Pump.fun DEX tops Uniswap with $1.77 bn daily trading volume

Pump.fun’s integrated decentralized exchange, PumpSwap, recorded roughly $1.769 billion in 24‑hour trading volume, overtaking Uniswap, PancakeSwap and other major DEXs across all chains. The platform, launched on 19 January 2024 as a memecoin launchpad, added PumpSwap in March 2025 to keep token trading in‑house, a move now paying off with sustained high volumes. The $1.77 bn day is not a one‑off spike; a previous peak of $2.03 billion was logged in early January 2026. By March 2026 cumulative revenue surpassed $1 billion, with $39 million generated in the 30 days before the record volume and daily revenue around $1.13 million.

The native $PUMP token has also shown price strength, climbing to a monthly high of $0.00169, a 9 % rise on the day, backed by a 61 % jump in trading volume and a 12 % increase in open interest to $144 million. Buyers dominated both spot and derivatives markets, with the long/short ratio staying above one. An aggressive buy‑back program has spent about $332 million to repurchase over 106 billion $PUMP tokens, cutting circulating supply by roughly 30 %. The token’s public sale ran 12‑15 July 2025 at $0.004 per token.