Perpetual markets for pump.fun

Be the house.
Not just the trader.

Trade pump.fun coins with leverage, or supply the SOL that sits on the other side. One market. Two ways to participate.

Markets liveSettled in SOLUp to 5× leverage
$FROG
Perp · SOL
15m1H4H
0.00004382
LongShort
1×2×3×4×5×
Margin
4.00 SOL
Position
12.00 SOL
Liq. price
0.00003681
Fee
0.030 SOL
Long FROG
Pool liquidity
167.4 SOL
62% utilized
13
Markets
3,842 SOL
Liquidity
1,164 SOL
Open interest
94.2 SOL
LP fees earned
FROG0.00004382+18.4%MOGG0.00011200-4.6%GLOOP0.003910+7.2%WICK0.00093400+2.1%BRIK0.021800+11.1%TEMPO0.007620-8.9%HUSK0.00028700+34.2%QUILL0.013400+1.4%NOVA0.00048000+5.9%FROG0.00004382+18.4%MOGG0.00011200-4.6%GLOOP0.003910+7.2%WICK0.00093400+2.1%BRIK0.021800+11.1%TEMPO0.007620-8.9%HUSK0.00028700+34.2%QUILL0.013400+1.4%NOVA0.00048000+5.9%

Every trade needs
someone on the other side.

On centralized venues that side is a market maker you never see. Here it is a SOL pool that anyone can fund.

Traders post margin and take leveraged exposure to a pump.fun coin. The pool takes the opposite side and collects trading fees, funding, borrow, skew and liquidation flow.

Liquidity earns. Traders trade. Same market, two roles.

Market structure
Trader
Margin · leverage
01
Fees · funding · borrow
Perp pool
SOL counterparty
02
Distributed to shares
Liquidity providers
Shares · fee flow
03

Trade.

Take a side. Long or short, up to 5×, settled in SOL against a pool with published capacity.

FROG0.00004382+18.4%
MOGG0.00011200-4.6%
GLOOP0.003910+7.2%
Trade markets →

Provide liquidity.

Become the counterparty. Deposit SOL, receive pool shares, earn what the market pays to trade.

Pool NAV186.24 SOL
7D fee APR43.8%
Utilization39.7%
Explore pools →
Live markets

Trade what's moving.

View all markets →
MarketMark24HLiquidityOIFunding
FrogsmithFROG0.00004382+18.42%186.2 SOL74 SOL+0.016%
MoggingtonMOGG0.00011200-4.62%412.9 SOL160.1 SOL-0.023%
GloopcoreGLOOP0.003910+7.21%268.5 SOL130.8 SOL+0.043%
WicklineWICK0.00093400+2.14%96.8 SOL48.2 SOL-0.014%

Simple mechanics.
Serious markets.

01

Pick a market.

Browse pump.fun coins with active perpetual pools. Liquidity, open interest and skew are published before you enter.

02

Take a side.

Go long or short and select leverage up to 5×. The pool quotes fees, funding and liquidation price up front.

LongShort
1×2×3×4×5×
03

Settle in SOL.

Positions mark against the underlying market and settle directly in SOL. Margin, fees and payouts share one denomination.

Settlement
+1.208 SOL
For liquidity providers

The pool
is the house.

Deposit SOL into markets you believe will generate trading activity. Every position taken against the pool creates potential fee flow for LPs.

Explore liquidity pools →
Pool snapshot
Pool value
186.24 SOL
Long OI
42.8 SOL
Short OI
31.2 SOL
Utilization
39.7%
7D fee APR
43.8%
Deployed liquidity

Built for markets
that move fast.

Open liquidity

Markets don't depend on one market maker. SOL liquidity can come from the crowd.

SOL settlement

Margin, pool deposits, trading fees and payouts share one denomination.

Transparent capacity

See liquidity, open interest, skew, utilization and limits before entering.

Every coin can become a market

Launch new markets around pump.fun assets rather than waiting for centralized listings.

One mark.
Straight from chain.

Every market reads its price from the coin's own on-chain liquidity — the bonding curve while it lives there, the graduated pool afterwards. That single mark drives entries, funding, liquidations and pool NAV.

01
pump.fun
Bonding curve
02
Graduation
Curve completes
03
PumpSwap
Spot liquidity
04
Perp Pools
Mark price
Mark0.00004382 SOL
Index sourcePumpSwap
Updateevery block

Your coin.
Your market.

Launch a new pump.fun coin and bootstrap its perpetual liquidity from the same interface.

Launch a market →
New market
+
Kilnhouse
KILN
Initial pool liquidity
25.000SOL
Estimated trade capacity
12.5 SOL long · 20.0 SOL short
Pool share
100%
Open market

pump.fun coins,
now with markets.