Someone launches a coin for you.
People trade it. You get paid.

Launcher

The wallet that signs and pays for the launch. It never holds the recipient’s fees.

Fee vault

A Solana key created for one coin and named as its on-chain creator, so pump.fun pays that coin’s creator fees into it. One vault per coin means every lamport maps to exactly one recipient. Keys live server-side only.

Venmo recipient

Stored by username, immutably, at launch. No wallet is inferred from a username. Nobody can re-point the designation afterwards.

1. 1

   Generated

   pump.fun credits the creator about 0.30% of each trade (the schedule varies with market cap) on the bonding curve and PumpSwap.

2. 2

   Collected

   The fee worker claims creator fees into the coin’s vault and records the claim signature. Duplicate signatures are ignored.

3. 3

   Converted

   SOL is swapped to PYUSD, the settlement asset. Failed swaps are recorded as failed and never credit the balance.

4. 4

   Awaiting disbursement

   A payout intent reserves the amount so it can’t be paid twice. If the recipient hasn’t verified yet, it waits as “awaiting recipient”.

5. 5

   Transfer initiated

   An operator sends the payment through an available rail.

6. 6

   Delivered or failed

   Delivered only once a payment reference is reconciled. Failures return to the queue with the reservation intact.

1. Step 1

   Username entered

   A launcher named this Venmo handle. Nothing is implied about identity yet.

2. Step 2

   Recipient verified

   The person behind the handle confirmed ownership with us (claim link or operator attestation).

3. Step 3

   Payout destination established

   They chose how to receive: PYUSD to their Venmo crypto deposit address, or a manual Venmo transfer.

4. Step 4

   Payout ready

   Converted funds are reserved against an open payout intent.

5. Step 5

   Paid

   Settlement evidence recorded (tx signature or Venmo payment reference).

An unverified handle never blocks a launch or fee accrual. It only blocks payout, so money can’t be misdirected. Check if you were named →

Launching costs a small amount of SOL. This app never reads or moves your Venmo balance; every transfer is something you do inside Venmo.

• SOL

  Venmo → your Solana wallet

  Buy SOL in Venmo's Crypto tab, then Send to your own wallet address. You initiate every step inside Venmo; this app never touches your Venmo balance.

  You do it in Venmo

• PYUSD

  Venmo → Solana (PYUSD) → swap to SOL

  Send PYUSD from Venmo to your Solana wallet, then swap PYUSD→SOL on a DEX to pay launch and trading costs.

  You do it in Venmo

• ETH

  Venmo → Ethereum → bridge to Solana

  ETH lands on Ethereum. Moving it to Solana needs a third-party bridge (e.g. Wormhole/Portal). Extra fees and time.

  External provider

• USD balance

  Venmo cash → Solana

  Venmo cash can't be sent to a blockchain directly. Use a checkout on-ramp that accepts PayPal/Venmo funding (optional adapter, not yet verified here).

  External provider

• BTC / LTC / BCH

  to Solana

  Venmo can't send these to Solana. Sell in Venmo and buy SOL or PYUSD instead.

  Unsupported

Venmo’s Developer and Payouts APIs are retired for new applicants, so there is no automated “pay @username” rail. Today a verified recipient is paid either by an operator sending the Venmo payment manually and recording its reference, or by PYUSD sent on Solana to a deposit address the recipient generated inside Venmo. Expect a 0.5–1% conversion cost, Solana network fees, and settlement delays of up to a few business days while the queue is reviewed.

Not legal advice; no approvals claimed.

• Money transmission

  Holding fees in custody and paying third parties likely constitutes money transmission in the US (FinCEN MSB registration, state licenses) unless structured through a licensed partner.

• AML / KYC / sanctions

  Recipients must be identity-verified and screened (OFAC) before any payout; launchers’ wallets should be screened against sanctioned addresses.

• Venmo acceptable use

  Venmo personal accounts prohibit commercial use and unauthorized third-party activity; manual payouts at scale risk account action. A licensed payout provider is the right production path.

• Securities / consumer protection

  Tokens are speculative; disclosures and no promises of returns. Recipients are not token owners and don’t need to be.

• Tax

  Payouts to US recipients may require 1099 reporting above thresholds.