With Pump.fun’s Token Sale Looming, PUMP Stays 40% Above Its ICO Price on Hyperliquid

Pump.fun’s PUMP Token Trades at 40% Premium as ICO Nears and Binance Futures Listing Approaches

Pump.fun’s forthcoming token launch is already creating buzz, with its native token PUMP fetching prices well above its initial offering even before the public sale kicks off.

On the derivatives platform Hyperliquid, PUMP is trading around $0.0056, representing a 40% premium over its planned ICO price of $0.004. The PUMP-USD perpetual futures contract went live on July 9 following strong community demand, offering traders up to 3x leverage. In its first 24 hours alone, the contract notched up $30 million in trading volume.

Open interest on Hyperliquid has now climbed above $17 million, signaling sustained trader interest. The spotlight is set to intensify further when Binance Futures lists its own PUMP perpetual contracts at 07:30 UTC on July 10, potentially bringing a surge in liquidity and broader market attention.

ICO Structure and Tokenomics

Pump.fun’s ICO will allocate 33% of its total 1 trillion PUMP token supply, split between private and public rounds. So far, 18% has been sold privately, while 15% is reserved for the public ICO, both priced at $0.004. In contrast to many token launches, the entire token supply will be fully unlocked at launch, enabling immediate trading and liquidity—a detail likely contributing to early speculative interest.

Pump.fun’s Broader Vision

PUMP isn’t merely another meme token. It sits at the core of Pump.fun’s vision to build a Web3-native social platform designed to rival giants like TikTok, Twitch, and Facebook. Unlike traditional social networks, Pump.fun aims to financially reward users and creators, creating a decentralized ecosystem where participants directly benefit from the platform’s growth.

Since early 2024, Pump.fun has emerged as a major player in the Solana ecosystem, taking advantage of Solana’s fast, low-cost transactions to fuel an explosion in token launches. The project has generated over $600 million in revenue, primarily from fees tied to launching new meme coins, cementing its role as a significant force in the Solana on-chain economy.