PumpSwap’s Total Value Locked Reaches New Heights at $334M Amid PUMP Surge
PumpSwap, the decentralized exchange affiliated with the Solana-based launchpad Pumpfun, has achieved a new milestone, with its total value locked (TVL) soaring to an impressive $334.81 million. This uptick occurred over the recent weekend and comes on the heels of a revamped fee structure intended to support creators of smaller tokens. According to data from DefiLlama, the increase in locked capital wasn’t the only notable development, as the trading activity surrounding Pumpfun’s native token, PUMP, also reached record volumes, totaling $1.66 billion for the weekend. This surge in trading has been accompanied by a remarkable rise in PUMP’s price, which