{"slug":"solana-dex-volume","title":"Solana DEX volume: pump.fun vs Axiom vs GMGN vs Fomo, live 24h","subtitle":"Live 24-hour trading volume and protocol revenue for the top Solana DEX platforms. Updated every 30 minutes from DeFiLlama. The fee column shows what each protocol earns, not what users pay in gas.","category":"Trading","metric":"24h volume","unit":"usd","status":"live","higherIsBetter":true,"filters":null,"value":210787000,"leader":{"name":"pump.fun","slug":"pump-fun","value":210787000},"leaders":[{"name":"pump.fun","slug":"pump-fun","value":210787000}],"rankings":[{"name":"pump.fun","slug":"pump-fun","ms":{"p50":210787000,"p90":210787000,"p99":210787000,"mean":210787000},"successRate":100},{"name":"Fomo","slug":"fomo","ms":{"p50":153771000,"p90":153771000,"p99":153771000,"mean":153771000},"successRate":100},{"name":"Axiom","slug":"axiom","ms":{"p50":150831000,"p90":150831000,"p99":150831000,"mean":150831000},"successRate":100},{"name":"GMGN","slug":"gmgn","ms":{"p50":33600200,"p90":33600200,"p99":33600200,"mean":33600200},"successRate":100},{"name":"Trojan","slug":"trojan","ms":{"p50":4790310,"p90":4790310,"p99":4790310,"mean":4790310},"successRate":100},{"name":"Photon","slug":"photon","ms":{"p50":1650660,"p90":1650660,"p99":1650660,"mean":1650660},"successRate":100},{"name":"BullX","slug":"bullx","ms":{"p50":276737,"p90":276737,"p99":276737,"mean":276737},"successRate":100}],"sparkline":[119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,119132000,210787000,210787000,210787000,210787000,210787000,210787000,210787000,210787000,210787000,210787000,210787000,210787000,210787000,210787000,210787000,210787000,210787000,210787000,210787000,210787000,210787000,210787000,210787000,210787000,210787000,210787000,210787000,210787000,210787000,210787000,210787000,210787000,210787000,210787000,210787000],"sampleSize":0,"asOf":"2026-09-27T23:06:21.145Z","freshness":{"asOf":"2026-09-27T23:06:21.145Z","ageHours":0,"stale":false},"measured":7,"ranked":7,"headline":"pump.fun leads 24h volume at $210.79M (24h) across 7 ranked providers.","quote":"pump.fun leads 24h volume at $210.79M (24h) across 7 ranked providers. Source: OpenChainBench (https://openchainbench.com/benchmarks/solana-dex-volume).","cite":{"plain":"OpenChainBench. \"Solana DEX volume: pump.fun vs Axiom vs GMGN vs Fomo, live 24h\". Retrieved 2026-09-27. https://openchainbench.com/benchmarks/solana-dex-volume","bibtex":"@misc{ocb_solana_dex_volume,\n  author = {OpenChainBench},\n  title  = {Solana DEX volume: pump.fun vs Axiom vs GMGN vs Fomo, live 24h},\n  year   = {2026},\n  url    = {https://openchainbench.com/benchmarks/solana-dex-volume},\n  note   = {Retrieved 2026-09-27}\n}","apa":"OpenChainBench. (2026). Solana DEX volume: pump.fun vs Axiom vs GMGN vs Fomo, live 24h. Retrieved September 27, 2026, from https://openchainbench.com/benchmarks/solana-dex-volume","ris":"TY  - GEN\r\nAU  - OpenChainBench\r\nTI  - Solana DEX volume: pump.fun vs Axiom vs GMGN vs Fomo, live 24h\r\nPY  - 2026\r\nUR  - https://openchainbench.com/benchmarks/solana-dex-volume\r\nY2  - 2026-09-27\r\nER  - \r\n"},"pageUrl":"https://openchainbench.com/benchmarks/solana-dex-volume","ogImage":"https://openchainbench.com/api/og/solana-dex-volume","source":"https://github.com/ChainBench/OpenChainBench/tree/main/harnesses/solana-dex-volume","methodology":["Source: DeFiLlama public chain overview APIs (api.llama.fi/overview/dexs/solana and overview/fees/solana?dataType=dailyRevenue), which report SOLANA-scoped totals per protocol. Multichain platforms such as GMGN therefore show their Solana volume only, keeping every row comparable. No authentication required.","Poll cadence: harness fetches every 30 minutes and updates Prometheus gauges immediately.","Fomo caveat: DeFiLlama measures Fomo on Solana, where user balances are held, and includes cross-chain trades routed through Relay (each counted once); its revenue combines on-chain fee-wallet inflows with relay fees the Fomo team reports. The two perimeters differ, so revenue divided by volume is not Fomo's 0.5% fee either. Its Hyperliquid perps flow is tracked separately on the hyperliquid-frontends bench.","Volume: total24h and total7d fields, sum of swap notional values in USD attributed to this platform on Solana. DeFiLlama aggregates in daily buckets with roughly a 10-hour indexing delay, so intraday values are flat by construction and step once per day.","Revenue: total24h and total7d from the fees endpoint with dataType=dailyRevenue. This strips LP fees that stay in pool accounts and returns only the protocol's own share. Note: dailyRevenue also nets out referral paybacks (e.g. GMGN nets ~34% back to affiliates) and for pump.fun reflects the buyback-adjusted split introduced in 2026. Use dailyFees if comparing what users pay, not what protocols retain.","Volume is a floor by DeFiLlama's own methodology: its terminal adapters (Axiom, GMGN, Trojan, Photon, BullX) count a swap when the transaction pays the terminal's fee wallet and Dune's dex_solana.trades decodes the venue, so a swap through an undecoded venue pays the fee and adds no volume. How much is missing is not something this bench can measure, and the adapters keep decoding more: days from Sep 15-17 2026 have been restated upward since.","No take rate column, for noise rather than bias. Axiom's revenue over volume moved between 0.37% and 1.07% over Sep 13-26 2026 against a stated fee of about 1%, which is too unsteady to rank a board on. The 1.2-2.9% this bullet used to cite no longer reproduces: the same days now read 0.51-0.74%. The harness still exports defillama_dex_take_rate, and bench 201 publishes a daily take rate.","pump.fun (slug pump.fun, layer Launchpad): the original bonding-curve launchpad. Users trade tokens directly on the curve; a token graduates to PumpSwap's AMM at roughly $69K market cap. Cut bonding-curve fees to zero on Aug 7 2026.","Axiom (slug axiom, layer Terminal): web-based Solana trading terminal, also live on BNB and Robinhood Chain (Solana volume only here). Charges about 1% per swap, tiered down with volume. Revenue briefly overtaken by Fomo on Aug 6 2026.","GMGN (slug gmgn, layer Terminal): AI-powered trading terminal on Solana. Approximately 1% fee on routed swaps.","fomo Wallet (slug fomo-wallet, layer Terminal): Fomo's DEX routing layer, 0.5% on routed swaps. First crossed Axiom on daily revenue Aug 6 2026.","Trojan (slug trojan, layer Bot): Telegram trading bot on Solana. Lower volume than web terminals but serves a distinct Telegram-native user base.","Photon (slug photon, layer Terminal): Solana trading terminal targeted at advanced traders.","BullX (slug bullx, layer Terminal): Solana and multi-chain trading terminal. Volume fell sharply from its 2025 highs after competitors expanded; now a fraction of peak levels.","PumpSwap is pump.fun's backend AMM where graduated tokens trade. It is not tracked here because its volume overlaps with terminal volume: when Axiom or GMGN route a swap to PumpSwap, that trade appears in both the terminal's figures and PumpSwap's. Tracking PumpSwap alongside the terminals would double-count activity.","Phantom: Phantom Wallet is the largest Solana wallet by user count but does not have its own DeFiLlama DEX slug. Phantom routes swaps through Jupiter and other aggregators, which appear in those protocols' volume figures."],"license":"CC-BY-4.0"}