PumpSwap, Daily fee·User count record broken…More than 500 wallets earn multi-million profits

Daily active wallet volume of PumpSwap (Source: Dune)

Meme coin dedicated decentralized exchange PumpSwap is showing strong presence in the cryptocurrency market by breaking daily records in transaction volume, revenue, and number of users. Users making millions in profit through the platform are also emerging.

According to market data, PumpSwap, created by meme coin launching platform Pump.Fun, processed approximately $2.5 billion in transactions during the second week of April, with volumes increasing nearly 40% compared to the previous week. Since its launch at the end of March, the cumulative transaction amount has reached $98.4 million. Particularly on the 15th, daily transaction volume reached $417.8 million, surpassing the previous day's record, and daily fee revenue also exceeded $1.05 million, setting an all-time high.

This platform launched on March 19 with the goal of creating an environment specialized for meme coin transactions. In just the first week, it recorded over $1 billion in transactions, quickly gaining market attention, and continues its growth. According to Dune's tally, as of April 12, daily transaction count exceeded 6.1 million and over 5.7 million swaps were made the following day. On the same day, the number of active wallets was approximately 264,500, of which over 100,000 were new users.

The revenue structure is also rapidly increasing in line with transaction expansion. PumpSwap charges a 0.25% transaction fee, with 0.2% distributed to liquidity providers and 0.05% to platform revenue. The accumulated fees so far are approximately $14.2 million, with $3.56 million returned as protocol revenue.

In this process, regular users are also making significant profits. According to Dune data, 506 wallets have recorded profits of over $1 million each, and over 9,000 wallets have surpassed $100,000 each. Particularly, in the past 30 days, one wallet achieved a profit of approximately $40.6 million, equivalent to about 58 billion Korean Won.

The rapid growth of PumpSwap is demonstrating how explosive meme coin-centric trading can be within the DeFi ecosystem. Especially in the move to surpass the limitations of existing centralized exchanges, PumpSwap's performance suggests new opportunities for investors.