Haciyev Reşit 
Pump.fun, the leading memecoin platform in the Solana ecosystem, has surpassed $1 billion in daily trading volume, driven by the September crypto market rally. This development has given fresh momentum to both the memecoin market and the DeFi ecosystem.
Record Surge in Pump.fun’s Volume
According to data from the decentralized exchange (DEX) Jupiter, Pump.fun’s daily trading volume rose from $942 million on Sunday to $1.02 billion on Monday. This increase occurred in parallel with the broader rise in the memecoin market during the same period.
CoinMarketCap data shows that the market capitalization of the memecoin sector reached $83 billion on Sunday. This figure marked the highest level in the past 30 days, coming very close to the $85 billion level seen on July 23.
Strong Performance in TVL and Revenue
According to decentralized finance (DeFi) data platform DefiLlama, Pump.fun’s total value locked (TVL) reached $334 million for the first time on Sunday. In addition, the platform outpaced the perpetual exchange Hyperliquid in revenue for two consecutive days.
According to DefiLlama data, Pump.fun ranked third in 24-hour revenue, following Circle and Tether.
Pump.fun’s Livestreaming Move
Pump.fun is expanding not only in trading volume but also within the content creator ecosystem. On Monday, the platform announced that $4 million was paid out to content creators, with the majority of these rewards going to first-time creators.
Pump.fun founder Alon highlighted the rapid rise of the livestreaming feature, stating:
“We’ve surpassed Rumble in average concurrent streams. We’re approaching 1% of Twitch’s market share and 10% of Kick’s. We’re eating their lunch.”
However, these claims have not yet been verified by third-party platforms.
Assessment
Pump.fun’s surpassing of the $1 billion trading volume milestone is boosting interest in memecoin and DeFi projects within the Solana ecosystem. Rising TVL figures and investments in its content creator program indicate that the platform is evolving beyond a memecoin hub into a more comprehensive Web3 ecosystem.
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