By launching on Ethereum, GraFun seeks to attract new users to its memecoin platform.

GraFun, a platform for launching memecoins, is expanding its reach by launching on Ethereum, according to the project’s developers. This move, announced on Wednesday, aims to tap into Ethereum’s vast user base, increase liquidity for meme coin launches, and raise the platform’s profile among a larger audience of crypto traders.

What makes GraFun unique is its “Fair Curve” model, designed to prevent rug pulls, limit price manipulation, and ensure a fairer distribution of tokens during launches. This approach aims to minimize the risk of financial losses for users. Floki, a major player in the memecoin market, owns over 40% of GraFun, with additional support from DWF Labs.

Since its debut just 1.5 months ago, GraFun has facilitated the launch of over 13,600 memecoins, with a total trading volume exceeding $430 million. Despite initially operating solely on BNB Chain, GraFun has already become one of the top-performing memecoin launchpads across all EVM-compatible chains.

Expanding to Ethereum is expected to allow GraFun to capture fresh audiences, gain access to higher liquidity, and increase its visibility in the competitive crypto space.

Similar “Fair Curve” platforms include Pump on Solana, which pioneered the model, and Tron’s Sun Pump. Pump.fun has generated over $150 million in fees in just the past six months and is projected to earn $400 million annually. Meanwhile, SunPump has earned $5.4 million in fees since its August launch.