On March 31, according to Dune panel data, Solana's on-chain DEX PumpSwap, supported by Pump.fun, has reported trading volume of US$215.8 million in the past 24 hours, and its 10-day online trading volume exceeded US$2.43 billion. Currently, PumpSwap has accounted for 14.5% of the total transaction volume of Solana on-chain DEX, and at its highest proportion hit 18.6%, second only to 42% of Raydium.

The highest number of daily active addresses in PumpSwap exceeded 243,000, yesterday's daily active addresses were 158,000, and the total number of users exceeded 700,000. About $5.14 million in handling fee income per day, total agreement revenue on the 10th day of online development was $5.48 million, and LP revenue was $21.92 million.

Pump.fun is competing for a larger share of the Solana on-chain DeFi economy. PumpSwap, a token exchange service based on protocol liquidity pool, has launched directly compete with automated market makers (AMMs) in the Solana ecosystem that specializes in providing on-chain token trading. Pump.fun will provide startup liquidity for potential tokens directly on PumpSwap.