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PUMP token rises 3.92% as Pump.fun launches leveraged Bitcoin and Ethereum perpetual futures.

Market News
17 Oct 2026
Blockonomi
View Source
Bullish
PUMP token rises 3.92% as Pump.fun launches leveraged Bitcoin and Ethereum perpetual futures.

Pump.fun has expanded its trading services by launching perpetual futures contracts for Bitcoin and Ethereum with leverage up to 40x and 25x respectively, powered by Hyperliquid's infrastructure. This new offering allows traders to open long or short positions without owning the underlying assets, though leveraged trades carry liquidation risks. The PUMP token price responded positively, rising nearly 4% following the launch, reflecting growing trader interest. Pump.fun charges up to 0.10% per order and restricts trading in certain regions, while Hyperliquid manages execution and margin requirements. This expansion marks a significant step for Pump.fun as it diversifies revenue beyond memecoin trading and taps into the growing demand for decentralized derivatives.

Following the launch of Hyperliquid perpetual futures on Pump.fun, the PUMP token has seen a positive response from traders. On Pluang, PUMP trades at Rp83 with a 3.72% increase as of Oct 17, 2026 18:02 WIB. Trading activity on Pluang shows a strong buying interest at 71%, with a typical hold time of 28 days, indicating growing engagement with the token amid its expanding trading options.

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