Pump.fun perpetual futures offer Bitcoin traders up to 40x leverage

PUMP rose 3.92% to $0.004649 over 24 hours following the launch of Pump.fun’s perpetual futures service, which brings leveraged Bitcoin and Ethereum trading to the platform through Hyperliquid. The expansion gives Pump.fun a derivatives interface, while Hyperliquid runs the underlying trading infrastructure. Key takeaways Pump.fun offers leverage of up to 40x on Bitcoin and 25x on Ethereum. Hyperliquid manages execution, margin, funding, liquidations and settlement. Pump.fun’s fee ceilings are 0.10% per order and 0.25% per bridge transfer. The service excludes users in the United States, Ontario and other restricted regions.

Source: The Cryptonomist