GraFun, a memecoin issuance platform originally built on the BNB Chain, is expanding to the Ethereum network, according to the project’s developers. This move, announced on Wednesday, aims to broaden GraFun’s audience, increase liquidity for meme token issuances, and enhance the platform’s visibility among the wider crypto trading community.
GraFun stands out with its “Fair Curve” model, which its developers claim reduces the risks of rug-pulls, curbs price manipulation, and ensures more equitable token launches. This approach aims to protect users from losing money during the issuance process. Memecoin giant Floki owns over 40% of GraFun, with additional backing from DWF Labs.
In just a month and a half since its launch, GraFun has facilitated the issuance of over 13,600 memecoins, with a total trading volume of $430 million. Despite operating exclusively on BNB Chain, GraFun has already emerged as the top-performing memecoin launchpad on any EVM-compatible blockchain.
By expanding to Ethereum, GraFun expects to capture new users, access greater liquidity for meme token launches, and raise its profile among crypto traders.
Notable memecoin launchpads that utilize similar “Fair Curve” models include Pump on Solana, which pioneered this approach, and Tron’s Sun Pump. Pump.fun has generated over $150 million in fees over the past six months and is on track to earn $400 million in annual fees. Meanwhile, SunPump, which launched in August, has earned $5.4 million in fees.
