PumpSwap hits $1B volume in first week
Pump.fun’s DEX PumpSwap reaches $1B volume
Pump.fun’s newly launched decentralized exchange (DEX), PumpSwap, has achieved a major milestone by surpassing $1 billion in cumulative trading volume just one week after launch.
On March 24, the platform registered more than $1 million in daily fees, pushing its all-time revenue past $2.1 million, according to Cointelegraph.
This rapid growth positions PumpSwap as one of the most successful DEX launches on the Solana network, underlining the rising popularity and profitability of memecoin-focused trading platforms.
Key takeaways
- PumpSwap crossed $1 billion in trading volume within one week of its March 19 launch.
- The platform generated over $1 million in daily fees on March 24 alone.
- All-time protocol fees now exceed $2.1 million; LPs have earned more than $540,000.
- The platform offers instant, no-cost migration of memecoins from Pump.fun.
Rapid growth and high revenue
Launched on March 19, PumpSwap is a Solana-based DEX built by the memecoin launchpad Pump.fun. It was created to streamline the transition from memecoin creation to active trading, removing the need for manual migration to external DEXs like Raydium.
According to data from Dune Analytics, PumpSwap exceeded $1.1 billion in cumulative trading volume in its first seven days.
PumpSwap DEX lifetime trading volume reaches. Source: Dune Analytics
On March 24 alone, the platform recorded more than $1 million in protocol fees—matching the earnings of Pump.fun on the same day.
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User-centric upgrades
Previously, memecoins launched on Pump.fun had to migrate to Raydium to continue trading—a process the team described as “needlessly complex.”
With PumpSwap, migrations are now automatic and cost-free, enhancing user experience and accelerating token momentum. Liquidity providers have also been rewarded handsomely, earning over $540,000 in fees so far.
What’s next?
PumpSwap’s explosive debut signals a strong appetite for fast, low-cost meme token trading environments. If the platform maintains its momentum, it could further solidify its place among top Solana-based exchanges, potentially redefining how memecoins gain traction post-launch.
Earlier we wrote that only four Pump.fun tokens hold $100M+ value amid crash.
