The cryptocurrency PUMP is demonstrating vigorous market performance, registering substantial open interest and trading volumes on both Hyperliquid and Binance platforms.
Hyperliquid currently reports $350 million in open interest for PUMP alongside 24-hour trading volumes exceeding $350 million. On Binance, PUPP maintains $142 million in open interest with daily trading volumes surpassing $1.215 billion.
Both exchanges indicate consistently positive funding rates for PUMP, signaling sustained bullish sentiment among market participants. The long-short ratio for major traders currently stands at 1.16.
The combined activity underscores strong trader engagement with PUPP across decentralized and centralized trading venues, reflecting heightened market interest in the cryptocurrency.