Pump.Fun's New DEX Explodes With $2.5 Billion In Transactions In One Week

PumpSwap, Pump.Fun’s decentralized exchange, had an exceptional week with $2.5 billion in transactions, a 40% increase compared to the previous week. This platform specialized in memecoins is attracting a growing number of investors, creating hundreds of new crypto millionaires in the process.

A meteoric success for Pump.Fun’s new DEX

PumpSwap, the decentralized exchange launched by Pump.Fun on March 19, 2025, processed an impressive volume of $2.5 billion in transactions last week.

This figure represents an increase of nearly 40% compared to the $1.8 billion recorded the previous week, according to the data from DefiLlama.

Since its launch less than a month ago, the platform has quickly gained popularity, reaching the billion-dollar volume threshold in its first week of operation.

On April 15, PumpSwap set a new daily record with $417.8 million in transactions, slightly surpassing the $412.7 million recorded the previous day.

The platform also experienced a peak in activity on April 12, with over 6.1 million transactions in a single day.

The number of active wallets reached a record high of 264,500 daily users, including 163,000 recurring and 101,000 new users, demonstrating the growing appeal of this DEX specialized in memecoins.

A machine for creating millionaires

Fees generated by PumpSwap increase in line with its transaction volume. On April 14, the platform recorded a daily fee record of over $1.05 million, including $840,000 allocated to liquidity providers and $210,000 to the protocol itself.

PumpSwap charges a 0.25% commission on each transaction, divided between liquidity providers (0.2%) and the protocol (0.05%). Since its launch, the DEX has generated a total of $14.2 million in fees, including $3.56 million for the protocol.

This success also benefits traders. Dune Analytics data reveals that 506 wallets have made gains exceeding one million dollars on the platform, while over 9,000 have earned more than $100,000. The top-performing wallet has even accumulated nearly $40.6 million in just 30 days.

This meteoric success of PumpSwap comes after a strategic decision by Pump.Fun to leave Raydium and create its own DEX to better control the memecoin ecosystem, in a context where the platform seeks to revitalize its activities amid the volatility of the cryptocurrency market.