ANSEMFUND
Research
Before building any of this we measured the ground truth: every Meteora pool that has ever existed, and a large sample of pump's own curves. None of it is about ANSEMFUND — it is about the odds any token faces, including this one.
The platform
ANSEMFUND launches on pump.fun. So we sampled pump's own bonding curves — 59,581 of them — and asked what actually happens to a launch there.
1.22% ever graduate. The median curve that hasn't holds seven lamports. Not a rounding artifact — just nothing. Building on that honestly means assuming this token is one of them.
| SOL raised on the curve | Curves | Share of sample |
|---|---|---|
| Exactly zero | 2,310 | 3.92% |
| Under 0.001 SOL | 48,889 | 83.06% |
| ≥ 0.1 SOL | 1,253 | 2.13% |
| ≥ 1 SOL | 213 | 0.36% |
| ≥ 10 SOL | 12 | 0.02% |
Sampled, not exhaustive — pump mints on the order of 100k tokens a day, so no full count is meaningful. Pagination is pubkey-ordered, which is random with respect to token identity, so the proportions hold; the totals are only the sample.
The category
Pump's state doesn't expose lifetime fees per token — creator fees sweep into a vault keyed by creator, not by coin, and drain when collected. So we went where the number is readable: Meteora's pools record lifetime fees on-chain. We read all 1,559,237 of them.
~98.6% never earn $250 in fees in their entire life. Different venue, same verdict — the distribution mechanism was never what failed. For almost every token there is simply nothing to distribute.
| Lifetime fees earned | Pools | Share of launches |
|---|---|---|
| Traded at all | 979,398 | 62.80% |
| ≥ $250 | 21,644 | 1.39% |
| ≥ $3,500 | 1,723 | 0.11% |
| ≥ $35,000 | 119 | 0.01% |
Meteora Dynamic Bonding Curve, every pool that has ever existed. A different platform to the one this token launches on — cited because it is the only venue where fees earned are recoverable from chain state, not because it flatters the number.
The arithmetic
Pump pays a coin's creator 30 basis points of every trade. That is the entire input — there is no other source of money in this design, and no amount of mechanism design creates volume that isn't there.
We measured that rate off a real trade rather than trusting the config: pump's own
Global account still advertises 5 bps, which is stale. The fee program's
config says 30, and a live sale paid out exactly 0.30000%.
| Cumulative volume | Creator fees | What that funds |
|---|---|---|
| $100,000 | $300 | a first real epoch |
| $333,000 | $1,000 | weekly, for a month |
| $1,000,000 | $3,000 | a quarter of epochs |
| $10,000,000 | $30,000 | a year that matters |
Read it the sober way round: $83,000 of volume buys one $250 distribution. Most launches never see a tenth of that, which is why the honest assumption is that this token pays nothing — and why the design has to make small amounts distributable rather than pretend large ones are likely.
The specific failure
Platforms hold fees until the pot is "big enough". A token that never accumulates the threshold at one moment pays out nothing, forever, however much it earned in total. 26 weekly epochs, real 528-holder curve, measured $0.1625 claim cost.
A token earning $465 over six months — better than ~99% of everything ever launched — delivers literally zero under a pool threshold. The fees just sit there.
| Token earns over 26 weeks | Pool threshold | Wallet accrual |
|---|---|---|
| $41 · typical | $0 · 0 wallets | 91.8% · 34 wallets |
| $465 · beats ~99% | $0 · 0 wallets | 97.7% · 100 wallets |
| $8,184 · top ~0.1% | 93.9% · 172 wallets | 99.7% · 248 wallets |