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Reading: Axiom traders panic as Pump Fun temporarily bans selling memecoins
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Mycryptopot > Exchange > Axiom traders panic as Pump Fun temporarily bans selling memecoins
Exchange

Axiom traders panic as Pump Fun temporarily bans selling memecoins

September 1, 2025 3 Min Read
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On Thursday, memecoin merchants panicked as their promote buttons stopped working. Within the Discord chat for Axiom, a well-liked buying and selling platform that integrates with Solana-based memecoin generator Pump Enjoyable, directors admitted, “If you could promote you’ll be able to solely achieve this on Pump Enjoyable’s web site.”

Customers reacted utilizing the cranium — or “useless” — emoji 166 instances and threw up the center finger emoji 44 extra.

Lots of of complaints rained in as Axiom merchants panicked to get out of positions, misplaced cash, and requested refunds.

Assist tickets piled up past the skills of usually responsive buyer assist brokers.

Screenshot of Axiom’s Discord on August 28, 2025.

Axiom is a yCombinator-backed platform for buying and selling Solana tokens. Through integrations like API, memecoin merchants can often execute purchases and gross sales of Pump Enjoyable memecoins through Axiom.

That ease ended abruptly on Thursday afternoon.

Axiom merchants lose as promote button malfunctions

Axiom blamed Pump Enjoyable for pushing a technical replace that briefly banned promoting. “Pump Enjoyable has pushed a breaking change with out notifying buying and selling bots,” directors posted in Discord.

“We’re actively patching it proper now,” they assured clients.

Broadcasts on social media with titles like “PUMP FUN BANS SELLING!” and posts on X went viral.

“You may’t promote with any bot proper now, solely on their web site,” learn one, whereas one other screamed, “NOBODY CAN SELL WE ALL BAG HOLDERS NOW.”

When managing a big or leveraged commerce, uninterrupted entry to execute purchase and promote orders is essential to sustaining management over a market place.

Buyer complaints flooded Axiom’s basic chat. “I misplaced 3 SOL on a coin with that bug I want my refund,” wrote one sufferer.

“I simply misplaced 10 SOL,” wrote one other.

“I’ve been ready for 3 hours and haven’t seen a refund or a response,” complained one other consumer. “I want my refund of 1.5 SOL,” posted one other.

Learn extra: Pump Enjoyable’s token is crashing like a Pump Enjoyable token

Round 4:20pm New York time, Pump Enjoyable reverted adjustments to its API and seemingly resolved the error.

Directors in Axiom, overwhelmed with assist and refund tickets, tried to reassure clients that the emergency had handed.

Axiom launched in beta in late January 2025, opened for public buying and selling in February, and reached $100 million in income by Could.

As of publication time, its platform had accrued $256 million in complete charges paid by customers.

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Reading: Axiom traders panic as Pump Fun temporarily bans selling memecoins
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