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Trade pump.fun perps on

Trade PUMP-PERP ↗

OCT 25, 2026

4 MIN READ

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PUMP is the token of pump.fun, the memecoin launchpad on Solana. It first traded anywhere on Aevo, listed on 16 June 2025, before any official token existed. Today PUMP-PERP is a standard perp in the same cross-margin account as BTC and ETH.

Mark price$0.00418
Index price$0.00419
Mark vs index-0.072%
Funding rate (1h)+0.0010%
Open interest$16.1K
Max leverage3x
SettlementUSDC

Snapshot from 25 October 2026. These figures refresh from the Aevo public API when it is reachable from this page. Funding is shown per one-hour funding period.

Figure 1 / Live

Index price, last 7 days

-2.15% over 7 days
7-DAY HIGH $0.0052LOW $0.0039

Hourly index prices over the 7 days to 25 October 2026. The chart refreshes from the Aevo public API when it is reachable from this page.

01

PUMP in numbers

16 Jun 2025

Aevo lists PUMP, its first venue anywhere

$4.40+

Early price on Aevo, quoted on the market's original supply assumption

~26%

Share of the memecoin DEX market held by pump.fun and PumpSwap in mid-2025

02

From first listing to perp

Aevo listed PUMP on 16 June 2025, when pump.fun had announced a token but nothing traded anywhere. The book priced PUMP above $4.40 in its first hours, on the supply the market assumed at the time, and the market later became a standard perp once a reliable index existed.

03

PUMP-PERP at a glance

Parameter

Value

Quote and settlement

USDC. USDT accepted as collateral since 18 Aug 2026

Quote and settlement

USDC. USDT accepted as collateral since 18 Aug 2026

Funding

Exchanged between longs and shorts, shown on the ticket

Funding

Exchanged between longs and shorts, shown on the ticket

Account

Same cross-margin pool as every other Aevo position

Account

Same cross-margin pool as every other Aevo position

Leverage, margin and liquidation fee

Set per market. Liquidation fees are 1% on tier 1 perps and 3% on tier 2, so check the ticket

Leverage, margin and liquidation fee

Set per market. Liquidation fees are 1% on tier 1 perps and 3% on tier 2, so check the ticket

04

What moves the price of PUMP?

  • Launchpad activity. The number of new tokens launched and traded on pump.fun is the clearest read on demand.

  • Memecoin sentiment. PUMP tends to move with the speculative end of the market.

  • Supply events. Unlocks and distributions add selling pressure on known dates.

  • Liquidity. Thinner books mean larger moves per dollar traded.

05

PUMP-PERP liquidation price calculator

Memecoin perps can move 15% in a day. The calculator starts at 3x, and you should set the maintenance margin to the figure on the PUMP ticket.

Figure 2 / Interactive

Where does a leveraged position get liquidated?

Liquidation price69.67
Move against you30.3%
Initial margin33.3%
406080100120140160ENTRY 100LIQUIDATION 69.7LONG: LOSS RISK TO THE LEFT
Simplified isolated-margin model with an entry price of 100. It ignores fees and funding, which move the real liquidation price. Aevo’s standard perpetual maintenance margin is 3%.

06

Risks of a memecoin perp

  • Volatility. The same leverage reaches liquidation far faster than on Bitcoin.

  • Funding spikes. One-sided positioning can push funding high for long stretches.

  • Thin books. Market orders in size cost more in slippage.

  • Event risk. Unlocks and listings elsewhere can move the price within minutes.

Ready to trade PUMP?

PUMP-PERP in the same account as your other positions.

Trade PUMP-PERP ↗

WHERE TO GO NEXT

Browse every crypto perpetual market on Aevo with live mark and index prices, such as the Bitcoin perps market. To trade perps with an options hedge built in, see the perps dex. New to funding and liquidation? Start with how to trade perpetual futures.

07

Frequently asked questions

What is PUMP-PERP on Aevo?

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When did PUMP first trade on Aevo?

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Can I hedge a PUMP perp with PERPS+?

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Is PUMP riskier than BTC?

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Open the PUMP perp

A fast market. Size it carefully.

Trade PUMP-PERP ↗

MARKET

PUMP-PERP

COLLATERAL

USDC AND USDT

FIRST LISTED

16 JUNE 2025

HOURS

24 / 7 / 365

MARKETS / PUMP / PUMP-PERP

Market pages are for information only and aren’t financial advice. Perpetual futures are leveraged and you can lose your full position. Live figures come from the Aevo public API and can change.