Market data shows pumpswap, the decentralized exchange of the memecoin platform pump.fun launch platform, processed $ 2.5 billion of trade last week.
Data of Defillrama Shut up On April 6 Sunday, Pumpswap saw a trading volume increase by nearly 40% in the past week starting March 30, with a trading volume of $ 1.8 billion. Since its launch in late March, the decentralized exchange (DEX) has been processing $ 98.4 million of trade.
The news follows Pump.Fun Launching Pumpswap to March 19, as a dedicated “frictionless environment” for trading memecoins. Dex attracts great trading activity, More than $ 1 billion of quantity In the first week of its activity.
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According to Dune DataPumpswap trading reached a new high -day record of over 6.1 million on April 12, and on April 14 the platform saw more than 5.7 million swaps. It also saw the highest sunny active purses, reaching about 264,500 -more than 163,000 recurrences and 101,000 before.
Pumpswap daily active wallets. Source: Dune
On April 15, the pumpswap broke its high -day volume record, reaching $ 417.8 million at the time of publication. The previous note was reported on Monday, April 14, when the volume reached $ 412.7 million.
The pumpswap trading volume shows a clear extent. Source: Delete
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Revenues grow alongside the volume
The pumpswap revenue grows next to its trading volume, with dune data showing that the sun -fees reached a record of more than $ 1.05 million on April 14. On that day, $ 840,000 was the liquidity provider fees and $ 210,000 Protocol payments.
Pumpswap sunny fees. Source: Dune
Paraswap features a 0.25% fee, with 0.2% going to liquidity providers and 0.05% in the protocol itself. The total life fees generated by Dex raised $ 14.2 million at the time of publication, of which $ 3.56 million was reserved for the protocol.
Pump.Fun Making Millionaires
The developers behind the platform are not the only ones managed to earn money on the pump.fun. Dune data Shut up 506 dompets managed to earn more than $ 1 million on the platform, while more than 9,000 made more than $ 100,000.
Top five 30-day active pump.fun wallets. Source: Dune
The profitable purse over the past 30 days realized the gains of nearly $ 40.6 million, displaying data.
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