Odin.fun has been launched as Bitcoin's first meme coin launchpad, aiming to compete with Pump.fun and attract a similar audience. Pump.fun has dominated the meme coin trading space on Solana with billions in volume. Despite Bitcoin's lack of smart contracts, Odin.fun enables meme coin creation and trading on the network. The launch follows the success of Pump.fun on Solana, which generated $106 million in revenue in November and has seen total revenue approaching $400 million. Odin.fun implements a bonding curve pricing model and introduces session keys to streamline the trading experience. This move signals Bitcoin's entry into the meme coin trading space, which has been dominated by Solana and Ethereum.
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