PumpSwap, a decentralized exchange based on Solana, recorded a record trading volume of $3.45 billion. This event has positively impacted its market share and active user base.
PumpSwap Trading Volume
According to BlockBeats, PumpSwap achieved trading volumes of **$3.456 billion** on April 20, 2025. This marks a significant achievement for decentralized exchanges and demonstrates the growing interest in them, leveraging Solana's technology.
Solana Market and PumpSwap's Influence
With a market share of **18.2%**, PumpSwap is strengthening its position in the DeFi ecosystem on Solana, reducing reliance on Raydium. Users generated around **$948,000** in daily transaction fees, which creates more favorable conditions for users and developers.
PumpSwap's Prospects in the DeFi Market
Although major figures in the crypto industry remain silent on the matter, PumpSwap's growing user base and innovative features suggest potential changes in the competitive landscape. Market participants anticipate a possible revenue-sharing model that may influence the platform's adoption rates.
PumpSwap's success combined with the ongoing evolution of DeFi on Solana signals potential changes in the market and its possible future impact on the industry.
