Post #399

Last week, Hyperliquid was the first major venue to offer PUMP prelaunch trading. It became the main platform for price discovery leading up to PUMP’s highly anticipated TGE, with over $400M in open interest and $600M in 24h volume as a prelaunch perp. Following TGE, Hyperliquid was also the first major venue to offer spot trading of PUMP through Unit. It remains one of the most liquid venues to trade PUMP spot. Hyperliquid continues to support the movement of capital formation and price discovery onchain. This trend is reflected in four consecutive days of open interest all-time highs. Today’s OI reached $12.1B.