Pump.fun launched its integration with the decentralized derivatives market Hyperliquid on October 28. Thanks to this integration, users of the Pump.fun app can trade perpetual futures on Hyperliquid without having to bridge their USDC balances or use an additional app. It was reported that trading volume for perpetual futures reached approximately $82 million within the first 48 hours of the launch. Assuming that only 1–2% of the app’s daily active users are trading, this figure has raised expectations that daily volume could reach hundreds of millions or even billions of dollars with higher user participation. Additionally, with the parent company of the New York Stock Exchange integrating Hyperliquid into its own derivatives infrastructure, market expectations for the HYPE token have also risen.

#Hyperliquid $HYPE