THE INDEPENDENT GUIDE
Terminal,
explained properly.
Terminal is pump.fun's multi-chain trading terminal for memecoins. It was called Padre until pump.fun bought it in October 2025 and renamed it, which is why your app changed its name and nothing else did. We document what the live app actually does: the flat 1% fee, the slippage default that costs small traders money, how the non-custodial wallets work, and where the official documentation went. One thing you only get once: sign up through a referral link and your cashback is 35% instead of 10%.
Independent. Not affiliated with pump.fun. We earn a referral commission and say so on every page. Nothing here is financial advice.
1%
Flat trading fee
35%
Cashback via referral
5
Chains live in the app
0
Volume tiers
What is Terminal?
Terminal is a browser-based trading terminal for memecoins, owned by pump.fun. It began life as Padre, an independent multi-chain terminal, and pump.fun acquired it on 24 October 2025 and renamed it. Nothing was rebuilt. As of 6 August 2026, terminal.pump.fun and trade.padre.gg serve the same JavaScript bundle down to the filename, which is the clearest proof available that they are one application behind two addresses. Our Padre to Terminal explainer covers the rename in full.
The app charges a flat 1% trading fee, read straight from the production bundle, and there are no volume tiers. No discount table exists in the code or in any version of the documentation, so a $50 trade pays the same rate as a $50,000 one. On pump.fun bonding-curve tokens, pump.fun's own 1.25% fee applies on top, which is the part most fee comparisons leave out. We work a full round trip in the fees guide.
Wallets are non-custodial. Keys are generated and held through Turnkey, the key infrastructure built by Coinbase's custody team, and encrypted with a password Terminal never stores. There is no seed phrase, only a private key per wallet, and there is no password reset flow at all. That combination surprises people, so we wrote it up in custody and private keys. The live chain selector covers Solana, Ethereum, Base, BNB Chain and Robinhood Chain, which is one more than the marketing copy claims. For the full product surface, order types included, read what Terminal is.
DECIDED ONCE, AT SIGNUP
35% cashback instead of 10%
The 1% fee is the same for everyone. What a referral link changes is how much of it comes back to you. Sign up directly and Terminal pays 10% cashback on the fees you generate. Sign up through a referral link and the rate is 35%. It is paid in SOL, it accrues on every trade, and you claim it yourself from the Rewards page.
The rate is bound to your account the moment you sign up and cannot be changed later. There is no code to enter afterward and no support ticket that fixes it. That is the whole argument for using a link, and it is the only reason this page pushes one. How the referral works has the mechanics.
Open Terminal with 35% CashbackSourcing: the 35% referred rate is confirmed in live in-app copy. The 10% default is from archived Padre documentation captured in early 2026 and we have not been able to re-verify it in the current app, so treat the floor as unconfirmed. We earn 35% of the fees generated by people who sign up through our link, which is why the link is here.
SEVEN CLUSTERS
Explore our guides
Getting Started
Create a Terminal wallet, fund it, and place your first trade. Self-custody from the first click, no exchange account.
Explore Guides →
Trading Features
Sniping, limit orders, multi-wallet execution, copy trading, and the presets that decide whether a fill lands.
Fees & Referral Math
What Terminal charges, how priority fees and Jito tips stack on top, and what the referral code actually changes.
Terminal Comparisons
Cited, data-driven comparisons of Terminal against Axiom, Photon, BullX, GMGN, and every major trading terminal.
PUMP Token & Ecosystem
The PUMP token, the buyback and burn, the airdrop that never came, and how Terminal fits the wider pump.fun stack.
Security & Safety
The non-custodial key model, seed phrase handling, lookalike domains, and the scams that target memecoin traders.
Troubleshooting
Fix failed transactions, slippage, stuck deposits, wallet imports, and the Padre-to-Terminal migration confusion.
NEW TO TERMINAL
Start here, in this order
Four steps, and the order matters. Two of them are things you cannot undo later: your cashback rate is fixed at signup, and a wallet whose key you never exported is gone if you forget the password.
If you would rather have the whole thing in one sitting, the first trade walkthrough runs from signup to a filled order, and deposits and withdrawals covers getting money back out again.
Open Terminal with 35% CashbackWork out what you are actually signing up for
Terminal is Padre under a new name, and the confusion around that is the reason half the search results look alarming. Start with Terminal, formerly Padre, then read what Terminal is if you want the full product surface.
Understand the wallet before you fund it
Terminal generates non-custodial wallets through Turnkey and gives you a private key per wallet, not a seed phrase. There is no password reset, so exporting keys is not optional. Custody and private keys covers what that means in practice.
Fix the slippage default before your first buy
The normal UI starts you at 20% slippage. Traders on small sizes have watched money vanish into it and assumed the app was broken. The 20% slippage trap explains what to change and why setting it too low fails differently.
Sign up through a referral link, then trade
Cashback is set at signup and never again, so this is the one step you cannot redo. Then work through your first trade and the Trenches feed.
THE SHORT VERSION
Terminal at a glance
| What it is | Multi-chain memecoin trading terminal |
|---|---|
| Formerly | Padre, renamed after the 24 October 2025 acquisition |
| Owner | Pump.fun (Baton Corporation Ltd, England & Wales) |
| Chains | Solana, Ethereum, Base, BNB Chain, Robinhood Chain |
| Trading fee | 1% flat |
| Volume tiers | None. No discount table exists in the app |
| Cashback | 10% by default, 35% if you sign up through a referral link |
| Custody | Non-custodial, keys held through Turnkey, no seed phrase |
| Mobile | Progressive web app only, no native iOS or Android build |
| Public API | None. Every "Terminal API" you find is third party |
| Support | Discord ticket only |
Fees, chains and product facts were read from Terminal's production JavaScript bundle on 6 August 2026, plus pump.fun's own published fee page. Where the archived Padre documentation disagrees with the shipped code, we go with the code and say so.
START READING
Popular guides
Terminal, Formerly Padre: What Actually Changed
Padre became Terminal in October 2025. Same code, same wallets, four live domains, no new account. The reconciliation article.
Why Small Trades Lose Money on Terminal
The app ships with 20% slippage by default. On small memecoin orders that eats your balance with no error to explain it. What to set instead.
Is Terminal Custodial? Private Keys, Export and Import
Why the app asks for a private key, why there is no seed phrase, and what actually happens if you forget your password.
Terminal Fees Explained: What You Pay Per Trade
Terminal takes 1%. Pump.fun's bonding curve takes another 1.25% on top. Nobody says they stack. A round trip, worked out.
Terminal vs Axiom: Fees, Speed and Chains
The only comparison with real search demand, using published fee tables rather than marketing claims from either side.
How to Trade on Terminal: Your First Trade
Signup, key export, funding the wallet, fixing slippage before you buy, and what the trade really costs.
Terminal Trenches Guide: Filters, Alerts and Safety Signals
The three columns of Terminal's new-token feed, every saved filter, and how to read the bundle and insider warnings.
PUMP Token: The $370M Burn Came Instead of the Airdrop
Promised July 2025, still undelivered a year later. The ICO, the burn, the insider unlock, and what it means for Terminal users.
LIVE DATA
Market pages for the assets Terminal trades
Terminal spans five chains and dozens of venues, from pump.fun and PumpSwap on Solana to Uniswap and Aerodrome on the EVM side. Our markets section tracks prices for the assets you will be quoting against, with a chart on every page.
Browse Markets →HONEST CAVEATS
Who Terminal is not for
We make money when people sign up, so it is worth being blunt about who should not. These are the things we would want to know before creating an account.
- ⚠You want a phone app. Terminal is a progressive web app you install from the browser, and there is no native iOS or Android build. Mobile sign-in is a QR code scanned from desktop.
- ⚠You want to build on an API. There is no public or developer API, no keys, and no webhooks. Every service marketing itself as a “pump.fun API” is a third party with no affiliation.
- ⚠You want a recovery path. There is no forgot-password flow. Your keys are encrypted with a password Terminal does not hold, so losing it means losing the wallets unless you exported the keys first.
- ⚠You want responsive support. Help is a Discord ticket. The public announcement channel went silent in October 2025 and the documentation site now redirects to a login wall, so there is no status page to check when something breaks.
- ⚠Raw execution speed is your only criterion. In user reports comparing the two, Terminal draws consistent criticism for filling slower than Axiom, and a few traders say they do not trust its PnL numbers. We cover that in Terminal vs Axiom, and our sister site Axiompedia covers the other side of that comparison.
Worth weighing against all that: the custody model is genuinely good, the Trenches feed is the strongest discovery surface in this category, and the order types go well beyond market buys. Also read our take on the safety scanners that rate padre.gg and trade.padre.gg differently despite being the same company.
Get 35% Cashback Instead of 10%
Terminal pays cashback on your trading fees, in SOL, on every trade. Sign up directly and the rate is 10%. Sign up through a referral link and it is boosted to 35%.
Open Terminal with 35% CashbackJUST ADDED
Recently Published
How to Trade on Terminal (Formerly Padre): Your First Trade
A step-by-step guide to your first trade on Terminal, the pump.fun trading app formerly Padre: signup, key export, funding, slippage, and the real costs.
Terminal, Formerly Padre: What Actually Changed (2026)
Padre became Terminal after pump.fun acquired it in October 2025. Same app, same wallets, four working domains, no new account. Here is exactly what changed and what did not.
Terminal (Formerly Padre) Wallets: Deposits, Withdrawals, Stuck Funds
How to fund Terminal wallets and get your money back out: in-app vs imported wallets, the no-SOL-for-gas trap, the 0.01 SOL withdrawal minimum, and fixes.
Terminal Order Types and Exit Strategies, Explained (2026)
Every order type in pump.fun's Terminal, pulled from the live app: market, stop, take profit, dip, trailing, dev sell, DCA, creation. Plus why TWAP is a myth.
ONE DECISION YOU CANNOT REDO
Set your cashback rate before you trade
Terminal charges everyone the same 1%. The only variable is how much of it comes back, and that is decided by whether a referral code was stored in your browser when you signed up. Ours pushes it from 10% to 35%, paid in SOL on every trade.