memecoin dex泵送产生重大影响，吸引了70万钱包并促进30m掉期

自3月20日推出以来，Pumpswap对分散交易所（DEX）空间产生了重大影响。该平台已经产生了540万美元的协议费

Since its launch on March 20, the PumpSwap decentralized exchange (DEX) has made significant progress on the Solana blockchain, generating $5.4 million in protocol fees, attracting 700,000 active wallets and facilitating over 30.59 million swaps, according to Dune Analytics data.

根据Dune Analytics（Dune Analytics）的数据，自3月20日推出以来，Pumpswap分散交易所（DEX）在Solana区块链上取得了重大进展，产生了540万美元的协议费用，吸引了70万个主动钱包，并促进了超过3059万的交换。

As of March 30, Raydium still holds the majority market share at 74%, but PumpSwap has quickly gained ground, capturing 8% of Solana’s total DEX trading volume.

截至3月30日，Raydium仍将大多数市场份额占74％，但Pumpswap迅速获得了底层，占据了Solana总DEX交易量的8％。

Why Is PumpSwap Gaining Traction?

为什么泵施加会吸引牵引力？

PumpSwap was developed by Pump.fun to streamline memecoin trading and liquidity provision. Before its launch, memecoins created on Pump.fun migrated to Raydium after completing the bonding curve process. This extra step added complexity and transaction costs for users.

Pumpswap是由Pump.Fun开发的，用于简化Memecoin交易和流动性提供。在启动之前，Memecoins在Pump.Fun上创建了粘合曲线过程后迁移到Raydium。此额外的步骤增加了用户的复杂性和交易成本。

To streamline the process, PumpSwap integrates trading, liquidity and token creation into a single platform. Unlike traditional order-book-based exchanges, it employs a constant product automated market maker (AMM) model, similar to Raydium v4 and Uniswap v2. This structure ensures more efficient and seamless trading for users within the Solana ecosystem.

为了简化流程，PumpSwap将交易，流动性和代币创建整合到一个平台中。与传统的基于订单的交易所不同，它采用了恒定的产品自动化做市商（AMM）模型，类似于Raydium V4和Uniswap V2。这种结构可确保Solana生态系统中用户的效率更高和无缝交易。

Previously, Pump.fun charged a six-SOL migration fee when moving assets to Raydium. However, PumpSwap is utilizing a more sustainable revenue model that has a 0.25% trading fee. The 0.25% trading fee is split up with 0.20% for the liquidity providers and 0.05% supporting the protocol. This way, liquidity providers are incentivized, and the protocol can financially sustain itself. The model will become even more refined with new features coming to PumpSwap, including aspects like Creator Revenue Sharing.

以前，泵送资产将资产移至Raydium时收取六氧迁移费。但是，PumpSwap正在利用一种更可持续的收入模式，该模型的交易费用为0.25％。流动性提供商的0.25％交易费用为0.20％，支持该协议的0.05％。这样，激励流动性提供商，该协议可以在财务上维持自己。该模型将变得更加精致，随着新功能即将出现，包括创建者的收入共享等方面。

Early adoption of PumpSwap received a significant boost from its integration with MEXC, a leading global crypto exchange. On March 25, MEXC announced support for PumpSwap in its DEX aggregator. The partnership allows MEXC’s 34 million users and the tokens they own, in 170 countries, to directly access and trade PumpSwap-listed tokens via the MEXC app and website.

早期采用Pumpswap从与全球领先的加密交易所MEXC的集成中获得了重大的推动。 3月25日，MEXC宣布在其DEX聚合器中支持Pumpswap。该合作伙伴关系允许MEXC的3400万用户和他们拥有的170个国家 /地区的代币通过MEXC应用程序和网站直接访问和交易泵送上市的代币。

The integration is expected to be beneficial to PumpSwap and will help boost its visibility and liquidity, ultimately attracting new users and benefiting the overall ecosystem. The provision of a direct access trading function means that with MEXC’s support, it is also the aggregator to support PumpSwap, furthering its growth.

预计该集成将对泵送有益，并有助于提高其知名度和流动性，最终吸引新用户并使整体生态系统受益。提供直接访问交易功能意味着，在MEXC的支持下，它也是支持泵种并促进其增长的聚合器。

Market Trends

市场趋势

While PumpSwap enjoys strong use, it faces challenges from broader market conditions. Through the first two months of 2023, Solana DEX trading volume dropped from $258 billion in January to $50 billion in March, as reported by DefiLlama. A declining memecoin trading frenzy has dampened overall trading volume across Solana-based exchanges.

尽管Pumpswap享有强大的利用，但它面临着更广泛的市场条件的挑战。正如Defillama报道的那样，到2023年的前两个月，Solana Dex交易量从1月份的2580亿美元下降到3月的500亿美元。 Memecoin贸易狂潮的下降使基于Solana的交易所的总体交易量减弱。

Nevertheless, both PumpSwap and Raydium are preparing for a potential market recovery.

然而，泵送和雷迪姆都在为潜在的市场恢复做准备。

Raydium has released its LaunchLab incubator as part of its strategy to encourage new projects and liquidity incentives. PumpSwap’s ongoing iteration of improvements, price changes and strategic partnerships could make it a larger and larger player within the Solana DEX ecosystem.

Raydium已发布其发射室孵化器，作为鼓励新项目和流动性激励措施的战略的一部分。 Pumpswap的持续改进，价格变化和战略合作伙伴关系可能使其成为Solana Dex生态系统中越来越大的参与者。