What is a pump.fun prop firm?
A prop firm, short for proprietary trading firm, lets traders use the firm's capital once they have shown they can follow its risk rules. You pay a fee for a challenge, trade an evaluation account, and if you reach the target without breaking a limit you get a funded account and a share of its profit. Forex traders have used this model for years. A pump.fun prop firm applies it to the memecoins that trade on pump.fun and in their PumpSwap pools.
How it works at Bonded Capital
You pick an account size and pay once, in SOL: Starter with 35 SOL for $59, Pro with 75 SOL for $119, and Elite with 200 SOL for $299 once the reserve covers it. The account is simulated, but every price is real. Each order fills at the coin's next real trade in its PumpSwap pool, with that pool's fee and the price impact of your size, so a fill costs what it would have cost on chain. How fills work has the details.
The challenge has two steps: +10 % to pass the challenge, then +5 % to pass the verification, each over at least 3 trading days. Along the way you stay inside the loss limits: 5 % in a day and 10 % in total. Pass both and you are funded: you keep 80 % of your counted profit, paid in SOL from a public reserve, up to 10 % of the account size a month.
Which coins you can trade
Only pump.fun coins that have graduated to their PumpSwap pool, with a market cap between $100K and $20M, at least 50 SOL in the pool, at least 40 wallets and an age of 10 minutes or more. Smaller coins can be moved by a single wallet or a callout, which would turn the challenge into a test of luck. Rule 3 lists every condition.
Where the payouts come from
Every challenge fee goes to one public Solana wallet, the reserve, together with a share of the creator fees of our coin. Nobody is funded until that reserve covers the full monthly payout of every funded account. Every transfer carries a memo that names it, so it can be checked on Solana.
The honest part
Most traders do not pass. The fee is the price of the test, and no profit is promised. What you get is a fair test: published rules, real prices, and payouts that do not depend on anyone's mood.