PumpSwap, the decentralized exchange for memecoins by Pump.Fun, processed $2.5 billion in trades last week, marking a 40% increase from the previous week's volume of $1.8 billion. Since its late March launch, the DEX has amassed a trading volume of $98.4 million. On April 12, PumpSwap set a record with over 6.1 million daily trades, while April 14 saw 5.7 million swaps and a daily active wallet count nearing 264,500. On April 15, PumpSwap achieved a daily volume peak at $417.8 million. With the growing volume, daily fees also saw an uptick, reaching over $1.05 million on April 14. The revenue from liquidity provider fees and protocol fees contributed significantly to its income, totaling $14.2 million since inception. Notably, Dune analytics indicates 506 wallets gained over $1 million from the platform, with the top wallet earning nearly $40.6 million in 30 days.

Source 🔗