DeFi· ★★★· neutral·

Pump.fun launches BTC and ETH perpetual futures powered by Hyperliquid

  • —Leverage up to 40x on BTC and 25x on ETH
  • —Funding rates and open interest sourced from HyperCore
  • —Hyperliquid's perpetual market saw $12.43 billion in daily volume in late August 2026
  • —Pump.fun previously added HyperEVM support for USDC spot trading
Why it matters: Hyperliquid is becoming backend infrastructure for consumer-facing crypto apps, intensifying competition in the perpetuals market.
Source: Crypto Briefing