According to DefiLlama data as of October 23, 2026, BisonFi processed between $312 million and $380 million in 24-hour trading volume, compared with about $259 million for PumpSwap. Over the past 30 days, its volume stood between $8.3 billion and $8.6 billion, while lifetime trading volume surpassed $88 billion, with total value locked at approximately $20.8 million. The proprietary automated market maker uses its own capital and off-chain pricing models to offer tighter spreads, attracting flow in particular through Jupiter. Proprietary automated market makers, including BisonFi and Tessera, account for an estimated 25% to 30% of Solana DEX volume, but their model places greater trust in the operator than open liquidity pools.
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