Pump.fun launches custom trading pairs with tokenized stocks including Nvidia and Tesla

Sep 9, 2026

Pump.fun launched its Custom Pairs feature on September 9, 2026, allowing Solana creators to pair memecoins with 93 tokenized assets, including Nvidia, Tesla, and S&P 500 tokens. This move brings a highly active trading structure to Solana that previously drove Robinhood Chain's volume dominance. While retail speculation generates millions in transactional volume, DeFi protocols like Morpho and platforms like xStocks are working to integrate these tokenized stock inventories into broader lending and collateral infrastructure.

Pump.fun Custom Pairs launch

▪The Pump.fun Custom Pairs feature supports 93 pairs across asset-listing platforms Sunrise and xStocks, including tokenized Nvidia, Tesla, and the S&P 500.
▪Pump.fun announced the launch of its Custom Pairs feature on September 9, 2026, allowing creators to launch memecoins paired with tokenized stocks, wrapped crypto assets, and metals.
▪Pump.fun routes 50% of the bonding curve and PumpSwap protocol fees from Custom Pairs to the programmatic PUMP token buyback-and-burn contract.

Tokenized stock trading mechanics

▪Pump.fun's pair selector on September 9, 2026, showed wrapped ether carrying the highest liquidity at $3.07 million, while Nvidia held $1.13 million and Tesla held $836,210.
▪Creator fees on Pump.fun Custom Pairs are paid in the quote asset, meaning a coin paired with tokenized Nvidia distributes creator rewards in tokenized Nvidia.
▪The Solana asset-listing platform Sunrise brought 20 US stocks to Solana issued by Backpack Securities, which redeems its tokens 1:1 for underlying shares.

Memecoin-driven liquidity distribution

▪Nine pools pairing a memecoin with the Nvidia xStock opened on Raydium between September 6 and September 9, 2026, including a coin called CHATON.
▪Raydium announced a newly issued token on September 6, 2026, to pair with any supported quote token, naming LaunchOnSF as its first integration.
▪Memecoin pairs using tokenized stock tokens on Robinhood Chain generated $217 million in trading volume on September 2, 2026.

DeFi collateral integration

▪On August 10, 2026, xStocks launched five tokenized stocks and ETFs as native spot markets on Hyperliquid's HyperCore order books.
▪Ondo Finance stated in February 2026 that its SPYon and QQQon tokenized ETFs had entered Morpho lending markets on Ethereum as collateral.
▪Flowdesk, Agora, and xStocks launched a Morpho strategy vault accepting AUSD stablecoin deposits and allocating capital using tokenized S&P 500 exposure as collateral.

Solana versus Robinhood Chain

▪Pump.fun's mobile app processed more Solana-native token volume than Robinhood Chain token volume on September 8, 2026, for the first time since September 1.
▪Memecoins quoted in tokenized equities pushed Robinhood Chain past Solana in tokenized stock volume in late July 2026.
▪On August 31, 2026, the Robinhood Chain launchpad Pons collected $4.89 million in daily fees, out-earning Pump.fun.