Pump.fun Acquires Multichain Trading Terminal Padre to Expand Its Professional Retail Trading Base

Pump.fun acquires Padre to expand its professional trading user base and capture new opportunities.

The Padre token is being phased out, causing backlash and concerns from existing investors on the platform.

Pump.fun focuses on growing professional trading despite past controversies and community criticisms.

Pump.fun has acquired Padre, a multichain trading terminal, aiming to expand its professional retail user base. The acquisition marks another step in the company’s strategic growth. Pump.fun intends to leverage Padre’s infrastructure to capture and tokenize high-potential opportunities across crypto markets. The deal follows Pump.fun’s first acquisition in July, when it purchased a Solana wallet-tracking and analytics tool.

Padre’s technology will integrate with Pump.fun’s existing systems. The company hopes this will strengthen its ecosystem and drive activity among professional traders. While Pump.fun already launched its own trading terminal nearly a year ago, acquiring Padre aims to enhance these capabilities. Terminals like Padre are known to attract significant trading volume, offering Pump.fun access to new market segments.

Token Controversy Erupts

Despite the acquisition, Padre’s preexisting token is being phased out. The token will no longer have utility on the platform, leaving holders without value. This sudden move has triggered backlash from the community. Some users have accused Pump.fun of performing a rug pull, citing the abrupt devaluation of the PADRE token. While the token remains small, investors could face losses from the unexpected shutdown.

Pump.fun reassured users that Padre’s trading functions will continue, but the token’s removal complicates the transition. Community dissatisfaction highlights tensions between growth strategies and existing token holders. The controversy raises questions about investor trust and future token management on the platform.

Expansion of Professional Trading

Pump.fun is focusing on expanding its presence in professional retail trading. The firm believes that terminals like Padre can capture high levels of activity and improve trading efficiency. Integrating Padre aligns with Pump.fun’s long-term goal to tokenize promising opportunities worldwide. The acquisition complements the PUMP token ecosystem, reinforcing the company’s market position.

By enhancing its infrastructure, Pump.fun expects to attract more advanced users. These users can potentially increase liquidity and trading volume across supported chains. The company’s strategy shows a clear prioritization of professional engagement over smaller token communities.

History of Controversy

Pump.fun has faced multiple controversies previously. Allegations have included enabling market manipulation and hosting offensive tokens. Earlier, it delayed its $1B token sale to mid-July amid lawsuits, copyright complaints, and unexplained social media suspensions. Regardless of all these problems, the platform is still visible and attracts users. In June, Pumpfun added tools to track rising tokens and buy them quickly as memecoin interest dropped.

Analysts suggest that any negative impact from the PADRE token shutdown may be temporary. The acquisition may still provide strategic benefits, despite backlash. Observers will watch closely to see if user dissatisfaction affects platform adoption. The company appears determined to continue its expansion, even amid controversy.