In just over seven months since its launch by the Tensor team, Vector.fun has captured significant attention in the world of memecoin trading.
Despite its relatively short lifespan, the platform’s performance has been nothing short of remarkable, setting new records and redefining what rapid growth looks like in the crypto space.
In this article, we take a deep dive into Vector.fun's onchain data to explore the growth and developments they have achieved over the past seven months!
User Base Growth and Activity
Based on Flipside data, Vector.fun has been utilized by 26,800 unique wallets. At its peak, the number of active users in a single week reached 13,052, with 4,823 new users joining during one week.
However, there has been a recent decline in new user proportions—from 65% in late December to 13% last week.
User Behavior Breakdown
When analyzing users by trading volume:
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30% of traders have engaged in amounts between $100 and $1,000.
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28.5% have executed trades under $100.
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Approximately 10% of users have traded between $10,000 and $50,000.
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A smaller group of 3.5% has conducted trades exceeding $1 million.
Additionally, the platform shows robust retention rates:
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55% of new users remain active for at least two consecutive weeks.
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48% maintain activity for three consecutive weeks.
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Over 45% of new users continue to be active for a full month.
Revenue Analysis
Vector.fun applies a 1% fee, generating approximately $5.2 million in revenue to date.
In the past 30 days, the platform achieved $2 million, which accounts for nearly 38.7% of its total earnings. Notably, the week of January 20th marked the highest weekly profit at $1.3 million.
Trading Volume Overview
Since its inception, Vector.fun has recorded a total trading volume of over $521 million through 4 million transactions.
In the third week of January, the swap volume reached over $131 million, marking an 810% increase compared to the final week of December 2024. This significant uptick reflects increased user engagement and platform activity.
Monthly Performance and Trading Patterns
January saw an all-time high (ATH) with a trading volume of $342 million, representing a 490% growth compared to the previous month. While February’s trading volume currently stands at $107 million, early trends suggest it may not surpass January’s record. 
The data also reveals that:
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Over 81% of trades are under $100, aligning with the platform’s focus on memecoin trading where users typically pursue high-reward opportunities with limited risk.
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16.5% of trades range between $100 and $1,000.
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Only 1.8% of trades involve amounts between $1,000 and $5,000.
Analysis of Trading Pairs
Over the past 30 days, trading pairs have shown varied levels of activity:
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JAILSTOOL-SOL led with a trading volume exceeding $6.34 million.
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VINE-SOL followed with approximately $4 million.
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JELLYJELLY-SOL recorded around $3.7 million in trades.
Looking Ahead: What’s Your Perspective?
With memecoin activity on the decline, it's important to consider how platforms like Vector.fun will respond. Recent trends show a drop in both new users and trading volume—not only on Vector.fun, but also on platforms like Pump.fun and other trading terminals.
What do you think? Will Vector.fun innovate its way through these challenges, or is Pump.fun's model better suited to weather the slowdown?
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