Pump.fun Enters Perpetual Futures Market With Up to 40x Leverage
Pump.fun has launched Bitcoin and Ethereum perpetual futures contracts with up to 40x leverage, expanding beyond memecoin trading.
Pump.fun has launched Bitcoin and Ethereum perpetual futures contracts with up to 40x leverage, expanding beyond memecoin trading. Bitcoin (BTC) is trading at $81,365.00, down 0.1% since this brief published. This is an original TLT brief based on reporting by TronWeekly, with live market data added, as of Sat, 17 Oct 2026 02:45:01 UTC.
This move marks Pump.fun's strategic shift into the derivatives market, leveraging Hyperliquid's infrastructure to offer high-risk trading products that could attract more active traders while also introducing significant liquidation risks.
- Pump.fun now offers BTC and ETH perpetual futures with up to 40x leverage.
- The platform uses Hyperliquid's liquidity and trading infrastructure.
- Trading restrictions apply for users in certain jurisdictions.
- Hyperliquid's TVL is $333.55M, down 1.7% over the past week.
- Ripple Expands Institutional Access to $9B Perpetual Futures Market
- Pump.fun Enters Perpetual Futures Market With Up to 40x Leverage — this brief
Pump.fun has expanded its platform beyond memecoin trading by introducing 
Bitcoin and 
Ethereum perpetual futures contracts with up to 40x leverage.
The new service leverages 
Hyperliquid's liquidity and trading infrastructure, while Pump.fun provides the user interface. This partnership allows Pump.fun to offer high-leverage trading without building its own liquidity pools.
The launch comes with notable risks, as users face potential liquidation if their trades move against them. Additionally, trading restrictions are in place for users in certain jurisdictions, suggesting regulatory compliance considerations.
Hyperliquid's Total Value Locked (TVL) currently stands at $333.55 million, according to DeFiLlama, marking a 1.7% decrease over the past week. This indicates that while Hyperliquid's infrastructure is being utilized for this new service, its overall liquidity pool has seen a slight decline recently.
In the broader market context, the total crypto market cap is at $2.8 trillion, with Bitcoin trading at $81,469 (-0.95% 24h) and Ethereum at $2,420.65 (-0.77% 24h). The Fear & Greed Index is at 55, indicating a state of 'Greed' among investors.
Since this brief published about 2 hours ago, Bitcoin (BTC) has moved from $81,469.00 to $81,365.00 — -0.13%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₦110.78M (about $81,365.00), down 0.9% over 24 hours. The naira itself trades about 2.2% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 17, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Pump.fun Enters Perpetual Futures Market With Up to 40x Leve — questions & answers
What new features did Pump.fun launch?
Pump.fun launched Bitcoin and Ethereum perpetual futures with up to 40x leverage.
What infrastructure does Pump.fun use for its new service?
Pump.fun uses Hyperliquid's liquidity and trading infrastructure for its new futures contracts.
Are there any restrictions on using the new service?
Yes, users in certain jurisdictions face trading restrictions.
How much is 1 Bitcoin worth in naira today?
About ₦110.78M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $81,365.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.13% since this brief first published — trading at $81,365.00 now versus $81,469.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from TronWeekly. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.