---
title: "PumpSwap Shakes Up Solana’s DEX Market Within 48 Hours of Launch"
date: 2025-03-26T11:08:22+00:00
canonical: https://funkyonchain.pages.dev/en/p/pumpswap-출시-48시간-만에-솔라나-dex-시장을-뒤흔들다/
original: https://t.me/funkyonchain/2044
publisher: Funkyonchain
lang: ko
license: CC-BY-4.0
---

# PumpSwap Shakes Up Solana’s DEX Market Within 48 Hours of Launch

> 🚨 PumpSwap Shakes Up Solana’s DEX Market Within 48 Hours of Launch The biggest story in the Solana ecosystem over the past two days has been the launch of PumpSwap, PUMP.FUN’s own DEX. Onchain data shows results that have exceeded expectations and point to a changing landscape for memecoins.

# 🚨 PumpSwap Shakes Up Solana’s DEX Market Within 48 Hours of Launch

The biggest story in the Solana ecosystem over the past two days has been the launch of PumpSwap, PUMP.FUN’s own DEX. Onchain data shows results that have exceeded expectations and point to a changing landscape for memecoins. Let’s take a closer look. 👇

## 1️⃣ PumpSwap vs. Raydium: The Battle for Solana DEX Market Share Begins

PumpSwap recorded $120 million in trading volume within a week of its March 20 launch by PUMP.FUN. On March 24 alone, it attracted $454 million in volume and 243,000 users.

### PumpSwap’s growth in onchain data:
- First day after launch: $50 million in trading volume
- March 24: $454 million in trading volume, an eightfold increase
- Current share of the Solana DEX market: 19.2%

### Raydium’s response:
- Still in first place with a 46.1% market share
- RAY token price up 22% over seven days
- Preparing a new token launch platform, 'LaunchLab'

## 2️⃣ Top 2 Memecoins Growing Rapidly Since PumpSwap’s Launch

### 1. FARTCOIN (FART) 🔥
FARTCOIN has led the memecoin rally since PumpSwap’s launch. It rose 37% over the past 48 hours, while trading volume increased fivefold.

Points to note:
- An active community with more than 15,000 Telegram members
- Continued buying by large wallets

Points to note:
- A practical use case as a no-code development platform
- $28 million in 24-hour trading volume on PumpSwap
- A recently launched API is expanding its developer ecosystem

### 2. DOGE AI (DOGEAI) 🐕
DOGEAI, which combines Dogecoin and AI, rose 22% over the past 48 hours.

Points to note:
- More than 3,200 new wallets since PumpSwap’s launch
- Support from prominent influencers

## 3️⃣ PumpSwap’s Impact on the Solana Ecosystem

### Positive effects:
- Total trading volume on Solana-based DEXs rose 32%
- New wallet creation in the Solana ecosystem rose 18%
- Increased competition among memecoin launch platforms has brought more benefits to users

### Negative effects:
- A temporary decline in Raydium’s trading volume, which fell by as much as 94% before beginning to recover
- Concerns that the memecoin market is overheating
- Potential for increased slippage as liquidity becomes fragmented

## 4️⃣ What’s Next for PUMP.FUN?

### Strategic partnership with MEXC DEX+
PUMP.FUN recently entered a strategic partnership with MEXC DEX+. PumpSwap became the first DEX integrated with MEXC DEX+, which could bring in more liquidity and users.

### Revenue-sharing model
PumpSwap has introduced a revenue-sharing model for token creators. By focusing on sustainable trading volume rather than an initial price pump, it is expected to help build a healthier project ecosystem.

## 🔮 Conclusion

PumpSwap’s launch could be a game changer for the Solana ecosystem. Its influence on the memecoin market is growing in particular, and competition with Raydium is expected to intensify.

Want more onchain insights? Let us know in the comments which projects you’d like us to analyze.

Source: funkyonchain

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출처 / Source: Funkyonchain — https://funkyonchain.pages.dev/en/p/pumpswap-출시-48시간-만에-솔라나-dex-시장을-뒤흔들다/
원문 / Original Telegram post: https://t.me/funkyonchain/2044