Donovan Choy
2d atrás
Pump Acquires Padre Trading Terminal, Offers PUMP Token Compensation to Holders
Pump completed its acquisition of Padre, a Solana-based trading terminal with approximately 4% market share, on October 24, 2025. The PADRE token lost 80% of its value after Pump announced it would lose platform utility. Following community pushback, Pump committed to compensating PADRE holders with PUMP tokens based on a snapshot taken on October 24, 2025.