Pump.fun leads global DEX, revenue exceeds 1 billion USD

TapChiBitcoin

Capital Flow Project Progress Token Events

2026-03-20 01:04:22

PUMP-4,98%

SOL-0,75%

The Pump.fun platform on Solana has become the largest 24-hour DEX trading volume protocol, reaching approximately $1.77 billion, surpassing Uniswap and PancakeSwap. Revenue remains strong with $1.13 million on March 18 and over $39 million in the past 30 days. Total revenue has exceeded $1 billion for the first time on Solana.

Growth is driven by memecoin trading. Pump.fun is implementing token buybacks of $PUMP using nearly all of its revenue. By March 19, about $332 million has been used to buy back, removing over 106 billion tokens and reducing the supply by approximately 30%. However, the price of $PUMP remains around $0.0018, indicating that investors are still cautious.

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