Goldfish, I was just about to say $PUMP was just running on sentiment, but the numbers slapped me in the face.
Binance: 0.00452, up 9.9% on the day, just 1.5% off the high.
Daily fees: pump.fun about $1.74M (+10%); PumpSwap about $2.91M (+10%).
OKX long funding rate at the 0.01% cap; HL open interest about $140M / daily volume $97M, a ratio of 1.4.
Fees are hot, funding is maxed, and price is still running—I’m betting on the heat with funding costs. If the ratio drops back to 1, this trade is off.
#PUMP结构 #LaunchpadFees
Binance: 0.00452, up 9.9% on the day, just 1.5% off the high.
Daily fees: pump.fun about $1.74M (+10%); PumpSwap about $2.91M (+10%).
OKX long funding rate at the 0.01% cap; HL open interest about $140M / daily volume $97M, a ratio of 1.4.
Fees are hot, funding is maxed, and price is still running—I’m betting on the heat with funding costs. If the ratio drops back to 1, this trade is off.
#PUMP结构 #LaunchpadFees