Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Streaming on Pump.fun vs Twitch: Which Is More Profitable?

Streaming on Pump.fun vs Twitch: Which Is More Profitable?

BlockBeats2025/09/16 03:16
By: BlockBeats
CORE-0.53%
Pump has provided small creators with an income opportunity that only the top 1% of Twitch creators used to have access to.
Original Author: Kunal Doshi, Blockworks Research
Original Translation: DeepTech TechFlow


Lately, there has been a lot of discussion about the CCM (DeepTech Note: Creator Capital Market, related to the creator economy), so I crunched some numbers on creator income comparing @pumpdotfun to @Twitch. Pump is not just competing with Twitch; it is also capturing Twitch's market share.


Creator Income


Creators on Twitch earn money through subscriptions and ads. Subscription fees are $4.99, $9.99, or $24.99 per month, with creators and Twitch each taking 50%. Ads pay an average of $3.50 per thousand views, with creators receiving 50% to 70% of ad revenue. In reality, this means small streamers can earn only a few hundred dollars per month, mid-tier streamers can earn between $5,000 and $30,000, and top streamers can earn over $100,000 per month.


Streaming on Pump.fun vs Twitch: Which Is More Profitable? image 0


Pump has completely disrupted this model. Creators no longer earn commissions through subscriptions and ads; instead, they earn transaction fees through their tokens. In the early stages (market cap $88,000 to $300,000), the fee per transaction is around 0.95%, and as the market cap exceeds $20 million, the fee gradually decreases to 0.05%.


Just yesterday, 9,000 wallets claimed $2.8 million in creator fees. This means an average of around $300 in earnings per creator per day, leading to approximately $9,000 in monthly earnings if sustained.


Streaming on Pump.fun vs Twitch: Which Is More Profitable? image 1


Looking at the top 10 creator coins on Pump's homepage, most have already generated significant daily returns. On Twitch, achieving a six-figure income requires 10,000+ concurrent viewers. In contrast, on Pump, creators can achieve similar income levels through a smaller community scale.


Streaming on Pump.fun vs Twitch: Which Is More Profitable? image 2


Market Valuation


From a valuation standpoint, @Twitch was valued at $45 billion in October 2024, with annual revenue of $18 billion, resulting in a valuation multiple of 25x. According to @pumpdotfun's August data, its valuation multiple is close to 14x.


More importantly, the incentive mechanism is key. Early creators on Pump can receive up to 80% of the fees, and as they grow, the platform gradually increases the revenue share. This is precisely the shortcoming of Twitch and is why Pump appears so disruptive.


Core Competitiveness


Pump provides small creators with an income opportunity that only the top 1% of Twitch creators could previously enjoy. If even a portion of Twitch's creator base were to migrate to Pump, the entire streaming economy could be fundamentally reshaped. And it's not just Twitch; creators from TikTok and YouTube could also be part of this migration, making the future growth potential immense.


Streaming on Pump.fun vs Twitch: Which Is More Profitable? image 3


Sustainable Flywheel


The biggest issue lies in sustainability. Pump's development depends on how creators use the fees they earn. If they reinvest the income into their own tokens or better content, they can drive a flywheel effect.


We also need to see more live viewers to attract top-tier streamers. Currently, it feels more like a speculative endeavor rather than genuine content consumption, but this is a hopeful beginning. Kudos to Pump!


Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

How to achieve 220x returns with a market-making bot on Hyperliquid?

For every $1,000 traded, a rebate of $0.03 is earned. It is precisely this seemingly small rebate that enabled the trader to grow from $6,800 to $1.5 million.

BlockBeats2025/09/17 16:18
CRP-1 Arrives: A Comprehensive Analysis of Hong Kong's New Crypto Asset Regulations, Reshaping the Crypto Landscape

The Hong Kong Monetary Authority has released a consultation paper, CRP-1 "Crypto Asset Classification," aiming to establish a regulatory framework that balances innovation and risk control. The paper clarifies the definition and classification of crypto assets, as well as regulatory requirements for financial institutions, aligning with international standards set by the BCBS. Summary generated by Mars AI. The accuracy and completeness of this summary, generated by the Mars AI model, are still in the process of iterative improvement.

MarsBit2025/09/17 16:00

Trending news

More
1
Tether launches US-compliant stablecoin USAT to compete with Circle?
2
How to achieve 220x returns with a market-making bot on Hyperliquid?

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,704.02
-0.20%
Ethereum
Ethereum
ETH
$4,490.67
+0.61%
XRP
XRP
XRP
$3.02
-0.64%
Tether USDt
Tether USDt
USDT
$1
-0.00%
BNB
BNB
BNB
$950.77
+1.66%
Solana
Solana
SOL
$234.6
-1.50%
USDC
USDC
USDC
$0.9998
-0.04%
Dogecoin
Dogecoin
DOGE
$0.2665
+0.47%
TRON
TRON
TRX
$0.3404
-0.25%
Cardano
Cardano
ADA
$0.8703
+0.09%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter