According to MetaEra, on March 31, according to Dune panel data, the on-chain DEX PumpSwap supported by Pump.fun, the transaction volume of Solana on-chain DEX PumpSwap in the past 24 hours was US$215.8 million, and the transaction volume on the 10th day after its online trading volume exceeded US$2.43 billion. Currently, PumpSwap has accounted for 14.5% of the total transaction volume of Solana on-chain DEX, and at its highest proportion hit 18.6%, second only to 42% of Raydium. The highest number of daily active addresses in PumpSwap exceeded 243,000, yesterday's daily active addresses were 158,000, and the total number of users exceeded 700,000. About $2.7 million in fees were generated daily, with a total agreement revenue of $5.48 million on the 10th day of online launch and $21.92 million in LP revenue. Pump.fun is competing for a larger share of the Solana on-chain DeFi economy. PumpSwap, a token exchange service based on protocol liquidity pool, has launched directly compete with automated market makers (AMMs) in the Solana ecosystem that specializes in providing on-chain token trading. Pump.fun will provide startup liquidity for potential tokens directly on PumpSwap. (Source: BlockBeats)