Pump.fun’s Kimchi coin routes every creator fee to one address
The concentration of creator fees and token supply in one wallet raises concerns about market manipulation and centralization risks in crypto trading.
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What happened
The concentration of creator fees and token supply in one wallet raises concerns about market manipulation and centralization risks in crypto trading.
Reported details
- The concentration of creator fees and token supply in one wallet raises concerns about market manipulation and centralization risks in crypto trading.
- The deployer bought 79% of the supply for about $9,300 and named a single address the permanent, unchangeable recipient of every creator fee the coin will ever pay. Pump.fun’s own profile page titles that address “Kimchi”
Why this matters
Pump.fun’s Kimchi coin is a factual update rather than a structural change to tokenized assets. Its value to a desk is the sourced detail and the timing, so read it next to the linked reporting and treat any figure the sources do not state as unknown.
Evidence boundary
On Pump.fun’s Kimchi coin, the scope is limited to what the linked 2 reports state, and where they diverge both positions are recorded without either being picked in advance; the headline figure is what to check first.
What to verify
Corroborate Pump.fun’s Kimchi coin with one independent dated source, and treat any figure the linked reports do not state as unknown rather than inferred.
Sources and editorial check time
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Crypto Briefing RWA: https://cryptobriefing.com/pump-fun-kimchi-coin-creator-fees/
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The Defiant Live: https://thedefiant.io/news/tokens/kimchi-coin-minted-before-pump-fun-ad-fee-routing
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Editorial source check time: 2026-10-22T00:37:07.899Z
This information is educational and is not financial, legal, or tax advice.