Pump.fun Kicked Off 2025 with $14 Million in Revenues for One Day

Dune Analytics and DefiLlama reported that Solana generated over 72,000 $SOL in fees on January 1, trading above $200. Read on to get the details.

Solana (SOL) based DEX aggregator Pump.fun had an exceptional start to 2025 with a record-breaking performance. According to Dune Analytics and DefiLlama, Solana generated over 72,000 SOL in fees on January 1, trading above the $200 mark.

Out of the total fees generated by Solana, Pump.fun alone accounted for an impressive $14 million in revenues for a single day. This day also marked the highest revenues earned by Pump.fun since its inception.

Pump.fun has notably emerged as a dominant force within the Solana ecosystem, particularly renowned for its implementation for DEX aggregation and trading across chains. At the end of December 2024, it had traded more than 52% of all DEX volumes on Solana-based protocols. This performance was largely attributed to the record it achieved in November when it became the first dApp in Solana to register a monthly gross transaction value of over $100 million.

Since its inception, Pump.fun has reportedly generated over 2 million SOL, which equates to nearly $398 million in total revenue. However, according to data provided by Lookonchain, Pump.fun had also locked over $300 million SOL on Kraken and exchanged $41 million into USD Coin ($USDC).

Pump fun deposited 292,437 $SOL($55.5M) to #Kraken again today after 23 days.

So far, #Pumpfun has deposited 1,500,893 $SOL($303M) to #Kraken and sold 264,373 $SOL for 41.64M $USDC.

Pumpfun has earned a total of 2,016,391 $SOL($398M).https://t.co/eO2OHLWL0c pic.twitter.com/UG8RjIYa1N

— Lookonchain (@lookonchain) January 2, 2025

Despite the challenges faced by Pump Fun, such as difficulties in addressing concerns about the memecoin market and the suspension of livestreams due to inappropriate content, the platform managed to maintain its operations and achieve significant success in 2024.

As 2025 begins, Pump.fun continues to thrive, showcasing its resilience and ability to adapt to the ever-changing landscape of the crypto industry. With memecoins remaining a popularاحةرة and Pump.fun facilitating trades for some of the most in-demand memecoins, the platform is likely to maintain its strong performance.

Moreover, Pump.fun's large influence within the Solana ecosystem and theと言ってもいいでしょうスルスルと滑るように for crypto memecoins are undeniable.