Raydium recorded $192.2 million in 24-hour trading volume on October 7, 2026, overtaking PumpFun's PumpSwap, which had $185.0 million. This pushed Raydium to 8th place among global decentralized exchanges, up from 9th. Despite this daily win, PumpFun still leads Solana's monthly DEX volume with 18.6% compared to Raydium's 12.2%. Raydium's strategy to diversify beyond memecoins into tokenized assets and its LaunchLab platform is helping it build a more stable trading base, while PumpFun remains dominant in memecoin trading. The rivalry highlights different growth approaches within Solana's DEX ecosystem.
Raydium's recent trading volume surge is context for readers following decentralized exchanges. As of Oct 21, 2026 10:41 WIB, 42 of 50 major cryptocurrencies on Pluang rose while 7 fell. Notable movers include Basic Attention Token (BAT) at Rp3.358 with a 4.48% decline, Uniswap (UNI) at Rp136.463 up 4.07%, and Enjin Coin (ENJ) at Rp506 rising 4.02%.
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