PumpSwap’s Explosive Growth Looks to Challenge Raydium in Solana DEX Wars
Pumpswap, the newly launched dex by Pump.fun, has quickly made its mark on the Solana blockchain, recording an all-time high daily trading volume of $488.74 million on Tuesday, March 25. Over the past seven days, trading volume has reached $1.55 billion, signaling strong adoption from new and returning users.
According to data from Dune Analytics, the platform also achieved record engagement, with 220,206 active wallets in a single day and generating $1.46 million in fees. Of that, $292,216 came in protocol fees, pushing total lifetime protocol revenue to $3.09 million.
Despite these milestones, Pumpswap’s market share stood at 19.9%, while Raydium continued to dominate at 45.5%. This underscores the challenge ahead for Pumpswap as it looks to gain ground in the sector.
With its rapid growth and aggressive fee capture, Pumpswap is positioning itself as a strong competitor in Solana’s DeFi ecosystem. Whether it can dethrone Raydium remains to be seen, but its early performance suggests it is a contender to watch.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
