Odin.Fun Wants to Replicate Pump.Fun for Bitcoin Runes

The creators of Ordinals marketplace Bioniq have unveiled Odin.fun, a Runes marketplace and launchpad inspired by Solana sensation Pump.fun.

Bioniq co-founder and CEO Bob Bodily revealed that Odin.fun, which will launch on Feb. 3, has two parts. First, it’s an automated market maker (AMM) where purchases and sales can be made in Bitcoin.

Second, “Odin Fun is a Runes pump fun,” he said, promising the “speed of Solana with the experience of Bitcoin.”

Essentially, it is a Layer 2 on top of the Bitcoin blockchain, he said. “Buy, sell, create, swap, add/remove liquidity. 20second finality.”

There are no additional tokens required to use Odin.fun, and it connects directly to existing Bitcoin wallets.

Odin.fun operates on a bonding curve, so tokens will not be etched as runes until they meet the bonding threshold of 1 BTC.

Pump.Fun Revenue Approaches $500 million

Fueled by the memecoin craze, Pump.fun is set to clock $500 million in lifetime revenue.

While Jan. 24 set a record with revenues of nearly $16 million, Pump.fun’s revenue was at least $3 million every day in January.

The site saw a burst of activity in the days leading up to President Donald Trump’s inauguration, with a wave of Trump-themed memecoins pushing weekly volume to $3.3 billion on Jan. 20, according to Dune Analytics.