According to CoinMeta, as reported by an early issuer of in, pump.fun offered a signing bonus of $20,000 and a monthly remuneration of $30,000 to users of its competitor FOMO, urging them to migrate to its application. The terms of the agreement included the transfer of funds, the use of a dedicated wallet, public statements, permanent deletion of FOMO accounts, a ban on using that wallet on competing platforms, and non-slanderous clauses. According to Defillama data, pump.fun generated $6.49 million in revenue over the past 7 days, FOMO generated $2.64 million, and Flap generated $1.39 million. Lawyer Ariel Givner analyzed that pump.fun's actions did not violate any laws or regulations.