DEX volume surges nearly 4x to $12.9B as memecoins return
The surge is broad but fragmented, with Base, Solana, Hyperliquid and Robinhood ecosystems each producing local gainers instead of one market-wide leader.
Every Zipp story tagged #Memecoins, newest first.
The surge is broad but fragmented, with Base, Solana, Hyperliquid and Robinhood ecosystems each producing local gainers instead of one market-wide leader.
The breadth is the stronger signal: all eight listed categories posted median gains of at least +12.2% over the past week.
The episode highlights a recurring on-chain tradeoff: transparency can turn a public address into a trading signal while attracting unwanted token transfers.
The leaderboard is a narrow altcoin signal: the strongest moves were concentrated in memecoins rather than spread across the broader market.
Meme and AI-agent tokens are driving the gains, but demand remains concentrated and a broad Base rally has yet to emerge.
The contraction signals weaker speculative demand, while Murad’s memecoin-only portfolio lost roughly 85%, falling from a $67M peak to around $10M in one year.
The chain beat Solana's $10.6B and Ethereum's $5.8B in weekly DEX flow, but the price still needs to clear the $620 to $646 resistance before any breakout call sticks.
Perps show ~78% of active accounts net long and open interest above $1.1B, an imbalance that fuels a continuation higher but leaves the tape one sharp rejection away from cascading liquidations.
The mechanic only fires after a token bonds, so the lift is behavioural, not structural — and it tells you something about how Solana memecoin creators price the path to Raydium.
When listing activity cools, the categories that flooded in first tend to get cleaned out first, and H1 2026 followed that pattern: DeFi, then GameFi, then memecoins.
Six straight quarters of decline have brought quarterly new-token listings to their lowest since Q3 2023, a quiet signal that the speculative bid that powered the cycle is unwinding.
Tokenized assets took the top slot while memecoins faded and delistings outpaced new tokens, painting a market still rotating rather than broadening.
The Wall Street-broker-built L2 has crossed a half-billion-dollar day and is onboarding 140K+ fresh wallets in 24 hours, with memecoin trading driving most of the flow.
Record DEX volume pairs with ~200K daily active addresses and a meme-coin launch wave, suggesting retail-driven throughput, not just one whale's flow.
Pump.fun weekly volume just cleared $5B for the first time since March, but the same sniper-and-bundler mechanics that drove the last cycle are already re-activating.
Memecoins and attestation plays led the chain's June ranking, with Audiera topping a thin field while broader majors sat out the rally.
Meme launchpad's task-for-rewards marketplace has paid out $370K since June 4, but Governor Hochul and X's Nikita Bier are among those publicly calling it out.
PumpFun's token graduation rate has fallen roughly 80% over the past three months, dropping to 0.26%, according to data…
The meme coin sector's combined market cap has collapsed from $135.06 billion in November 2024 to $24.48 billion by…
The new bounty product's first major controversy — a misspelled-ticker forehead tattoo that minted a $600K Solana token — is reopening questions about who actually captures upside when memecoin…