Pump.fun Expands to HyperEVM with USDC Trading on Hyperliquid Network
Key Facts
In a move reflecting the accelerating expansion within the decentralized finance ecosystem, Pump.fun has announced the expansion of its services to the HyperEVM virtual machine. According to reports, this integration enables users to trade assets issued on HyperEVM using trading pairs denominated in the USDC stablecoin, enhancing trading options on the Hyperliquid Layer 1 network.
This expansion comes amid significant growth for the Hyperliquid network, with analyst data showing total value locked (TVL) reaching $1.59 billion. The network also reported robust spot DEX volumes of $503 million within a 24-hour period, underscoring the increasing adoption of its infrastructure by major launchpads like Pump.fun.
Looking ahead, Pump.fun aims to leverage the growing liquidity within the Hyperliquid ecosystem while providing users with more stable trading options via stablecoins.
Latest Updates · 1
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Update: New financial data reveals that Pump.fun's revenue has surpassed that of the Hyperliquid network itself, with daily earnings reaching $2.72 million compared to the network's $2.30 million. Furthermore, the platform's trailing 30-day revenue hit $51.33 million, outperforming Hyperliquid's $47.41 million, underscoring the platform's significant economic scale following its recent expansion.