TechFlow, July 13 — According to market data, the funding rate for PUMP's pre-market contract on Hyperliquid has turned negative, currently at -0.0017%, indicating growing bearish momentum. The open interest for PUMP on Hyperliquid stands at $368 million, with a 24-hour trading volume exceeding $643 million.
On Binance, the current open interest for PUMP is reported at $135 million, with a 24-hour trading volume surpassing $1.341 billion. The funding rate remains positive, and the large trader long-to-short ratio based on position size is 1.24, indicating that long positions still hold an advantage.




