PumpSwap tops Solana DEXs with $878 million daily volume

Photo - PumpSwap tops Solana DEXs with $878 million daily volume
PumpSwap reached $878 million in daily trading volume, overtaking Meteora and Raydium to become the top decentralized exchange on Solana by 24-hour volume.
The trading platform tied to Pump.fun recorded one of its highest single-day volumes. Analytics dashboards showed PumpSwap's daily volume at around $780 million as of publication, compared to $590 million for Meteora and $390 million for Raydium.

Recent data shows PumpSwap with roughly $9.8 billion in 30-day rolling volume and more than $3.2 billion over the past week. Meteora and Raydium also posted heavy trading sessions.
The platform launched in March 2025 as the native DEX for Pump.fun, integrating token listing and trading functions. PumpSwap's design routes liquidity from Pump.fun token launches directly into its own pools, consolidating activity that previously spread across other venues.

Within its first week after launch, on-chain dashboards recorded more than $1 billion in cumulative volume for PumpSwap and daily fees above $1 million. Activity in memecoin pairs helped expand the platform's presence through the second and third quarters.

PumpSwap’s launch removed the old 6 SOL migration fee for Pump.fun graduates and introduced a 0.25% swap fee (0.20% to LPs, 0.05% to the protocol). In May, PumpSwap added a 0.05% creator share, effectively lifting total fees to 0.30%. Updated docs list a fixed 0.015 SOL graduation cost deducted from liquidity.

The ranking reflects a months-long shift in Solana DEX flows driven by heavy trading in newly issued tokens. Raydium historically dominated Solana DEX traffic but has seen its market share decline in recent quarters. Meteora gained ground with concentrated liquidity designs and occasionally topped daily leaderboards.

Daily rankings in Solana's DEX ecosystem have shown high volatility as token launches, incentives, and trader attention rotate across different venues.