{"id":36097,"date":"2025-07-10T06:46:41","date_gmt":"2025-07-10T06:46:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=36097"},"modified":"2025-07-10T06:46:41","modified_gmt":"2025-07-10T06:46:41","slug":"pump-lingers-at-40-premium-over-ico-price-on-hyperliquid-ahead-of-pump-fun-token-sale","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=36097","title":{"rendered":"PUMP Lingers at 40% Premium Over ICO Price on Hyperliquid Ahead of Pump.fun Token Sale"},"content":{"rendered":"<div>\n<p>Pump.fun\u2019s official token, PUMP, is trading at a mark price of $0.0056 on derivatives platform Hyperliquid, a value 40% above its upcoming ICO price, as futures begin pricing in demand ahead <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/07\/09\/pumpfun-to-launch-pump-token-via-ico-on-july-12\">of the July 12 token sale<\/a>.<\/p>\n<p>The token\u2019s PUMP-USD perpetual pair went live on July 9 following community requests, offering up to 3x leverage. In its first 24 hours, the pair generated $30 million in trading volume, suggesting strong speculative interest despite the token not yet being live on-chain.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/df1cf973004b53065389db63707ff26f4096f965-1189x495.png?auto=format\" alt=\"(Hyperliquid)\" title=\"(Hyperliquid)\"><\/p>\n<p>Open interest stood at over $17 million as of Asian morning hours Thuesday, but activity is expected to accelerate after Binance Futures launches its own PUMP perpetual contract on July 10 at 07:30 UTC.<\/p>\n<p>The Pump.fun ICO will distribute 33% of PUMP\u2019s total 1 trillion token supply, with 18% already sold in a private round and 15% reserved for the public sale, both priced at $0.004. All tokens will be fully unlocked at launch.<\/p>\n<p>Pump.fun is positioning the token as part of a broader strategy to build a decentralized social platform pitched as a Web3-native alternative to TikTok, Twitch, and Facebook, where users are rewarded with money, not just engagement.<\/p>\n<p>The protocol has already generated over $600 million in revenue, largely from fees on meme coin launches, and has been at the center of Solana\u2019s low-friction token boom since early 2024.<\/p>\n<p><strong><em>Read more:<a href=\"https:\/\/www.coindesk.com\/markets\/2025\/07\/09\/pumpfun-to-launch-pump-token-via-ico-on-july-12\"> Pump.fun to Launch PUMP Token via ICO on July 12<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Pump.fun\u2019s official token, PUMP, is trading at a mark price of $0.0056 on derivatives platform Hyperliquid, a value 40% above its upcoming ICO price, as futures begin pricing in demand ahead of the July 12 token sale. The token\u2019s PUMP-USD perpetual pair went live on July 9 following community requests, offering up to 3x leverage. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-36097","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36097","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36097"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36097\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}