Pump.fun Acquires Padre Trading Terminal as PADRE Token Is Phased Out Across Solana, BNB Chain, Ethereum L1, and Base

COINOTAG News reported on October 24 that pump.fun has agreed to acquire the Padre trading terminal. The deal value was not disclosed. Management stated that, once closed, Padre will continue to operate as usual, preserving token trading on the launchpad and a decentralised exchange across Solana, BNB Chain, Ethereum L1, and Base. In a follow-on note, the impacted PADRE token would no longer be active on that platform, with the company signaling no additional plans for token utility in this context.

Industry observers say the acquisition is expected to enhance the user experience and deepen cross-chain liquidity across the project’s launchpad and DEX ecosystems, aligning with pump.fun‘s strategic push in the evolving DeFi landscape.