PumpSwap, the decentralized exchange (DEX) launched by Solana-based memecoin incubator Pump.fun, has officially surpassed $100 million in total value locked (TVL) — just 50 days after its debut.
Launched on March 19, the platform was created as a native trading venue for memecoins graduating from Pump.fun’s launchpad. Despite broader skepticism around the sustainability of memecoins, PumpSwap’s explosive growth is proving the sector still has legs.
Defying the Critics
The milestone comes as memecoin trading stages a strong comeback, challenging earlier predictions of a market-wide cooldown following the genre’s early-year hype.
PumpSwap has logged over $18 billion in cumulative trading volume, with daily activity showing steady growth since launch — signaling sustained user interest and liquidity.
What’s Driving the Momentum?
Much of PumpSwap’s success lies in its seamless integration with Solana’s high-speed, low-cost infrastructure, combined with Pump.fun’s viral token creation engine. The DEX capitalizes on users’ desire for rapid, frictionless trading of experimental tokens — many of which are meme-based and community-driven.
As memecoins continue to capture attention across the Solana ecosystem and beyond, PumpSwap may be establishing itself as the go-to DEX for the next wave of grassroots crypto speculation.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/pumpswap-hits-100m-tvl-just-50-days-post-launch-riding-memecoin-revival/