Perpetuals · Arbitrum L2
PumpSwap Alternative: Meme Coin DEXs vs PUMP Perpetuals
PumpSwap led Solana DEX volume with $19.24B in 30 days; Raydium and Meteora are the main alternatives. For PUMP price exposure, EVEDEX offers a PUMPFUN-USD perpetual: 75x up to $30,000 notional.
PUMPFUN-USD on EVEDEX at a glance
PUMPFUN-USD terms as of September 15, 2026, from EVEDEX trading terms, fee schedule and CoinGecko.
PumpSwap alternatives compared
Where Solana meme coins trade besides PumpSwap, plus EVEDEX, a perp DEX with PUMP and other meme perpetuals. Pool fees in detail: our best Solana DEX guide.
| Platform | 30-day activity | Fees | Best for | Drawbacks |
|---|---|---|---|---|
| PumpSwap | $19.24B volume, 25% of Solana DEXs | 0.30% to 1.25% by market cap | Graduated pump.fun coins | Up to 1.25% fee; rug-pull risk |
| Raydium | $6.61B volume; $1.13B TVL | 0.25% on most pools | Deep pools and LaunchLab launches | A third of PumpSwap volume; unvetted tokens |
| Meteora | $5.95B DLMM; $281.6M launch pools | Base fee plus volatility fee | Dynamic Bonding Curve launches | Unpredictable fee; same rug-pull risk |
| Jupiter | $16.0B routed as aggregator | 10 bps; 50 bps on new tokens | Best route across all pools | Holds no liquidity; pool fees add up |
| EVEDEX: not a spot DEX, perpetuals instead of spot swaps | $8.53M PUMPFUN-USD open interest | 0.015% maker, 0.045% taker | Long or short PUMP with USDT | No new launches |
Why trade meme coins on EVEDEX
Trade meme coin prices without launch pools: fixed listings, flat fees and both directions.
No copied tickers
EVEDEX lists a fixed set of meme perpetuals, so there is no mint address to verify and no fake pool to hit.
Six meme markets
PUMP, 1000BONK, FARTCOIN, PENGU, 1000PEPE and DOGE each allow up to 75x, on positions up to $30,000 notional for PUMP.
Flat low fees
0.015% maker and 0.045% taker on every pair, against up to 1.25% on low-cap PumpSwap pools.
Short the hype
A perpetual lets you go short as easily as long, which a spot swap cannot do.
Connect your wallet
Log in to the EVEDEX exchange with your wallet. There is no traditional KYC; deposits pass AML screening.
Deposit USDT
Fund your account from 6 USDT. The first deposit deploys a personal deposit contract on Arbitrum for about 0.1 USDT.
Open PUMPFUN-USD
Choose long or short and set leverage within the pair cap. The minimum order is 5 USDT.
Perpetual or launch pool?
New launches need a DEX; established meme coins can also trade as contracts.
A pump.fun coin trades on its bonding curve at a 1.25% fee, then moves to a canonical PumpSwap pool after graduating for 0.015 SOL. Only DEX pools list those fresh coins. The PUMPFUN-USD perpetual on EVEDEX is different: you post USDT margin, never receive PUMP tokens, and pay or receive funding calculated every 8 hours and charged hourly. It suits a view on PUMP's price, not buying a coin launched today. EVEDEX lists 52 perpetual pairs and settles on Arbitrum L2.
Risk disclosure
New meme coins carry a high risk of total loss, and leveraged perpetuals can lose your entire margin quickly. Perpetual futures carry a high risk of loss. EVEDEX services are not intended for UK retail clients.
PumpSwap alternative questions
PumpSwap is the decentralized exchange run by pump.fun on Solana. Coins that complete the pump.fun bonding curve get a canonical PumpSwap pool, where fees run from 1.25% to 0.30% depending on market cap. It led Solana DEX volume with $19.24B in the 30 days to September 15, 2026, according to DefiLlama.
Pump.fun is a Solana launchpad where anyone can create a coin for 0 SOL and trade it on a bonding curve from the start. Trades on the curve carry a 1.25% total fee. DefiLlama counted $2.48B of pump.fun bonding curve volume in the 30 days to September 15, 2026.
Pump.fun lists each new coin on a bonding curve, where the price rises as people buy. Every trade pays a 1.25% fee split between the creator and the protocol. When a coin completes the curve, it graduates for 0.015 SOL and moves to a canonical PumpSwap pool for open trading.
Creating a coin on pump.fun costs 0 SOL or 0 USDC, according to its fee page last updated on May 20, 2026. A 0.015 SOL fee applies when the coin graduates to PumpSwap, and creators then receive part of the trading fee, for example 0.30% on low-cap canonical pools.
Open the coin page on pump.fun, connect the wallet that holds the coin, choose Sell, enter the amount and sign. Before graduation you sell into the bonding curve at a 1.25% fee; after graduation the trade routes to the PumpSwap pool, where the fee depends on market cap.
A coin ticker on pump.fun is the short symbol a creator picks, such as a few capital letters. Tickers are not unique, so several coins can share one name. Always identify a coin by its Solana mint address, which is unique, before buying on pump.fun, PumpSwap, Raydium or Jupiter.
PumpSwap had the highest DEX volume on Solana in the 30 days to September 15, 2026: $19.24B of $75.8B, according to DefiLlama. BisonFi followed with $8.80B, Orca with $7.45B and Raydium with $6.61B, while Jupiter routed $16.0B as an aggregator.
Jupiter is a DEX aggregator rather than a pool-based DEX. It holds no swap liquidity and splits each order across PumpSwap, Raydium, Meteora, Orca and other pools. It charges 10 bps on most pairs and 50 bps on tokens under 24 hours old, and routed $16.0B in 30 days.
