BisonFi Leads Solana DEXs in Daily Volume as PumpSwap Leads Over 30 Days

Solana’s Friday, Oct. 23 DEX snapshot placed BisonFi first for swaps during the preceding 24 hours, while PumpSwap retained the largest 30-day total, leaving different venues atop the two windows.

BisonFi recorded $312.02 million in 24-hour volume, compared with $259.02 million for PumpSwap. Over 30 days, PumpSwap had $9.889 billion in volume, ahead of BisonFi’s $8.58 billion. The figures compare spot-token swaps across two different measurement periods.

The shorter-window ranking does not establish why BisonFi’s volume was higher or whether it held the lead beyond that snapshot. The 30-day total, meanwhile, shows PumpSwap ahead across the longer period.

BisonFi is a proprietary automated market maker, or Prop AMM. This type of venue uses price models off-chain and updates quotes on Solana. Its operator supplies most of the liquidity, and access may depend on integrations with trading aggregators. That structure gives the operator greater influence over quotes and available liquidity than a pool funded by outside deposits.

PumpSwap is the native decentralized exchange in Pump.fun’s token-launch process. Tokens begin trading on bonding curves, then their liquidity moves to PumpSwap when they reach the graduation threshold. That transition describes how Pump.fun tokens enter PumpSwap; it does not explain the difference between the platforms’ reported volumes.