#noticiascripto 🚨Whales on Hyperliquid are already short selling PUMP, the new token announced by Pump.fun. Two whales made deposits and opened short positions with limited leverage.

Hyperliquid is becoming the place to short PUMP, the token from Pump.fun expected to hit wallets starting July 15. Hyperliquid launched a PUMP-USD futures market at the request of users, allowing only up to 3X leverage.

At the community's request, Hyperliquid #noticiaacripto 🚨🔥Hyper listings of PUMP-USD. You can now open long or short positions with the unreleased token $PUMP with up to 3x leverage. pic.twitter.com/a3T4tjnS87

— Hyperliquid (@HyperliquidX) July 10, 2025

Hyperliquid launched PUMP with what are called hypers, which do not depend on an external oracle. The price discovery of PUMP will depend on market incentives based on funding rates. If too many whales short PUMP, the incentives will favor long positions with more favorable funding rates.

After the launch of the PUMP token, Hyperliquid will switch the pair to its usual perpetual futures. The exchange warned of extreme volatility and low liquidity in the initial PUMP market.