The Rise of PumpSwap: Is Solana’s DEX Landscape Set for a Shake-Up?
A decentralized exchange (DEX) landscape on Solana had a major moment on March 20, 2025, with the launch of PumpSwap, a new platform trying to attract token traders in the ecosystem. PumpSwap positions itself as a competitor to the established DEXs like Raydium V4 and Uniswap V2. The platform promises to provide a seamless experience for token traders—by instantly migrating successful tokens to zero-cost trades on PumpSwap. So what has the response been to this new player in the DEX market on Solana, and what does it mean for the future of decentralized trading on the blockchain? A DEX Showdown on Solana: PumpSwap’s Early Impact When Solana's decentralized exchange activity was already declining, PumpSwap came onto the scene. Since early March, DEX volume on Solana had fallen about 70% from its peak on March 1. But even that was just […]
