PumpSwap Becomes Solana’s Second-Largest DEX With $2,5 Billion in Weekly Volume
- PumpSwap becomes the second largest DEX on Solana.
- US$2,5 billion traded in one week.
- Active base exceeds 200 thousand users per day.
PumpSwap, a cryptocurrency exchange developed by Pump.fun on the Solana blockchain, reached a trading volume of US$2,5 billion last week — a 40% jump compared to the previous week. With this performance, the platform consolidates itself as the second largest DEX on Solana, behind only Raydium.
The rapid growth has been accompanied by an active user base of over 200 daily users, propelling PumpSwap to the top of the most used platforms in the Solana ecosystem. The growing popularity is linked to factors such as extremely low transaction fees, ease of token creation, and a simplified interface, which benefit both traders and project creators.
#PumpDotfun 's decentralized exchange, #PumpSwap , has experienced a significant surge in trading volume, reaching $2.5 billion last week, a 40% increase from the previous week. pic.twitter.com/GdA7zimYCL
— Christiaan (@ChristiaanDefi) April 20, 2025
PumpSwap’s participation in Solana’s DeFi market is notable for the rapid pace at which the platform has gained traction. Analysts note that in addition to the significant volumes, there is an expectation that new features, such as a community revenue sharing model, could be introduced soon, further increasing the platform’s appeal.
Solana, known for its scalability and speed, has proven to be a fertile ground for solutions like PumpSwap, which are reshaping the dynamics of decentralized trading on the network. The continued growth trend strengthens the platform’s position as a key liquidity point in the ecosystem.
With PumpSwap now ranking second in volume among Solana DEXs, competition in the space is intensifying, paving the way for innovation and competition for users and liquidity within the network.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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