Meteora vs Pump

Meteora is building the most secure, sustainable, and composable yield layer for Solana and DeFi. The protocol powers multiple liquidity models including DAMM, DLMM, Dynamic Bonding Curve, and Dynamic AMM pools. Liquidity providers benefit from dynamic fees, precise liquidity concentration, flexible strategies, and lending yields on stable pairs. Meteora has generated over $1.49 billion in fees, processed more than $259 billion in swap volume, and currently secures $823 million in total value locked. Revenue accrues from swap and trading fees collected across all pool types, with treasury and token holders sharing in protocol earnings.

PumpSwap is the native decentralized exchange of pump.fun on Solana. When a token launched on pump.fun completes its bonding curve, its liquidity migrates directly to PumpSwap instead of a third-party DEX, letting trading continue without migration fees. PumpSwap uses a constant-product AMM and shares part of the trading fees with token creators, which rewards those who launch active tokens. It has become one of the largest DEXs on Solana by volume, driven by memecoin trading, and is part of the PUMP token ecosystem.