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Pump.fun Callouts Explained: How to Use Them & Check Rewards

What Pump's Callout Rewards terms really say: the Activity Metric is confidential, rewards are discretionary, and only the on-chain transfer counts as payment.

Gary Zhao
Gary Zhao
Founder of Alchemii · · Last updated

Callout rewards are a maybe. Creator fees are a rate. pump.fun paid creators $13.35M in September. Launch the coin callers want to call.

Create my meme coin
Pump.fun Callouts Explained: How to Use Them & Check Rewards

Pump.fun Callouts are posts in which users highlight a token to other users, with a separate, discretionary USDC rewards programme attached. Searching for them usually means one of three tasks: finding a token someone mentioned, publishing your own view, or checking a reward. This guide covers all three from the official terms, and then the question most guides skip: which side you would rather be on, the one calling coins or the one whose coin gets called. A leaderboard position is not a transaction receipt, and a token mention is not a token deployment.

Disclosure: we build Alchemii, a token creator that competes with pump.fun for launches. Terms quotations come from Pump's own document; payout and graduation figures come from DefiLlama and from Alchemii's analysis of Dune's decoded pump.fun data.

Quick Facts

Published Callout reward formula
None
Section 8.2: methodology confidential, will not be disclosed
What counts as payment
USDC on-chain
Section 8.6: notifications are information only
Paid to pump.fun creators, Sept 2026
$13.35M
Creator fees plus cashback, a record month (DefiLlama)
Creator fee on every curve trade
0.30%
Up to 0.95% after graduation (pump.fun fee schedule)
Graduated, one-coin creators
9.51%
vs 1.22% for wallets launching 100+ a week (pump.fun, 20-26 Sep)
UK users eligible for rewards
No
Section 3.1(e), separate from the sanctions list
Terms: Pump's Callouts & Callout Rewards Terms (updated 13 Aug 2026, archived 10 Sep 2026). Payouts: DefiLlama pump.fun supply-side revenue, fetched 2026-10-04. Graduation: Alchemii analysis of Dune's decoded pump.fun data, 246,544 coins created 20-26 Sep 2026.

What are Pump.fun Callouts?

Pump's Callouts & Callout Rewards Terms of Service, last updated August 13, 2026, describe posts identifying digital assets, with follows, notifications and feed discovery. They also describe a separate rewards program. See the official Callouts terms.

The official PUMP token page exposes a Callouts tab alongside Holders and Trades. Pump also has a Callouts leaderboard. These are concrete product entry points; access and visible controls can depend on your account and app version.

One thing to note before you rely on any of it: section 4.3 reserves the right to “modify, curate, rank, promote, demote, suppress, decline to distribute, or remove any Callout,” and to change or discontinue the feature itself, at any time and without notice. Visibility is a product decision, not a property right.

How to find and evaluate a Callout

  1. Open the official Pump app or website and locate the token by its exact contract address.
  2. Look for the token's Callouts view. If starting from a feed post, check that it links to the intended contract.
  3. Read the publication time and the author's explanation. Compare the price at that time with the price available now.
  4. Inspect the current market before deciding whether to act: liquidity, expected received amount and exit conditions matter more than a screenshot of an earlier gain.

These are our reading checks, not a ranking formula. For example, a post about a token at an earlier price does not let a later reader buy at that earlier price. Two tokens can also share a ticker. Keeping the address and timestamp together prevents both mistakes.

How do Callout rewards work?

Section 8.1 is the operative sentence: the Program Operator “may, from time to time, distribute rewards denominated in USDC … to eligible users based on activity connected to their Callouts, as measured and determined by the Program Operator.” Participation requires no payment or purchase.

Section 8.2 then defines what “activity” means, and this is where most public explanations overreach. The terms describe an Activity Metric that may include engagement with Callouts and trading activity connected to called-out assets, measured by “one or more internal metrics.” The Operator may rank users by that metric and may calculate allocations “on a pro-rata or other basis.”

Then comes the sentence that governs everything else:

The Activity Metric, the ranking methodology, the composition and size of any rewards pool, and all related calculations are confidential, are proprietary to the Program Operator, may change at any time without notice, and will not be disclosed.

It continues: the Operator “has no obligation to publish, explain, or apply consistently any metric, methodology, ranking, or calculation.”

SectionWhat it establishesPractical consequence
8.1USDC rewards may be distributed to eligible users based on activity connected to their CalloutsThe programme exists, but every verb is permissive
8.2An internal Activity Metric may include engagement and trading activity; allocations may be pro-rata “or other basis”No committed formula, and the basis itself can change
8.2Metric, methodology, pool composition and pool size are confidential and will not be disclosedAny published formula is inference, not documentation
8.3Rewards are gratuitous and made in sole and absolute discretion; past rewards do not indicate future onesEarnings history is not a forecast
8.4Allocations may be manually reviewed, re-ranked, reduced, withheld or cancelled before distributionA ranking is not yet a payment
8.6Notifications and pending or estimated displays are informational only; the on-chain USDC transfer is the sole recordVerify in a block explorer, not in the app
7.1(f) / 7.2Reverse engineering or gaming the metric is prohibited; the Operator may exclude, withhold or recover rewards, with no appealOptimising against a guessed formula carries clawback risk
3.1Must be 18+, in good standing, not a Restricted Person, and not a UK PersonUK residents are excluded outright
Pump.fun Callouts & Callout Rewards Terms of Service, last updated August 13, 2026. Read from the Wayback snapshot captured September 10, 2026.

What the terms promise, and what circulates instead

A large amount of secondary coverage describes Callout Rewards as a fixed daily pool paid pro-rata on the buy volume your callout drove. That is a reasonable description of observed behaviour during the programme's first weeks. It is not what the document commits to, and the difference matters if you are budgeting effort against it.

Commonly repeated claimWhat the terms actually sayStatus
Rewards are paid dailySection 8.6 refers in passing to “an amount in daily callout rewards” in a notification example; no distribution cadence is committed anywhere in the documentObserved, not promised
Payment is pro-rata on the buy volume your callout droveSection 8.2 says allocations may be calculated “on a pro-rata or other basis” by reference to rankings derived from an undisclosed Activity MetricPartially supported
There is a fixed reward poolSection 8.2 states the composition and size of any rewards pool are confidential and may change at any time without noticeNot supported
The formula was reweighted toward quality over quantitySection 8.2 permits methodology changes without notice and disclaims any obligation to apply a methodology consistentlyConsistent with the terms, not documented by them
A pending balance in the app means you have earned itSection 8.6: notifications and pending displays “are not offers, promises, account statements, or confirmations”Contradicted
Anyone can participateSection 3.1 excludes under-18s, Restricted Persons and UK PersonsContradicted
Third-party descriptions of Callout Rewards compared against the operative text. “Observed, not promised” means the behaviour may well be real but carries no commitment.

We are not saying the circulating description is wrong about what happened. We are saying it has no contractual backing, and section 8.2 explicitly reserves the right to change the methodology without telling anyone. Section 8.3 adds that “past Rewards are no indication of future Rewards.”

Why nobody can publish a reliable payout formula

There is a structural reason the formula is not documented anywhere credible: section 7.1(f) prohibits any attempt to “discover, reverse engineer, game, or exploit the Activity Metric, the ranking methodology, or the Program's review processes.”

Section 7.2 gives that teeth. On suspected violation, the Operator may, in its sole discretion and without notice, exclude any user, account, wallet or activity from the programme or from any calculation under it, withhold, reduce, cancel or recover a reward, and suspend the account. Those decisions are “final and are not subject to appeal, explanation, or review.”

So an article promising you the exact weighting is either guessing or describing conduct the terms prohibit. We have not measured typical earnings, and a credible earnings claim would need a defined date range, an eligible-account sample, actual transfers and treatment of accounts that received nothing. A few winning screenshots cannot supply that denominator.

Who is eligible

Section 3.1 requires that you be at least 18 and of legal age in your jurisdiction, have legal capacity, maintain a Pump account in good standing, not be a Restricted Person, and not be a UK Person.

“Restricted Person” is defined in 3.2 by reference to the OFAC SDN list, the UN Security Council, EU, UK HM Treasury and British Virgin Islands sanctions regimes, plus residence in a comprehensively sanctioned territory — as of the last-updated date, Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk and Luhansk regions of Ukraine.

The UK exclusion is easy to miss and is not a sanctions matter; it sits as its own eligibility condition in 3.1(e).

Checking, and chasing, a reward

Section 8.6 is the one to internalise. In-app and push notifications about the programme — including a notification saying you received an amount in daily callout rewards — and any display of pending, estimated or historical amounts are “provided for convenience and information only.” They are “not offers, promises, account statements, or confirmations, and they do not create any entitlement.”

The actual on-chain transfer of USDC to your Wallet is the sole record of any Reward.

If a notification and the chain disagree, the chain wins. That single clause is why the practical check is a block explorer rather than a screenshot. Check the token too: native USDC on Solana is the mint EPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1v, per Circle's address list, and its Solscan page shows the issuer. Scammers airdrop look-alike tokens named "USDC" to wallets that are waiting for a reward; anything from a different mint is not a Callout reward.

Section 8.4 explains the gap you may observe between a ranking and a payment: before any distribution the Operator may review rankings and proposed allocations, including manual review, and may adjust, re-rank, exclude, reduce, withhold or cancel any proposed allocation for any reason, including suspected manipulation or sybil activity.

To investigate a missing reward, keep your account details, the notification time, the displayed amount and any transaction signature. Compare the destination wallet and token transfer before contacting official support. Do not assume an app notification proves receipt, and do not pay anyone offering to “unlock” a reward — there is no mechanism in the terms that a third party could unlock on your behalf.

Pump.fun Callouts vs creator rewards vs bounties: what is the difference?

Three programs share the same app and get conflated in almost every secondary write-up. They pay different people for different things, and only one of them has a published rate.

ProgramWhat it isWho is paid, for whatPublished rate?How to verify a payment
A CalloutA post identifying a token, shown on the token page and in feedsNobody, by itself; it is a discovery actionn/aWhich token was identified, by whom and when
A Callout rewardA discretionary USDC distribution based on the confidential Activity Metric (sections 8.1 to 8.6)Users, for activity connected to their CalloutsNo; the methodology is confidential by designAn on-chain USDC transfer to your wallet, nothing else
Creator rewards (creator fees)A share of trading fees routed to the wallet that launched a tokenThe token's creator, for trading volume in that tokenYes, as a fee share on the token pageThe creator-fee display and the on-chain claims for that token
A bountyA task-based post with its own winners and refund statusWhoever completes the task and is selectedPer bounty, on its own pageThat bounty's winners list and payout status

What is a Pump.fun bounty?

A bounty is a task, not a ranking. The public callout bounty example archived for this article shows a page with its own winners and a refund status, which is the structure to expect: someone posts a task, selects winners under rules stated on that page, and the page records whether unclaimed funds were refunded. Because each bounty carries its own terms, a bounty payout tells you nothing about the general Callout reward rate, and a Callout reward tells you nothing about any bounty.

How much do creators make on Pump.fun?

Creator rewards are the one program with real published numbers, because the fee share is on-chain. DefiLlama's fee data shows pump.fun paid coin creators $13.35 million in September 2026, its best month on record, and $110.5 million all time.

pump.fun supply-side revenue by month: creator fees paid to coin creators plus cashback returned to traders, per DefiLlama's adapter. September 2026 was the largest month on record at $13,345,968; all time, $110.5M. Callout rewards are not part of this series and have no published total.$0.00M$3.34M$6.67M$10.01M$13.35MMay 26Jun 26Jul 26Aug 26Sep 26May 26: $7.26MJun 26: $5.51MJul 26: $6.65MAug 26: $11.31MSep 26: $13.35MPaid to pump.fun coin creatorsMonth
pump.fun supply-side revenue by month: creator fees paid to coin creators plus cashback returned to traders, per DefiLlama's adapter. September 2026 was the largest month on record at $13,345,968; all time, $110.5M. Callout rewards are not part of this series and have no published total.

Our daily launch census breaks those figures down and finds the median new token earned essentially nothing, because it attracted no net buying. That skew is the context for every Callout screenshot too. The full fee schedule and how to claim it are in how to make money on pump.fun.

Where is the Pump.fun Callouts list?

There is no complete public list. The two official entry points are the Callouts tab on a token page, which shows posts about that token, and the Callouts leaderboard, which ranks users rather than posts. Anyone selling access to a “full Callouts list” is selling a scrape of those two surfaces.

Pump's public token page displays creator-fee information separately from Callouts. A public callout bounty example shows a task with its own winners and refund status. Neither display should be used as a promised general Callout payout rate.

Calling a coin vs creating one: which side of pump.fun pays?

Callouts reward the people who find coins. Creator fees reward the people who make them. Set the two side by side and the difference is not subtle.

Calling coins (Callout rewards)Creating a coin (creator fees)Creating with your own pool (Alchemii)
RateNot published; confidential by contract (8.2)0.30% of every curve trade, up to 0.95% after graduation0.25% LP fee on every trade in your own PumpSwap pool, while you hold the LP
Who decides if you are paidThe Program Operator, at its discretion (8.3)The protocol, automatically, on every tradeThe pool contract, automatically
Reviewed case by case?Yes; can be withheld or recovered with no appeal (7.2)No; it accrues by the published fee scheduleNo; it accrues inside your LP position
Published totalNone$13.35M paid in September 2026 (DefiLlama)Per pool, visible on-chain

Being called out still matters, because attention is what turns a coin into volume. But a Callout reward is a maybe, paid on a formula you are forbidden to study. A creator fee is a percentage of every trade in a coin you own. If you are going to spend effort on pump.fun, the creator seat is the one with a contract you can read.

The data says something useful about which creators get there. In the week of 20-26 September 2026, Alchemii's analysis of Dune's decoded pump.fun data found that coins from wallets that launched one coin that week graduated far more often than coins from spray wallets:

pump.fun coins created 20-26 Sep 2026, by how many coins the wallet launched that week

A coin that graduates moves into the PumpSwap band where the creator fee peaks at 0.95%. The one-coin creators made 19.5% of the launches and 58.6% of the graduations. In our meme coin trading study, creators were in profit after 46 hours 45.4% of the time, against 20.5% of the wallets trading their coins. The pattern is consistent: launch one coin you mean, bring people to it, and let the callers come to you.

How to make your coin callout-ready

A Callout sends readers to your token page. Within seconds they check the same handful of things, and so do the callers deciding whether to post about you. Here is what they look for and how to have each one settled before anyone arrives.

What a caller or buyer checksWhat they want to seeHow to settle it
Mint authorityRevoked, so supply cannot growRevoke it in the same transaction that creates the token, or later with revoke mint authority
Freeze authorityNever set, so wallets cannot be frozenAlchemii never sets it; check any token with the Solana rug checker
LiquidityA real pool, ideally with LP burnedOpen a pool with create liquidity, then burn the LP
Name, ticker, image, descriptionOriginal, consistent, datedSet once on the create form; fix it with update metadata while update authority is live
Holder spreadNo single wallet holding most of the supplyKeep your own buy small and say so

What should a token creator publish?

Make a post useful without requiring the reader to guess: include the correct chain and contract, explain what the project does, and date any metric you cite. Link to evidence for supply or liquidity claims. If you are describing a changed feature, state what changed rather than repeating an old launch slogan.

A practical example is: “Here is the token contract; these are the current authority settings; this is the pool we funded; these are the changes since launch.” That gives a reader something to verify. “Everyone is buying” gives them no evidence.

The Callout rules prohibit manipulation, artificial engagement and undisclosed paid promotion where disclosure is required (section 7). Section 5.1 also makes you solely responsible for every Callout you publish and its consequences. For a broader promotion workflow, see our Solana token marketing guide; for distribution mechanics, compare Pump.fun and Raydium. If you are weighing the launchpad itself, see is Pump.fun safe and our complete Pump.fun platform guide.

Create the coin worth calling

Callouts are discovery, and discovery needs something to discover. Create your meme coin → in one signed transaction for about 0.22 SOL: name, ticker and image, 1 billion supply and 6 decimals pre-filled, mint authority revoked in the same transaction, and 100% of the supply in your wallet. Open your own pool, burn the LP if you want the strongest trust signal, and you have a coin every caller can verify in ten seconds. If you would rather start from a format that is already moving, copy a trending coin or use the Solana token creator for a custom supply.

Limitations

  • We have not measured Callout earnings. A credible figure would need a defined period, a sample of eligible accounts, their actual USDC transfers and the accounts that got nothing. Pump publishes none of that, and the terms forbid reverse-engineering the metric.
  • The terms can change without notice (4.3, 8.2). We quote the version last updated 13 August 2026, archived 10 September 2026; re-check the live document before relying on any clause.
  • Graduation is correlation, not cause. One-coin wallets graduating more often does not prove that launching once makes a coin succeed; a serial launcher can also use a fresh wallet per coin.
  • Creator payouts include cashback. DefiLlama's series bundles creator fees with cashback returned to traders, so $13.35M is an upper bound on what reached creators.

FAQ

Where can I find the Pump.fun Callouts list?

There is no single published list of every Callout. The two official entry points are the Callouts tab on a token's page, which shows posts about that token, and the Callouts leaderboard, which ranks users by the confidential Activity Metric. Check the token contract when following a post, because two tokens can share a ticker.

Are Callout rewards guaranteed?

No. Section 8.3 of the official terms describes rewards as gratuitous and made in the Program Operator's sole and absolute discretion. No notification and no past distribution creates an entitlement.

Is there a published Callout reward formula?

No. Section 8.2 states that the Activity Metric, the ranking methodology, and the size of any rewards pool are confidential, may change without notice, and will not be disclosed. Any specific formula circulating publicly is a third-party characterisation, not a published rate.

How do I confirm I actually received a Callout reward?

By the on-chain USDC transfer to your wallet. Section 8.6 states that in-app notifications and pending or estimated displays are informational only, and that the on-chain record prevails if the two disagree.

Can UK users earn Callout rewards?

No. Section 3.1 requires that you not be a UK Person, alongside being at least 18 and not a Restricted Person under the listed sanctions regimes.

Does a Callout create a token or a liquidity pool?

No. Highlighting a token is a discovery action. Token deployment and pool creation are separate operations.

What is a Pump.fun bounty?

A task-based post with its own rules, winners and refund status, published through Pump's bounty pages rather than the Callout Rewards pool. The archived example in this article shows a bounty page listing winners and a refund state. Read each bounty's own terms; a bounty payout is not evidence of a general Callout reward rate.

How much do creators make on Pump.fun?

Creator fees are a separate program from Callout rewards, and the only one with a published rate: 0.30% of every bonding-curve trade, up to 0.95% after graduation. DefiLlama's fee data shows pump.fun paid coin creators $13.35 million in September 2026, a record, and $110.5 million all time. The distribution is skewed: most new coins attract no buyers and earn almost nothing.

How do I get my coin called out on pump.fun?

You cannot buy or request a Callout through the terms; other users decide what to post about. What you control is whether your coin is worth calling: a clear contract and description, mint and freeze authority settled, liquidity callers can check, and an audience ready on day one. On pump.fun, coins from wallets that launched a single coin graduated 9.51% of the time, against 1.22% for wallets launching 100 or more a week.

References

Sources & references

  1. pump.fun fee and revenue summary (API, dailySupplySideRevenue) — DefiLlamaCreator payouts: $13,345,968 in September 2026, $110,528,466 all time. Fetched 2026-10-04. (accessed 2026-10-04)
  2. DefiLlama pump.fun fee adapter (source code) — DefiLlama on GitHubDefines supply-side revenue as creator fees paid to coin creators plus cashback returned to traders. (accessed 2026-10-04)
  3. pump.fun fees (pump.fun/docs/fees) — pump.funBonding-curve trade fee 1.25%: 0.95% protocol, 0.30% creator. PumpSwap creator fee peaks at 0.95% for graduated coins between 420 and 1,470 SOL of market cap. (accessed 2026-10-01)
  4. Meme coin launches by chain and graduation by creator type (raw results) — Alchemii, from Dune's decoded pump.fun tables246,544 pump.fun coins created 20-26 Sep 2026; one-coin wallets graduated 9.51% vs 1.22% for 100+ wallets. (accessed 2026-10-04)
  5. Decoded pump.fun create and migrate instructions — Dunepumpdotfun_solana.pump_call_create, create_v2, migrate and migrate_v2, queried by Alchemii's analysts on 2026-10-04. (accessed 2026-10-04)
  6. Is meme coin trading profitable? 921-coin wallet study (raw results) — Alchemii45.4% of creators vs 20.5% of trader wallets in profit after 46 hours; creators with ~40 outside buyers were in profit 91% of the time. (accessed 2026-10-03)
  7. Pump.fun Graduation Regime Windows: Survival Analysis of 832,941 Token Launches (arXiv:2607.02823) — arXivLaunches advertising a Telegram graduated at 1.485% vs 0.166% for those without. (accessed 2026-09-04)
  8. USDC contract addresses — CircleNative USDC on Solana is mint EPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1v. A 'reward' paid in any other token called USDC is not USDC. (accessed 2026-10-04)
  9. USD Coin (USDC) token page on Solana — SolscanWhere to confirm that a reward transfer used the native USDC mint. (accessed 2026-10-04)
  10. Callouts & Callout Rewards Terms of Service (last updated August 13, 2026) — Pump, via Internet ArchiveSections 3, 4.3, 5.1, 7, 8 cited throughout this article. (accessed September 10, 2026)
  11. Callouts leaderboard — Pump, via Internet Archive (accessed September 10, 2026)
  12. PUMP token page, showing the Callouts tab and creator-fee display — Pump, via Internet Archive (accessed September 10, 2026)
  13. Public callout bounty example, with winners and refund status — Pump, via Internet Archive (accessed September 10, 2026)

Stop chasing Callout rewards. Launch the coin that gets called

Mint your Solana meme coin for about 0.22 SOL with mint authority revoked and the full supply in your wallet, open your own pool, and earn on every trade. Everything a caller checks is settled before they arrive.

Related Topics

More guides to Solana token creation, authorities, liquidity, and meme coin launches.