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PumpSwap DEX Reaches $10 Billion in Volume in Just 10 Days, Sparking Competition with Raydium

Summary by The Merkle Hash
In just 10 days from launch, PumpSwap—a decentralized exchange (DEX) on the Solana blockchain—reached $10 billion in transaction volume, thanks to impressive growth and market demand. This unfathomable rise has seized the attention of the DeFi community and raised questions about what it means for Solana-based DEXs to compete with already established platforms like Raydium. PumpSwap’s fast success has come from its internal drive to create a nat…
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The Merkle HashThe Merkle Hash

PumpSwap DEX Reaches $10 Billion in Volume in Just 10 Days, Sparking Competition with Raydium

In just 10 days from launch, PumpSwap—a decentralized exchange (DEX) on the Solana blockchain—reached $10 billion in transaction volume, thanks to impressive growth and market demand. This unfathomable rise has seized the attention of the DeFi community and raised questions about what it means for Solana-based DEXs to compete with already established platforms like Raydium. PumpSwap’s fast success has come from its internal drive to create a nat…

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The Merkle Hash broke the news in on Wednesday, April 2, 2025.
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