PumpSwap's daily trading volume surpasses $450 million, capturing 19.2% of the Solana ecosystem share.

BlockBeats News, March 25th, according to Dune Analytics data, the Solana-based DEX PumpSwap, supported by Pump.fun, reported a trading volume of $4.5489 billion in the past 24 hours, with a volume of over $10.45 billion in the first 6 days since launch. Currently, PumpSwap has captured 19.2% of the total on-chain DEX volume on Solana, second only to Raydium's 60.7%, surpassing Meteora's 6%.

PumpSwap's daily active addresses have exceeded 243,000, with a total user base of 385,200, generating approximately $1.064 million in daily transaction fee revenue.

BlockBeats previously reported that Pump.fun is vying for a larger share of the Solana DeFi economy. It has launched PumpSwap, a token exchange service based on protocol liquidity pools, directly competing with automated market makers (AMMs) that provide on-chain token trading in the Solana ecosystem. Pump.fun will directly provide launch liquidity for promising tokens on PumpSwap.