Overview
- DeFiLlama data shows roughly $2.03–$2.036 billion in single-day DEX volume tied to PUMP early this week, marking a new high.
- Despite massive turnover, daily fees and protocol revenue stayed in the low millions, with reports citing about $3.9 million in fees and $1.5 million in revenue.
- Analyses indicate the surge is centered on PUMP rather than a broad revival in Pump.fun token issuance, with liquidity and TVL expanding to support trading.
- PUMP gained about 30% over seven days as on-chain activity rose, while 2025 buybacks of just over $200 million removed roughly 10–11% of the token’s supply.
- Solana-wide DEX activity jumped roughly 39–40% over the week and SOL advanced 6–8%, as reporting also highlights reputational and legal exposure, including a potential $500 million lawsuit.