Pump.fun’s new Hyperliquid integration brings leveraged perpetual trading to the memecoin crowd.
Pump.fun is no longer just a memecoin launchpad. The platform is on leveraged perpetual futures trading in its application, and it relies on Hyperliquid for the heavy lifting.
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Plumbing: Pump.fun connects via Hyperliquid manufacturer codesa setup that allows external apps to transfer user orders into Hyperliquid’s books and pocket a share of the fees. Hyperliquid’s HyperCore engine matches and executes liquidations.
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Leverage: Early reports establish maximum leverage of 40x on BTC and 25x on ETH. Criminals are banned in the United States and Ontario.
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Preparing the background: Perps data first appeared in Pump.fun’s API around October 9, and the launch follows the integration of the platform’s HyperEVM spot trading in August.
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Interesting moment: Pump.fun briefly surpassed Hyperliquid on a weekly basis in late September. Now he directs his traders directly to Hyperliquid’s order books, a beautiful snapshot of the building code era, where interfaces and sites can be both rivals and partners.
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