Pump.fun Launches Hyperliquid Futures with Tiered Fee Structure

The new interface functions as a software bridge that transmits signed trading instructions directly to Hyperliquid. While Pump.fun facilitates the connection, its updated terms clarify that the platform does not act as a counterparty to these trades. Beyond the primary 0.10% builder fee applied to opening or closing positions, users face an additional 0.25% charge for asset transfers through the platform’s bridge, distinct from Hyperliquid’s native protocol costs.

This rollout follows a period of data discovery regarding the platform's trading capabilities, with earlier reports indicating maximum leverage thresholds of 40x for Bitcoin and 25x for Ether. Although the platform now displays a dedicated perpetuals section, Pump.fun remains distinct from external efforts to bring regulated energy-related derivatives to the U.S. market. Hyperliquid continues to operate its own ecosystem independently, having previously established a significant revenue footprint alongside Pump.fun’s Solana-based launchpad activity.