PumpSwap gained traction in the Solana DEX space but remains limited to PumpFun-related activity.
Raydium holds dominance in the Solana DEX ecosystem for non-PumpFun tokens and supports new projects with LaunchLab.
The Solana DEX is getting crowded, and it’s starting to feel like a morning market—everyone is fighting for attention. Amid all that noise, PumpSwap has emerged as a new player who has made a splash. In its first week alone, as we previously reported, the platform saw over $1 billion in trading volume.
That’s a staggering number, even by the fast-paced crypto world. With transaction fees of just 0.25%, incentives for liquidity providers, and no pool creation fees, PumpSwap isn’t just coming to the party, it’s playing in the big leagues.
PumpFun’s Influence on Solana DEX Can’t Be Ignored
What makes this interesting is PumpFun’s positioning as the underlying asset of PumpSwap, according to Blockworks Research. The combination of PumpFun’s bonding curve an
