Pump.fun launches BTC and ETH perpetual futures with up to 40x leverage
- —Leverage capped at 40x for BTC and 25x for ETH inside Pump.fun
- —Order book, liquidity and liquidations are handled by Hyperliquid
- —Referring app fee is capped at 0.10% per perpetual order
- —At 40x, a 2.5% price move is enough to wipe out collateral
Why it matters: A memecoin platform moving into derivatives raises retail risk and intensifies competition among perp DEXs.
Source: CryptoTicker