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List of Flash News about decentralized exchange earnings

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Phantom Wallet Revenue Surges: $17M in April from 0.85% In-App Swap Fee Revealed

According to @AltcoinGordon, Phantom Wallet generated $17 million in April 2025 solely from its 0.85% in-app swap fee (source: https://twitter.com/AltcoinGordon/status/1921141302067933570). This strong revenue performance highlights robust user activity and growing DeFi participation on the Solana network. For traders, this signals increasing liquidity and transaction volume on Solana-based decentralized exchanges, potentially making SOL and top Solana ecosystem tokens more attractive for trading. The platform's profitability could attract further institutional and retail interest, positively impacting Solana's overall crypto market positioning.

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