Pumpswap Achieves $488 Million in Daily Trading Volume, Targets Strong Market Growth
Pumpswap, a new decentralized exchange (DEX) from Pump.fun, has hit a record daily trading volume of $488 million and a weekly volume of $1.55 billion.
Despite this explosive growth, Pumpswap still trails Raydium, which holds 45.5% of the market share, while Pumpswap has 19.9%. The platform also saw impressive user engagement, with over 220,000 active wallets and $1.46 million in fees, including $292,000 in protocol fees.
As it continues to scale, Pumpswap is becoming a strong challenger in Solana’s DEX ecosystem.
Clever Robot News Desk 28th March 2025
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