PumpSwap's daily trading volume has exceeded $450 million, accounting for 19.2% of Solana's ecosystem share

BlockBeats News: On March 25th, according to Dune Panel data, the trading volume of DEX PumpSwap on Solana Chain supported by Pump.fun was $454.89 million in the past 24 hours, with a trading volume of over $1.045 billion on the 6th day of its launch. Currently, PumpSwap accounts for 19.2% of the total DEX trading volume on the Solana chain, second only to Raydium's 60.7% and surpassing Meteora's 6%. PumpSwap has surpassed 243000 daily active addresses and a total of 385200 users, generating approximately $1.064 million in daily transaction fee income. BlockBeats previously reported that Pump.fun is competing for a larger share of the Solana on chain DeFi economy. We have launched PumpSwap, a token exchange service based on protocol liquidity pools, to directly compete with automated market makers (AMMs) in the Solana ecosystem that specialize in providing on chain token trading. Pump.fun will directly provide startup liquidity for potential tokens on PumpSwap.