Pumpfun has reportedly generated approximately $500 million in revenue, attracting significant retail capital into decentralized finance (DeFi). This influx has raised questions about the sustainability of its business model, particularly as it has extracted nearly half a billion dollars from retail traders. Despite concerns, some analysts argue that Pumpfun's operations have positively impacted the Solana (SOL) ecosystem, contributing to its deflationary status. An estimated $500 million in SOL has been burned due to liquidity pool migrations, with additional SOL removed from circulation through user transactions. The liquidity-to-market capitalization ratio suggests that over $10 billion in unrealized gains have been affected by these operations. While some critics express skepticism about the long-term viability of Pumpfun, others highlight its role in reducing risks associated with liquidity pool scams and token raises, positioning it as a net positive for SOL investors.