Pump.fun Adds Hyperliquid Perps With Up to 0.10% Fees

Pump.fun has introduced a perpetual futures trading interface powered by Hyperliquid's infrastructure, according to updated terms published on Oct. 17. The new feature allows users to trade perpetual contracts through a software interface that routes signed instructions directly to Hyperliquid, which manages order execution, margin, funding payments, liquidations, and settlement.

Fee structure and bridge charges

Under the platform’s documented fee schedule, Pump.fun charges a builder fee of up to 0.10% of an order’s notional value for opening, adding to, or closing a position. Users approve this fee via digital signature before trading. In addition, moving assets through the in-app bridge to or from Hyperliquid carries a transfer fee of up to 0.25%, charged on top of bridge operator costs.

Pump.fun explicitly excludes perpetual orders from its standard general platform fee, which stands at 0.45% for unreferred wallets and 0.40% for referred wallets. Hyperliquid maintains separate trading fees, funding rates, and a one-time account activation fee deducted from the user's initial deposit. Maximum leverage settings identified in earlier application data reached 40 times for Bitcoin and 25 times for Ether.

Geographic access restrictions

The service terms restrict access for individuals and entities located in the United States, its territories, and Ontario, Canada. Prohibitions also extend to sanctioned parties and representatives acting on behalf of restricted users. The terms warn traders that leveraged derivatives carry total collateral liquidation risks.

Key facts

• Fee ceilings: Order builder fees cap at 0.10%, while bridge transfers carry up to a 0.25% fee.
• Infrastructure provider: Hyperliquid handles margin, order books, liquidations, and settlement.
• Geographic blocks: Users in the United States, U.S. territories, and Ontario are excluded from perpetual trading.
• Platform fee exemption: Perpetual orders are exempt from Pump.fun’s general platform fee of 0.40%–0.45%.