The funding rate of PUMP in front of the Hyperliquid disk has turned from positive to negative, and bearish forces are beginning to accumulate

律动BlockBeats|7月 13, 2025 08:11
According to BlockBeats news, on July 13th, according to market data, the funding rate of PUMP's contract in front of the Hyperliquid disk has changed from positive to negative, with a current funding rate of -0.0017%, indicating the accumulation of bearish forces. The current open contract volume of PUMP on Hyperliquid is reported to be $368 million, with a 24-hour trading volume exceeding $643 million.
The current open interest contract volume of PUMP on Binance is reported at $135 million, with a 24-hour trading volume exceeding $1.341 billion. The funding rate remains positive, and the long short ratio of large holders according to position statistics is 1.24, indicating that long positions still dominate.
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