Nov 29, 12:47 PM

Uniswap Hits $38B Monthly Volume; Pump.fun Reports $79M Revenue But Faces 33% Drop to $3.6M After $1.5M Loss

Uniswap has achieved a record monthly trading volume of $38 billion in November, surpassing its previous high set in March by $4 billion. Meanwhile, the platform Pump.fun reported a significant revenue increase, generating $79 million in November, which accounts for 35% of its total earnings since launch. However, following the suspension of its livestreaming feature due to controversy, Pump.fun experienced a sharp decline in daily revenue, dropping from $5 million to $3.6 million, representing a 33% decrease. This downturn was attributed to user concerns stemming from a recent incident involving a fake suicide stunt during a livestream, leading to a loss of $1.5 million in a single day.

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