Arati Uday Kamat

Arati is an independent researcher in market microstructure and on-chain data measurement. Before her research career she spent 16 years in banking, in payments operations and credit, rising to Assistant General Manager. Her work includes Post-Rejection Follow-up Sampling (PRFS) and RED-2400, a public benchmark of rejected trading decisions. ORCID 0009-0000-4781-312X.

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What Auditing 832,941 Pump.fun Launches Taught Me About Memecoin “Success”
Arati Uday Kamat14 Oct 2026
In July I released a preprint that analysed 832,941 token launches on pump.fun and reported that only 0.198% of them "graduated" within 24 hours. The number travelled further than anything I have published: exchange blogs, news sites and social media posts repeated it, in many languages.