Pump.fun’s native token, PUMP, is trading at a 40% premium over its ICO price of $0.004 on Hyperliquid, currently at $0.0056. This surge comes ahead of its public token sale set for July 12–15. Within 24 hours of launch, the PUMP-USD perpetual pair on Hyperliquid saw $30 million in trading volume and $17 million in open interest. Pump.fun, originally a Solana-based memecoin launchpad, is shifting toward decentralized social media. It plans to release 150 billion fully unlocked tokens, representing 15% of its total supply. Binance Futures is also listing a PUMP perpetual contract, signaling strong exchange confidence.