A new Solana memecoin launched on Pump.fun has hard-coded its entire creator fee stream to a single wallet permanently. The token, $KIMCHI, cannot redirect those fees to another address. Pump.fun's own profile page labels the receiving address "Kimchi," the name of a trader who had just been announced as a Pump.fun collaborator on creative direction.
How the launch unfolded
$KIMCHI went live on October 20, 2026, at approximately 23:00 UTC. The token also carries a second name, "Aura Final Boss."
The deployer used an anonymous wallet with a track record of launching similar tokens. In the very first transaction, that wallet acquired about 79.3% of the one billion token supply, at a cost of roughly 87 SOL — worth somewhere between $9,000 and $9,300.
Minutes after launch, 750 million tokens, or 75% of the supply, landed in the address labeled "Kimchi." At the same time, the deployer named that address the fixed, unchangeable recipient of every creator fee the coin generates.
Promotion tied to the trader Kimchi helped push the token's market cap to approximately $40 million within its first hour. On-chain analysis indicated the deployer sold most of its remaining tokens after launch, for an estimated profit of about $26,000. Early sniping wallets reportedly walked away with even more.
Why the fee setup matters
Creator fees are Pump.fun's way of paying whoever launches a token. On the bonding curve, the creator fee sits at 0.30% of trading volume. Once a token graduates to a PumpSwap pool, the fee ranges from 0.05% to 0.95%, depending on which market-cap tier the token occupies.
What makes $KIMCHI unusual is the permanence. The deployer did not keep the fee stream or retain the option to redirect it later. Instead, every future fee flows to the one address, with no way to reassign it. The arrangement concentrates both a large token balance and an ongoing revenue stream in a single wallet.
The influencer playbook on Solana
The address carries the Kimchi label on Pump.fun's profile page. The source material does not establish whether the trader set up the token, endorsed it, or controls the wallet.
What this means for traders and the platform
One address holding 75% of supply can move the price dramatically if it ever decides to sell.
Fee recipients earn from activity, not from price direction. A wallet collecting a cut of every trade profits from volatility in both directions, which can sit awkwardly beside holders who only win when the price rises.
The deployer turned roughly $9,300 into an estimated $26,000 profit, and snipers reportedly did better. Those gains came from being first to a bonding curve.
The Kimchi-labeled address is the single most important wallet in the $KIMCHI economy, given its 750 million tokens and its permanent claim on creator fees. Also worth watching is whether the token graduates to a PumpSwap pool and which fee tier it lands in, since that will determine how much the fixed recipient collects as trading continues.
