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BisonFi surpasses Pump.fun as Solana's top DEX by daily trading volume.

Protocol Fundamentals
23 Oct 2026
Crypto Briefing
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Bullish
BisonFi surpasses Pump.fun as Solana's top DEX by daily trading volume.

BisonFi, a proprietary automated market maker (Prop AMM), has overtaken Pump.fun's PumpSwap to become the leading decentralized exchange (DEX) on Solana by 24-hour trading volume, processing around $312-$380 million daily. Despite a modest $20.8 million total value locked (TVL), BisonFi achieves high volume through efficient capital use and off-chain pricing models, attracting order flow via Solana's main aggregator, Jupiter. This shift highlights the growing role of Prop AMMs in Solana's ecosystem, potentially changing liquidity dynamics and trust models. Key future indicators include BisonFi's ability to maintain its lead and the overall Prop AMM market share.

BisonFi's rise as Solana's top DEX by daily volume provides context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang as of Oct 23, 2026 20:03 WIB, 29 out of 50 major cryptocurrencies rose while 20 fell. Notable price changes include BAT at Rp3.192 (+4.24%) with 66% buy activity, BCH at Rp5.129.306 (+3.46%) with 73% buy activity, and ATOM at Rp31.900 (+3.33%) with 90% sell activity.

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