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Raydium edges past PumpFun in 24-hour DEX volume

Grade Bbullish AI signal$RAY$SOL
Raydium narrowly overtook PumpFun's PumpSwap in 24-hour decentralized exchange volume on Solana, recording $192.2 million versus $185 million, a lead of $7.2 million. Raydium climbed to eighth in global DEX rankings and handled 80.5% of xStocks-issued asset trading volume over 30 days, although PumpFun retained the larger September Solana DEX market share at 18.6% versus Raydium's 12.2%. Raydium's expansion into tokenized assets could help diversify its trading activity, but PumpFun may retain its advantage when memecoin speculation accelerates.

Bullish strength: 60/100

  • Raydium recorded $192.2 million in 24-hour volume, surpassing PumpSwap's $185 million.
  • Raydium rose to eighth place in global DEX rankings.
  • Raydium captured 80.5% of xStocks-issued asset trading volume over the past 30 days.
  • Raydium's liquidity pools held approximately $806 million, the highest among Solana venues.

Bearish strength: 40/100

  • PumpFun retained a larger September Solana DEX market share of 18.6%, compared with Raydium's 12.2%.
  • PumpFun's memecoin activity can generate substantially higher volume during speculative surges.
  • Raydium's daily volume lead was narrow and does not establish a sustained shift in market share.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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