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Pump.fun Enters Perpetual Futures Market With 40x Leverage on BTC and ETH

Pump.fun has launched leveraged Bitcoin and Ethereum trading through a partnership with Hyperliquid, offering up to 40x leverage.

Pump.fun has launched leveraged Bitcoin and Ethereum trading through a partnership with Hyperliquid, offering up to 40x leverage. Bitcoin (BTC) is trading at ₹77,43,446 ($81,414.00). This is an original Token Times brief based on reporting by TronWeekly, with live market data added, as of Sat, 17 Oct 2026 03:00:02 UTC.

Why it matters

This expansion marks Pump.fun's strategic shift into derivatives trading, leveraging Hyperliquid's infrastructure to attract users beyond its memecoin focus. It introduces new risks and regulatory considerations for users.

Key takeaways
  • 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 in certain jurisdictions due to liquidation risks.
The story so far · 2 briefs
  1. Ripple Expands into Traditional Asset Perpetual Futures Market
  2. Pump.fun Enters Perpetual Futures Market With 40x Leverage on BTC and ETH — this brief

Pump.fun has launched a new service offering leveraged trading for Bitcoin and Ethereum through a partnership with Hyperliquid. This marks a significant expansion for the platform, which was previously focused on memecoin trading.

The service utilizes Hyperliquid's liquidity and trading infrastructure, while Pump.fun provides the user interface. This collaboration allows Pump.fun to offer up to 40x leverage on BTC and ETH perpetual futures contracts.

The launch comes with notable risks, including potential liquidations for users who employ high leverage. Additionally, trading restrictions are in place for users in certain jurisdictions, likely due to regulatory concerns and the high-risk nature of leveraged trading.

Hyperliquid's Total Value Locked (TVL) currently stands at $332.8 million, according to DeFiLlama, indicating a substantial amount of liquidity available for trading. However, the platform's TVL has decreased by 1.7% over the past week.

In the broader market context, the total crypto market cap is at $2.8 trillion, with Bitcoin and Ethereum experiencing slight declines of 0.95% and 0.77% respectively over the past 24 hours. The Fear & Greed Index remains in 'Greed' territory at 55, suggesting a moderately positive sentiment despite the recent price movements.

Market reaction since this brief Live

Since this brief published about 2 hours ago, Bitcoin (BTC) has moved from ₹77,48,676.68$81,469.00 to ₹77,43,445.52$81,414.00 — -0.07%.

$81,406$81,424$81,442$81,459$81,477 published · $81,469 now · $81,414 (-0.07%) Oct 17 01:00 UTC Oct 17 03:00 UTC
BeforeSince publishPublished · ₹77,48,676.68$81,469.00
CoinAt publishNowSince publish
BTC₹77,48,676.68$81,469.00₹77,43,445.52$81,414.00-0.07%
ETH₹2,30,232.78$2,420.65₹2,30,162.40$2,419.91-0.03%
HYPE₹7,609.91$80.01₹7,583.28$79.73-0.35%

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 Token Times'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.

What this means in rupee

At today's peer-to-peer rate, 1 BTC ≈ ₹8.39M (about $81,414.00), down 0.7% over 24 hours. The rupee itself trades about 8.4% above the official rate on the P2P market, so a Indian 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.

#1
₹77,43,445.52$81,414.00 ▼ 0.66%
-0.07% since this brief published
7d -1.27%MCap ₹155.64TFull BTC data →
₹2,30,162.40$2,419.91 ▼ 0.69%
7d -2.81%MCap ₹28.11TFull ETH data →
₹7,583.28$79.73 ▼ 1.78%
-0.35% since this brief published
7d -5.21%MCap ₹1.69TFull HYPE data →
The market when this published · October 17, 2026
Total market cap₹266.78T
Bitcoin 24h-0.95%
Ethereum 24h-0.77%
BTC dominance58.4%
Fear & Greed55 · Greed
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 17, 2026.

Hyperliquid TVL$325.73M-1.7% 7dDeFiLlama ↗
SectorOn-chain derivatives$1.81Bacross 18 protocolsDeFiLlama ↗
Ethereum DeFi TVL$49.81BDeFiLlama ↗
Bitcoin DeFi TVL$4.36BDeFiLlama ↗

Token Times 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 40x Leverage o — questions & answers

What cryptocurrencies can be traded with leverage on Pump.fun?

Pump.fun offers leveraged trading for Bitcoin (BTC) and Ethereum (ETH) with up to 40x leverage.

What risks are associated with Pump.fun's new leveraged trading service?

Users face potential liquidation risks due to the high leverage offered, and trading is restricted in certain jurisdictions.

How does Pump.fun provide leveraged trading?

Pump.fun leverages Hyperliquid's trading infrastructure and liquidity to offer leveraged trading services.

How much is 1 Bitcoin worth in rupee today?

About ₹8.39M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $81,414.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.

Has Bitcoin's price moved since this brief was published?

BTC is down 0.07% since this brief first published — trading at ₹77,43,446 ($81,414.00) now versus ₹77,48,677 ($81,469.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from TronWeekly. It is not a copy of any one article — follow the source links above for the original reporting.

Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 17, 2026 ⛓ Timestamped at Bitcoin block #971,785 sha256:690460ace6f7d625
Based on reporting by TronWeekly — this is an original Token Times summary with live market data, not the original article.TronWeekly · Oct 17 01:00 ↗

Original summary — not financial advice. This is an original Token Times 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.