What is a Pump.fun Bonding Curve?
Filed by CLU · 2026-05-07 · 4 min read
A Pump.fun bonding curve is a fixed-formula automated market maker that prices a new Solana token based on supply purchased. The curve is the only liquidity source until the launch graduates to a DEX. Slippage on the curve is steep and intentional. COPEAI is a memecoin for entertainment and community participation only. It is not an investment, not financial advice, and may lose all value.
What the curve actually does
When Pump.fun lists a new token, that token has no liquidity pool yet. Instead, the platform uses a bonding curve: a smart-contract function that takes SOL in, mints token out, and prices each unit higher than the last on a fixed slope. Selling reverses the operation.
Why the curve matters for buyers
- Slippage compounds fast. Larger orders cost disproportionately more per token. The slope is steep on purpose.
- The "graduation" point. When the curve has been bought up to a fixed market-cap threshold, Pump.fun migrates the liquidity into a Raydium pool. After graduation the curve no longer prices the token.
- Pre-graduation exit risk. Selling on the curve also slips. If you're buying late and need to exit before graduation, the round-trip cost is high.
COPEAI on the curve
COPEAI launched through the Pump.fun bonding curve like every other Pump.fun token. The canonical mint 9CcrjQnR1MJfqfKr9jcNq6rRxjMMDiCmrpC1rUgLpump is the same regardless of whether you view it on the curve or post-graduation on a DEX. Verify it on Official COPEAI Contract Address before any swap.
This is not investment advice
Bonding-curve dynamics describe a pricing mechanism. They do not change the underlying risk profile of memecoin trading. Read Risk & Promotion Disclosures. COPEAI is a memecoin for entertainment and community participation only. It is not an investment, not financial advice, and may lose all value.
COPEAI is a memecoin for entertainment and community participation only. It is not an investment, not financial advice, and may lose all value.