Pump.fun has started buying back PUMP, with funds coming from transaction fee revenue.

According to EmberCN monitoring, Pump.fun started using fee revenue to repurchase $PUMP after issuing the token. In the past 7 hours, it transferred 187,770 $SOL (approximately $30.53 million) in fee revenue to the 3vkp...3WTi address and then purchased PUMP. The purchased $PUMP was then transferred to the G8Cc...kqjm address for storage. [Foresight News]