PUMP Token Sets $2.036B DEX Volume Record as Memecoin Appetite Returns
PUMP token trading exploded to a fresh DEX volume record of $2.036 billion, driven by a wave of memecoin buying ahead of the new year. The surge was concentrated on decentralized venues, suggesting retail-led flows and active liquidity provision as traders chased short-term gains. Exchanges and on-chain analytics reported sharp upticks in swap activity and gas usage tied to PUMP pairs.
The jump matters because it marks a return of risk-on sentiment that can ripple across smaller token markets: higher volume boosts liquidity but also raises the odds of rapid price swings and speculative triggering. Market participants should note that while heavy DEX volume can sustain momentum, it often precedes heightened volatility and wash trading scrutiny. For traders and platforms, the PUMP episode underscores renewed appetite for memecoins and the need for attentive risk management.