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Pump.fun App launches Hyperliquid perpetual contracts, supporting crypto, stocks, and commodities

BlockBeats news, October 29 - According to Pump.fun's official Twitter, Pump.fun has partnered with Hyperliquid to launch perpetual contract (Perps) trading on the Pump.fun App. Users can directly use USDC or SOL in their wallets without cross-chain bridging to go long or short on crypto assets, stocks, and commodities, connecting to Hyperliquid's on-chain perpetual engine.


The official statement said that over 300 Hyperliquid markets are tradable within the App, with support for position Callout and follow rewards. In terms of leverage, BTC offers up to 40x, ETH up to 25x, individual stocks such as Tesla (TSLA) and Nvidia (NVDA) up to 20x, and the S&P 500 up to 50x; isolated margin is used, with take-profit and stop-loss orders settable at position opening and adjustable afterward. Fees are 0.05% per trade, plus Hyperliquid's standard fees.

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Hyperliquid's open interest and trading volume have continued to hit new highs. However, due to the HIP-3 fee-sharing mechanism, the rise of third-party markets, and a lackluster ecosystem, the platform's retained earnings have been declining steadily. The HYPE buyback pressure, valuation support, and regulatory scrutiny are all under pressure simultaneously.
This is the ultimate battleground where a 50x leverage whale frequently appears, causing billion-dollar contract liquidations and gains/losses of millions of dollars.
This is the ultimate battleground where a 50x leverage whale frequently appears, causing billion-dollar contract liquidations and gains/losses of millions of dollars.
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