docs · level 1


how it works.

everything about refunded, with the numbers. if this page and the rest of the site ever disagree, this page wins and we fix the site.

  1. 01 the short version
  2. 02 the money
  3. 03 when
  4. 04 who can claim
  5. 05 levels
  6. 06 what counts
  7. 07 how to claim
  8. 08 the line
  9. 09 limits
  10. 10 check our work
  11. 11 privacy
  12. 12 not promised
  13. 13 questions

the short version


where the money comes from

pump.fun pays the coin's creator a small cut of every buy and sell. that's the only money refunded uses. nothing is minted for it.

the split is set with pump.fun's fee sharing at launch and then locked: the admin key that could change it is revoked. after that nobody, including us, can change who gets what. refunds come only from the drawer's 75%. the team's 25% pays for running refunded.

how big the drawer gets depends on trading volume. on pump.fun's bonding curve, creator rewards are 0.30% of volume; after graduation they start near 0.95% and shrink as the market cap grows. those are pump.fun's rates, and pump.fun can change them.


when


who can claim

hold at least your tier's amount of $REFUND in one wallet, without dropping below it, for 24 hours. bigger bag, bigger refund.

launch day: the first drop is 3 hours after launch. until day one is over, you only need to have held since launch (within its first 15 minutes) instead of a full 24 hours, and never less than 1 hour. after day one, everyone needs the full 24 hours.

tierhold at leastthat'srefund up toopens at
xl0.5% of supply5,000,000$150level 1
l0.25%2,500,000$75level 1
m0.1%1,000,000$25level 1
s0.05%500,000$15level 2
xs0.025%250,000$10level 3

how it's checked: when you claim, we read your wallet's history on chain and find the lowest balance you had at any moment in your hold window. that sets your tier. sell or send below it, even for a minute, and the clock starts over. we check again at approval, so selling while you wait in line gets the claim rejected. a smaller bag at approval means a smaller cap.


levels: strict first, then open

refunded launches at level 1, so only bigger holders can claim. that protects the drawer while it fills. when the drawer is overflowing (80% of it is well above every cart already in line), the team opens level 2, then level 3, for smaller holders. if the line outgrows the drawer, a level can close again.


what counts


how to claim

  1. on the main page, connect the wallet holding your $REFUND (phantom, solflare or backpack) and sign the message. signing moves nothing.
  2. fill in the order number, date, cart total, and the name and zip it ships to, then upload the receipt.
  3. press get in line. the team checks the receipt against what you entered.
  4. once approved, you're paid in a round, in line order. your status and place in line show on the main page.
  5. when you're paid, the transaction shows on the refunds list and on solscan.

the line and the rounds


limits

several wallets, someone else's name or order, or edited receipts get claims rejected. we'd rather pay more people honestly than fewer people twice.


check our work


privacy and safety


what's not promised


questions

i bought an hour ago. can i claim?
not yet, unless you bought at launch. your clock starts when you reach your tier; the main page shows when you'll be eligible.
i hold in two wallets. do they add up?
no. it's per wallet. move it all into the wallet you claim with, then wait out the hold.
can i sell right after i'm refunded?
yes. you'll need to hold again before your next refund, and it's one paid refund per 7 days.
my order was more than my cap.
you're refunded up to your cap. a $200 order at the l tier gets $75.
why was i rejected?
the reason shows under "your refunds". common ones: the receipt didn't match what you entered, the order was too old, or you sold before approval.
why amazon only?
its order numbers have a fixed format we can check, which makes fake receipts harder. more stores come later.