PumpFun is back.
September fees hit $140M across all products — almost matching the January 2025 ATH of ~$150M.
The real alpha? Most of that is now coming from PumpSwap.
PumpSwap alone crossed $100M in fees for the first time. Volume up 50% YoY as $SOL memecoin degen szn heats up again.
If you're not watching PumpSwap flow, you're missing where the liquidity is rotating.
September fees hit $140M across all products — almost matching the January 2025 ATH of ~$150M.
The real alpha? Most of that is now coming from PumpSwap.
PumpSwap alone crossed $100M in fees for the first time. Volume up 50% YoY as $SOL memecoin degen szn heats up again.
If you're not watching PumpSwap flow, you're missing where the liquidity is rotating.