Blockchain & Crypto

pump.fun

How pump.fun Acquired 2,250 Active Token-Trader Wallets with Blockchain-Ads

pump.fun
2,250
Active Wallets acquired
$107
CPA
9.5M+
Impressions Delivered
75%
Improvement in 30-Day Activity Rate
Campaign Type
Display
industry
Blockchain & Crypto
Duration
5 months
Total Ad Spend
$240,760
Key Markets
North America, Western Europe, Brazil, SEA
Primary KPI
CPA per Active Wallet
Objective

Acquire wallets that created or traded a token within 7 days of acquisition

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About
pump.fun

pump.fun is a token-launch platform on Solana that removes the technical barriers to token creation and trading. The platform embeds a community-led discovery mechanism and a bonding curve pricing model directly into the launch experience. This allows any wallet to create and trade a token in minutes. pump.fun targets crypto-active users on Solana and EVM-active traders curious about Solana's lower-fee token-trading environment. The platform's growth pattern is driven by high transaction velocity and a creator-economy community that continuously generates new token launches.

  • Target Audience: Solana-active wallets, EVM-active traders with Solana-bridge behaviour, memecoin traders, creator economy participants
  • Growth Stage: Hypergrowth

A note on attribution: pump.fun's paid acquisition on Blockchain-Ads is managed through affiliate partners, each running independently with their own market focus and creative approach. This case study covers one such campaign and reflects what Blockchain-Ads can deliver for pump.fun-aligned partners. All the while targeting active crypto wallets across North America, Western Europe, Brazil, and SEA.

The Challenge

pump.fun needed wallets that would create or trade a token within 7 days of acquisition at a CPA its high-velocity, low-margin economics could sustain. Awareness was not the problem. Three obstacles defined what that required:

  • Audience-precision gap: Mainstream platforms cannot target a Solana-active wallet that has traded but not yet created a token. pump.fun's expansion audience required on-chain signal, not interest inference.
  • Strict conversion definition: The active-wallet KPI required a verified on-chain action within 7 days of first contact. This compressed the consideration window and eliminated passive sign-ups from the conversion count.
  • Volume at scale: The brand's hypergrowth rate required paid acquisition that could scale into thousands of wallets per month without CPA drift during high-velocity market windows.

Why Blockchain-Ads

Token-related advertising is blocked on every mainstream paid channel pump.fun's audience uses. The audience itself, Solana-active wallets and EVM traders exploring Solana, is defined by on-chain behaviour that no mainstream platform can read or target. pump.fun needed wallet-level signal, not demographic or interest proxies.

Blockchain-Ads provided the Solana-native targeting infrastructure the campaign required through four capabilities: 

  • Solana-active wallet segments: Campaigns reached wallets with verified Solana transactions in the last 30 days, filtered for high-velocity and frequent-trader behaviour.
  • EVM cross-chain-curious segments: Targeting identified EVM-active wallets that had bridged to Solana or interacted with a Solana DEX within 90 days.
  • Memecoin-trader wallet segments: Cross-chain pattern-matched audiences captured wallets already active in memecoin trading on other networks.
  • Wallet-based retargeting: Connected-but-not-active cohorts were re-engaged for wallets that had not created or traded within 5 days of first contact.

Campaign Results

  • 2,250 active wallets acquired across 5 months at a CPA of $107 per active wallet.
  • 30-day continued-activity rate improved from 28% at campaign start to 49% at close, a 75% improvement.
  • Impressions: 9.5M+ delivered across North America, Western Europe, Brazil, and SEA.
  • Click-to-active-wallet rate reached 4.83% in Phase 3 at a CPC of $0.46.
Selected Ad Examples

Campaign Strategy

Phase 1: Learning (Month 1)

The objective was to identify the wallet behavioural profiles most predictive of token-creation or active-trade behaviour within 7 days. 

Four wallet segments were tested:

  • Solana-active high-velocity traders.
  • Memecoin-trader wallets with cross-chain patterns.
  • EVM-active wallets that had bridged to Solana within 90 days.
  • NFT-collector wallets as a control group.

Two creative tracks ran in parallel:

  • The platform-velocity track led with "Trade the Next 100x" and "Catch It First on App," targeting active traders focused on speed and early access.
  • The community identity track ran "Pump Wrapped: Your Year in Memes," targeting existing Solana community members with a social-proof and identity angle.

EVM cross-chain-curious wallets converted to active wallet status at 2.6x the rate of pure Solana-native segments. Brazil over-indexed on memecoin-trader engagement and was separated into its own creative track.

Phase 2: Consideration (Month 2 to 3)

Budget was reallocated to concentrate 65% on cross-chain-curious EVM segments and Brazilian memecoin-trader segments. The platform-velocity creative scaled as the primary global track. The community identity creative became the dedicated Brazil track alongside a creator-economy-led variant. Creative cycles moved to a 5-day rotation to maintain freshness against high-frequency trading audiences. A Solana-bridge-aware first-time experience was surfaced for arriving EVM users, reducing first-active-step drop-off. CTR climbed from 0.27% to 0.71% and click-to-active-wallet rate improved from 2.1% to 4.6% across the phase.

Phase 3: Acquisition and Retargeting (Month 4 to 5)

Daily spend was lifted 3.4x against the winning EVM cross-chain-curious and Brazilian memecoin-trader cohorts. Wallet-based retargeting activated for connected wallets that had not traded or created a token within 5 days. Behavioural retargeting ran separately for users who had bridged to Solana but had not yet traded. Token-launch-window bid surging activated around major Solana ecosystem launches and high-velocity market windows. Retargeted cohorts activated at 2.4x the rate of cold prospecting. CPA at steady state settled at $107 and the 30-day continued-activity rate reached 49% of the acquired cohort.

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