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PumpSwap Hits $426M Milestone, But Raydium Remains Solana’s Top DEX

  • PumpSwap, a decentralized exchange (DEX) on Solana, has achieved a record-breaking daily volume of $426 million and has gathered 243,000 users.
  • Despite its success, PumpSwap's market share of 14.5% remains significantly lower than Raydium's dominant 46.1%.
  • PumpSwap experienced exponential growth, with trading volume increasing 30,000x in just 10 days, and user adoption skyrocketing.
  • Raydium, Solana's leading DEX, has announced plans to compete with PumpSwap by developing a meme coin launcher, LaunchLab.

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