Litepaper · Version 1.0
SUIDRIP: holder rewards paid in SUI
1. Abstract
SUIDRIP ($SUIDRIP) is a Solana token launched on Pump.fun using the Holder Rewards model. Trading fees that would ordinarily be paid to a creator wallet are instead sent to a Pump.fun distribution wallet and paid out to eligible holders pro rata. The token's pair asset is SUI, in the Solana-side representation that Pump.fun lists under its Custom Pairs programme. As a result, fees are collected in SUI and rewards are paid in SUI.
2. Objective
Many Solana-native participants have limited exposure to Sui and limited tooling for obtaining it. SUIDRIP aims to provide a simple, documented route to receiving SUI by holding a token that trades on a venue they already use, and to publish sourced information about the Sui ecosystem for that audience.
SUIDRIP does not forecast prices, does not promise returns, and does not represent that holding the token will produce rewards of any particular size.
3. Reward mechanism
- Participants trade $SUIDRIP against SUI on the Pump.fun bonding curve and, after graduation, on PumpSwap. The token is also tradable in the FOMO.FAMILY app.
- Each trade pays fees. Pump.fun collects every fee in the quote asset of the pool on which it is charged, which for this coin is SUI.
- Because the coin is a Holder Rewards coin, the creator-fee component is replaced by a flat Holder Rewards rate chosen at launch. That share accumulates in a vault for the coin.
- Pump.fun distributes the vault from time to time, in SUI, among wallets holding at least the minimum eligible amount, pro rata to their holdings.
The Holder Rewards setting is permanent for the coin. The rate chosen at launch can be changed only through a community takeover process defined by Pump.fun.
4. Fee architecture
For Custom Pair coins, Pump.fun applies a flat schedule instead of market-cap tiers. With Holder Rewards enabled, the Holder Rewards rate replaces the default creator fee on both venues.
| Component | Bonding curve | PumpSwap |
|---|---|---|
| Holder Rewards rate | Set at launch | Set at launch |
| Protocol fee | 0.95% | 0.05% |
| Liquidity provider fee | 0% | 0.20% |
| Total pool fee | Rate + 0.95% | Rate + 0.25% |
Trades placed through the Pump.fun web or mobile app carry an additional platform fee of 0.45% (0.40% with a referral code), collected in the asset spent or received. It is not charged on Terminal or third-party interfaces. Pump.fun states a maximum allowable Holder Rewards rate for Custom Pairs (3% at the time of writing).
5. Distribution parameters
- Eligibility: wallets holding at least the equivalent of US$20 of $SUIDRIP, a threshold set by Pump.fun.
- Allocation: pro rata to eligible holdings.
- Cadence: several times per hour, executed by Pump.fun.
- Cost reserve: before each distribution an amount is reserved to cover network, rent and priority-fee costs, up to US$0.20 per eligible holder for token-paired coins. Unused reserve stays in the vault.
- Vault minimum: a round does not run while the vault holds less than the reserve plus a minimum amount (currently US$20).
- Holder limit: distributions do not run while the coin has more eligible holders than Pump.fun's current platform limit.
- Holding time: Pump.fun states that longer holding periods raise the reward ceiling for Holder Rewards coins.
Rewards are therefore paid net of distribution costs and are not guaranteed.
6. Pair asset
The pair asset is SUI as listed on Pump.fun's Supported Pair Assets page. It is a token on Solana, made available through Sunrise, operated by Wormhole Labs. Its contract address is:
suifhC9gU1VbJAPYPTBkHJyyyStKGLLYPVDTmPoqbvA
Only the token at this address is the supported pair asset. Tokens that share the ticker SUI but have a different address are different assets. Pump.fun states that it may add, suspend, restrict or remove supported pair assets and that issuer or listing-provider actions can affect pools that use them.
7. Custody and wallets
The project team does not custody holder rewards. Fees are routed to Pump.fun's distribution wallet and paid out directly to holder wallets. Because rewards are standard Solana SPL tokens, any wallet that supports Solana can receive them, including Solflare and Phantom. A Sui wallet is required only if a holder chooses to bridge the reward token to the Sui network.
8. Programmes
Transparency reports
Periodic summaries that reference on-chain distributions so that holders can verify reward activity independently.
Early Alert
An editorial programme publishing sourced briefings and plain-language explainers on Sui ecosystem developments for a Solana-native audience.
Community
Holder polls on non-protocol matters and public moderation rules. Partnerships are announced only after written agreements are in place.
9. Risk factors
- Market risk. The prices of $SUIDRIP and SUI may fall to zero.
- Volume dependency. Rewards derive solely from trading fees and may be small or zero.
- Pair asset risk. The SUI pair is a bridged representation maintained by third parties. Its availability on Pump.fun is not guaranteed.
- Platform risk. Pump.fun controls distribution logic, thresholds and fees, and may change them.
- Liquidity risk. Custom-pair pools may be thinner than SOL pools, increasing price impact.
- Smart-contract and bridge risk. Software and cross-chain infrastructure can fail or be exploited.
- Regulatory risk. Rules differ by jurisdiction. Participants are responsible for their own compliance.
- Independence. SUIDRIP is an independent community project and is not affiliated with Sui, Mysten Labs, the Sui Foundation, Wormhole Labs or Pump.fun.
This document is informational. It is not an offer, a solicitation, or financial, legal or tax advice. Digital assets are highly volatile. Only commit funds you can afford to lose.
10. Sources
- Pump.fun fee schedule (Holder Rewards, Custom Pair fees, platform fee)
- Pump.fun supported pair assets
- SUI pair asset on Solscan