PumpFun has solidified its dominance in the Solana memecoin launchpad market, currently controlling between 73% and 91.8% of market share according to various sources including Cointelegraph and JupPro. The platform leads in new token launches, bonding, and active wallets, and has surpassed $800 million in cumulative revenue within 19 months, making it one of the fastest-growing platforms in the crypto space. Weekly trading volume on PumpFun reached $4.68 billion. Other launchpads such as LETsBONKFUN, BAGS, BELIEVE, and METEORA DBC hold significantly smaller shares, with LETsBONKFUN typically in second place with around 13% market share. Meanwhile, Heaven, a recently launched AMM and launchpad on Solana, has quickly risen to become the third-largest revenue-generating protocol on the Solana network within 24 hours of its launch, and the second-highest revenue-generating decentralized exchange (DEX) protocol in the same period. DefiLlama has also begun tracking several new platforms including Heaven, HX Finance, Binance Alpha, LFGSwap, SuperBoring, OkieDokie V2 and V3, and OnionSwap, indicating growing diversification in the Solana and broader decentralized finance ecosystems.
🚨NEW: Memecoin launchpad @heavendex has become the 3rd largest revenue-generating protocol on @Solana in the last 24 hours, just a few days after launch. https://t.co/f1RVeBH8uo
🚨NEW: Memecoin Launchpad @heavendex has become the 3rd largest revenue-generating protocol on @Solana in the last 24 hours. https://t.co/6fXu21VO60
DEFI: HEAVEN BECOMES 2ND HIGHEST REVENUE-GENERATING DEX IN LAST 24H Source: DefiLlama https://t.co/tophRiXfqx