Is PumpSwap custodial? Who holds your funds?
No. PumpSwap is listed as non-custodial: your funds stay in a wallet you control, not with the venue.
Checked 2026-10-16 · 2 sources- Swaps are on-chain AMM trades signed from the user's own wallet (including Privy-generated pump.fun wallets, which pump.fun says it cannot control).
- Non-custodial does not mean risk-free. Smart-contract bugs, phishing and malicious approvals can still lose funds.
Sources: pump.fun Fees (PumpSwap pool fee tables) · pump.fun Terms and Conditions. The venue's own page wins if it disagrees with ours.
PumpSwap
DEX. PumpSwap is pump.fun's native Solana AMM, where coins land when they graduate from the pump.fun bonding curve. Canonical pools charge a market-cap-tiered fee split between the coin's creator, the protocol and liquidity providers.
Full PumpSwap sheet: fees, custody, incidents →