PumpSwap Surges with $668,000 Trading Volume: A Strong Contender in the Solana DEX Landscape

According to recent data from COINOTAG on March 22nd, PumpSwap has emerged as a noteworthy player in the Solana decentralized exchange (DEX) landscape. With a **trading volume** of **$668,000** within the first 24 hours, PumpSwap currently holds the **7th position** among Solana DEXs. This volume is a modest **0.2%** of what Raydium achieved, and only a fraction of **0.04%** of Uniswap and **0.03%** of PancakeSwap. In terms of total value locked (TVL), PumpSwap has reached approximately **$21.49 million**, which represents **1.87%** of Raydium, **0.54%** of Uniswap, and **1.28%** of PancakeSwap. As the ecosystem continues to evolve, these metrics underscore the competitive nature of DEX platforms and highlight PumpSwap’s potential within the broader **DeFi** sphere.