What Is Terminal? Pump.fun's Trading Terminal (Formerly Padre)

Terminal is the trading app pump.fun bought rather than built. It runs on five chains, charges a flat 1% on every fill, and is aimed at people trading tokens where a ten second delay is the difference between a good entry and a bad one. If you knew it as Padre, this is the same software under a new name.

The name is the problem. "Terminal" is generic enough that a search for it surfaces a Bloomberg product, a dead developer tool from 2019, and the thing your Mac opens when you press Command+Space and type four letters. This page is about terminal.pump.fun, the memecoin trading interface, and nothing else.

What Terminal actually is

Strip away the branding and Terminal is three things stacked on top of each other. There is a discovery layer that shows you tokens as they are created and as they bond. There is an execution layer with an order engine that goes considerably further than market buys. And underneath both, there is a wallet system that generates and holds keys on your behalf without the company being able to touch them.

You sign in socially, through Telegram, Google or X. Terminal generates trading wallets for you, or you import existing ones by pasting a private key. Then you trade from those wallets inside the app, without a browser extension and without approving each transaction in a separate popup. That last part is the whole point of a terminal: the approval friction is gone, so the click-to-fill time collapses.

The tradeoff for that speed is that the app has to be able to sign for you, which is the source of nearly every worried Reddit post about Terminal. The wallets and custody page has the mechanics.

Where it came from

Pump.fun has bought three trading and analytics products, all on undisclosed terms.

Terminal is the Padre codebase, built by the Padre team, with the Vyper team merged in during early 2026. Nothing was rewritten. As of August 2026, terminal.pump.fun and trade.padre.gg serve a byte-identical JavaScript bundle, which is about as strong as evidence gets that they are one application behind two addresses. The full story of the rename, including the four live domains and the PADRE token that got switched off, is on Terminal, formerly Padre.

Two claims the internet repeats, both wrong. Kolscan does not power Terminal's wallet tracking; the string "kolscan" appears zero times in the production code, and the tracker is Padre's own with Cielo Finance integrated. And the 90% Vyper migration cashback has expired; it was a first-month incentive after the February 2026 merger, and live in-app copy tops out at 35%.

Who it is for

Terminal is built for a fairly narrow trader, and it is worth being blunt about who that is.

It suits you if you trade newly launched tokens, want to watch bonding curve activity as it happens, run several wallets at once, and care about order types beyond buy and sell. The type scale tells you everything about the intended user: body text is 12 to 13 pixels, rows are 24 pixels tall, and there is no light mode at all. It fits as much data on one screen as physically possible.

It does not suit you if you are buying a major asset and holding it, if you want a phone-first experience, or if you want to automate a trading account. There is no API, and mobile is a web app.

The five chains

Terminal's marketing says four chains. Its own chain selector says five. The extra one is Robinhood Chain, and it is not a stub.

Robinhood Chain is genuinely undocumented. It appears in no marketing copy and no archived version of the docs, and the only outside corroboration is press coverage from July 2026. Robinhood itself has publicly denied involvement in the pump.fun integration, which is a strange sentence to write about a chain named Robinhood. Arbitrum and two testnets also sit in the code with full token maps but are excluded from the selector, so treat those as groundwork.

The product surface

Trenches

Trenches is the surface Terminal is actually built around, and it carries more than 400 references in the production bundle. It is a bonding curve monitor in three columns: New, Almost Bonded, and Recently Bonded.

What makes it useful is the filtering. You can save filter sets on market cap, volume, top-10 holder concentration, insider holding percentage, bonding progress, dev holding and token age, then flip between them. Roughly 19 card metrics can be toggled on or off. There are custom sound alerts with names like CORK, KACHING and YEAH BOY, which tells you what kind of trader wrote the spec. And there is a dev blacklist that holds up to 200 addresses, which is the single most practical feature in the whole app if you have been burned by the same serial launcher twice.

Discovery elsewhere

Trending is the ranked market view. Beyond that there is a Watchlist, Price Alerts, an Alpha Tracker that ingests callouts from Discord, Telegram, X and pump.fun, an X Feed, Pump News and LuckySpins. Everything after Watchlist is live in the app and documented nowhere.

Order types, the real list

Review sites tend to guess at this. Here is the actual enum shipped in Terminal's code, with the labels the interface puts on them.

DCA orders, dev sell triggers and launch buys are all live and completely undocumented. Take profits and stop losses are position-based, meaning they size as a percentage of your live position and rescale themselves as it changes, which the docs describe as a Terminal-only capability.

Exit strategies, Sell Initials, and the migration sniper

Exit Strategies let you attach up to five independent take-profit or stop-loss conditions to a single buy order. They execute as market sells. You cannot edit them after you confirm the order, which is a real limitation and worth knowing before you commit to a ladder you might want to move.

Sell Initials is a one-click sell of exactly enough to recover your original stake. Solana only, and it requires you to be in profit.

The Raydium Migration Sniper lets you pre-set a buy or a sell that fires the moment a pump.fun token migrates. Fills land in a dedicated Snipes tab.

Inferno Mode and presets

Inferno Mode is Terminal's fastest execution path and it is Solana-only. It broadcasts the same transaction simultaneously to bloXroute, NextBlock, Temporal and Jito, and a custom on-chain program finalizes whichever lands first and discards the others, so you pay a tip only on the winner. None of it is user-adjustable. The tip default in Inferno is 0.012 SOL, against 0.0001 to 0.001 SOL in the normal modes.

The presets are where the archived documentation and the live app openly disagree. Docs describe P1, P2 and P3 plus Inferno. The app ships Normal, Fast and Ultra plus Inferno. Trust the app.

Wallets, groups and tracking

Terminal generates per-wallet private keys, not a mnemonic. There is no seed phrase anywhere in the product, which is why so many people search for one and find nothing.

You can organize wallets into groups with emoji names, get real-time Telegram notifications when a group buys, bulk import wallets from a CSV, and set separate withdrawal destinations. There is a /tracker page for following other people's wallets, and tracked wallet movements get plotted directly on the candles of the chart you are looking at, which is the nicest small touch in the app.

Charts, portfolio and safety signals

Charts are TradingView with resolutions from one second up, and order lines you can drag. Around the chart sit Trades History, Open Orders, Order History, Liquidity events with ranked LPs, a Holders panel with ENS resolution plus vesting, LP and burn icons, and Price Trends. Portfolio covers open positions, closed positions and PnL.

On safety, Terminal surfaces bundle analysis, dev holding percentage, insider holding percentage, dev funding source, fresh-wallet buys, bot transaction detection, Dex paid and boosted status, liquidity lock, a freeze-authority warning and token tax. EVM tokens get honeypot.is. And there is EVA Audit, an AI contract checker that only runs on Ethereum and Base.

One caveat on PnL: several users have publicly said they do not trust Terminal's numbers, a criticism that surfaced in YouTube comments in January 2026 and was echoed by two others. Not a proven bug, but reconcile against your own records before treating the portfolio figure as final.

Custody: your keys, on Turnkey

Terminal is non-custodial. Keys sit in an air-gapped setup on Turnkey, the key infrastructure built by Coinbase's custody team, which is independently confirmed by the site's own content security policy allowing export.turnkey.com and import.turnkey.com. Your private keys are encrypted with a password the platform never stores. Padre's own wording was blunt: "Padre never stores or has access to your password. Your assets stay safe, even from us."

Two consequences follow from that, and both bite people.

There is no password recovery flow. Not a hard one, none at all. No forgot-password route exists in the code. Because your keys are encrypted with that password, losing it means losing the wallets, which is why the official advice is to export your private keys and store them offline the day you sign up.

And the "2FA" in Padre-era marketing is not authenticator-app 2FA. It is the password encryption layer sitting over the Turnkey keys. Login itself is social, through Firebase.

If scanner sites have you worried, we went through the contradictory verdicts one by one in is padre.gg safe.

Mobile: a web app and nothing else

There is no native iOS app and no native Android app. Terminal ships a progressive web app: the manifest declares "short_name": "Terminal" and "display": "standalone", so you add it to your home screen and it runs without browser chrome. To sign in on a phone, you scan a QR code from a desktop session.

This trips people up because pump.fun does publish a native mobile app. That is the launchpad. It is not Terminal.

Fees and cashback

Terminal charges 1% per trade. The fee is feeBps: 100 in the code, applied as value × (1 + bps/10000). There are no volume tiers and no discount table exists anywhere in the app or in any version of the documentation. The volumeInUsd field that people mistake for a tier system drives rewards, not the fee rate.

What varies is cashback, which is paid in SOL and accrues per trade.

The rate is fixed by whether a referral code was stored in your browser when you first landed, so it is decided at signup and cannot be changed later. Sourcing note, because it matters: the 35% is confirmed in live in-app copy, while the 10% floor comes from archived documentation we have not re-verified in the current app. The referral page covers the claim mechanics, and the fees guide explains how Terminal's 1% stacks on top of pump.fun's separate 1.25% bonding curve fee.

What Terminal does not have

The web is full of confident claims about Terminal features that do not exist. Some come from AI-written review sites, some from people describing a competitor and getting the name wrong. Here is what we checked against the shipped code.

No TWAP orders. This one is repeated by at least one review site and it is flatly false. There are zero case-sensitive matches for "TWAP" in Terminal's production bundle, and no TWAP entry in the order enum. The 59 lowercase "twap" hits are all twapBoost, which is a pump.fun token metadata badge and has nothing to do with order execution.

No public API. No API keys, no webhooks, no developer documentation, ever. Every product sold as a "Pump.fun API" is a third party reading the chain on its own. Worth noting that padre terminal api and padre.gg api are live autocomplete suggestions, so real people are searching for something that has never existed.

No native mobile app. Covered above. Progressive web app only.

Copy trading is legacy, not a feature. The Automations documentation page was deleted. All that remains in the app is a vestigial isCopyTrade attribute used to tag orders. If copy trading is your reason for choosing a terminal, Terminal is not currently the answer.

Kolscan does not power the wallet tracker. Zero references in the bundle. Kolscan was a separate acquisition three months before Padre and still runs as its own product.

Jito is not a user-facing setting. It appears in the bundle only as one of four Inferno Mode destinations. The Tip field is generic, described as SOL paid directly to block builders.

Jeet Grid is gone. It was in the 2025 documentation. It is absent from the current navigation and the current code.

Things called Terminal that are not this

Because the name collides with almost everything, a quick sort.

Bloomberg Terminal is the institutional financial data workstation. No relationship to this product whatsoever.

Terminal, the 2019 Web3 developer tool. A Ganache-as-a-Service product, defunct for years, whose documentation still surfaces in search. If you have landed on a "Terminal docs" page discussing Infura or Ganache, you are on the wrong thing entirely.

pump.fun itself. Pump.fun is the launchpad: it is where tokens are created and where they bond. Terminal is a trading interface, and pump.fun's bonding curve is one of dozens of venues it routes through. Same company, different products, separate fees. You can trade Uniswap V4 pairs on Base through Terminal without ever seeing a pump.fun launch.

Padre. The same product before October 2025. Both padre.gg and terminal.pump.fun are official.

Is it any good?

I keep landing on the same split answer.

The parts I rate: the custody model beats the custodial Telegram bots this category grew out of, and Turnkey is a real vendor rather than a marketing word. Trenches with saved filters and a 200-address dev blacklist is the best bonding curve monitor I have used. The order engine goes deeper than the category norm, particularly position-sized take profits.

The parts I do not: execution speed draws consistent criticism against Axiom, and the numbers back the critics up. Axiom's fee generation grew 37% between January and April 2026 while pump.fun's fell 44%. Support is a Discord ticket behind an invite, the announcement channel has been dead since October 2025, and the documentation redirects to a signup form. For a product holding your keys, that support posture is thin.

If you are choosing between the two, Terminal vs Axiom uses cited numbers rather than either side's marketing. And if you are weighing whether to park funds in a wallet run by this particular company, the finances and the litigation are relevant, which is why we wrote up the PUMP token, the burn, and the airdrop that never came.

One last practical note. If you do sign up, do it through a referral link. 35% cashback against 10% is decided in the moment you first load the site, and there is no way to fix it afterward.