2025-04-21
Pump.Fun’s decentralized exchange (DEX)
called PumpSwap handled $2.5 billion in trades during the week of April 6–12, a
40% jump from the previous week.
It had previously processed $1.8
billion in trades from March 30 to April 5.
PumpSwap launched on March 19 as a
platform for trading memecoins. In its first week, it already hit $1 billion in
trading volume.
Since then, it has processed nearly $100
million in trades.
Trading activity on PumpSwap keeps
growing.
On April 12, it had a record 6.1
million trades in a day, and on April 14, it saw 5.7 million swaps. It also hit
a new high in daily active wallets on April 14, with 264,500 users — 163,000
returning and 101,000 new.
The platform broke its daily trading
volume record on April 15, reaching $417.8 million. The previous record was $412.7
million the day before.
PumpSwap’s revenue is growing too.
On April 14, it made over $1.05 million
in fees in a single day. Of that, $840,000 went to liquidity providers, and $210,000
went to the platform itself. Overall, the DEX has generated $14.2 million in
fees, with $3.56 million going to the protocol.
Pump.Fun is also making traders rich.
So far, 506 wallets have made over $1 million, and over 9,000 wallets have made
more than $100,000. The top wallet has realized gains nearly $40.6 million in the past
month alone.