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Pump.fun Launches Hyperliquid-Based Perpetual Futures Trading Service

Source
JH Kim

Summary

  • Pump.fun said it has launched a Hyperliquid-based perpetual futures trading service.
  • Users can trade products tied to cryptocurrencies, stocks and commodities without separate asset bridging.
  • The service allows users to open perpetual futures positions using their existing USDC balances.

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Photo: Shutterstock
Photo: Shutterstock

Crypto platform Pump.fun has launched a perpetual futures trading service built on Hyperliquid. Users can trade cryptocurrencies as well as products tied to stocks and commodities without having to bridge assets separately.

Cointelegraph reported on October 28 that Pump.fun introduced perpetual futures trading powered by Hyperliquid's trading infrastructure.

The service allows users to open perpetual futures positions using their existing USDC balances. They do not need to move assets to another blockchain to trade.

The offering includes not only cryptocurrencies, but also perpetual futures products based on stocks and commodities.

#Futures Market
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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