Pumpfun Acquires Memecoin Trading Terminal Padre

Memecoin launchpad pumpfun announced its newest acquisition today, closing a deal to add Padre, a multichain trading terminal, to its ecosystem.

Padre is a memecoin trading terminal live on Solana, Base, Ethereum, and BNB Smart Chain, and looks to compete in the trading bot space, which is currently dominated by Axiom. Padre has a market share of around 5%, according to Dune Analytics.

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