A new Solana memecoin has hard-coded its entire creator fee stream to a single wallet, permanently. The token is $KIMCHI, launched on Pump.fun, and the address receiving those fees cannot be changed.
Pump.fun’s own profile page labels that address “Kimchi.” That name belongs to 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 goes by 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 scooped up about 79.3% of the one billion token supply.
The cost was 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.
Then came the rally. 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. Its estimated profit came to 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.
Watch the Kimchi-labeled address closely. Its 750 million tokens and its permanent claim on creator fees make it the single most important wallet in the $KIMCHI economy.
Also watch whether the token graduates to a PumpSwap pool and which fee tier it lands in. That will determine how much the fixed recipient collects as trading continues.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.