Pump.fun Adds Perpetual Futures, Bars U.S. Users From the Feature

Pump.fun has added perpetual futures to its interface but bars U.S. users, sending signed orders to Hyperliquid for execution and settlement. Hyperliquid also holds the resulting positions and collateral. The Perps feature extends Pump.fun’s coin-creation service into derivatives trading. Pump.fun acts as the software interface: users submit signed orders through it, while Hyperliquid matches and executes them. The U.S. restriction applies to people located in the country, its residents, and people or entities incorporated or organized there. The restriction also covers other users and jurisdictions. Positions may be liquidated, and traders can lose all the collateral they post. Prices, margin levels and liquidation levels displayed in Pump.fun’s interface may differ from Hyperliquid’s execution. If access to Pump.fun’s feature ends, open positions may remain on Hyperliquid.

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