Pump.fun Adds HyperEVM Support as HYPE Surges 51% and Revenue Hits $500K Record

Pump.fun has integrated HyperEVM into its mobile app, allowing users to trade HyperEVM tokens against USDC as the Hyperliquid ecosystem sees renewed activity and HYPE extends its rally.

This marks another step in Pump.fun’s shift from a Solana-focused meme coin launchpad toward a multi-chain trading platform. HyperEVM liquidity and activity could give Pump.fun traders a wider selection of assets and potentially deeper markets as the integration develops.

Hyperliquid native token, HYPE, has gained strongly in recent sessions, trading near its all-time high of about $83.27 as of the time of writing. The token opened August near $52, maintaining a 51% monthly gain despite a 26.41% pullback from its record in its previous month.

How the HyperEVM integration could benefit Pump.fun traders

The timing is notable for HyperEVM, which has already benefited from increased meme coin activity. On Aug. 23, the chain recorded more than $500,000 in single-day revenue, its highest level at the time, while HyperEVM DEX trading addresses reached 25,500. Trading volume and transaction activity also increased during the period.

Source: Wu Blockchain

For Pump.fun users, the HyperEVM integration adds access to a new pool of tokens and liquidity without requiring them to leave the platform for a separate trading interface.

However, the announcement only mentions trading existing HyperEVM tokens on Pump.fun and does not clarify whether users will also be able to create HyperEVM assets through the platform. Also, Pump.fun has yet to explain whether tokens will be listed automatically or subjected to technical and security checks.

our mission is to give Pumpfun App users access to ANYTHING that could run onchain before it happens.

that’s why we will go above and beyond to support chains that very few trading apps support - in this case, we are the first mobile app to fully support HyperEVM

in fact,… https://t.co/pYgxes5rCb

— alon (@a1lon9) August 26, 2026

Notably, HyperEVM is the Ethereum-compatible smart contract on Hyperliquid L1 and connects with HyperCore, the part of the network that handles spot and perpetual markets.

Assets can move between the two environments, allowing applications on HyperEVM to tap into liquidity and infrastructure available across Hyperliquid.

For traders, that connection could mean access to markets that would otherwise require separate wallets, applications, or additional steps. However, Pump.fun has not disclosed which decentralized exchanges or liquidity sources will execute trades through its interface, so the extent of the liquidity available to users remains unclear.

For now, the integration gives Pump.fun traders another market to access, while potentially giving HyperEVM projects a larger distribution channel. 

Pump.fun could deepen HyperEVM activity, but meme liquidity is difficult to sustain

For HyperEVM, Pump.fun could add another source of trading flow by putting HyperEVM tokens in front of an established retail. More traders and token activity could translate into higher transaction counts, greater liquidity, and additional fee revenue, particularly if meme coins continue to attract capital.

The potential boost comes as Hyperliquid’s ecosystem is already seeing significant activity. 

DeFiLlama data shows roughly $1.59 billion in total value locked on Hyperliquid L1, while stablecoins on the network are worth about $6.75 billion, with USDC accounting for nearly 98%. The network has also processed around $1.71 billion in decentralized exchange volume over seven days and $3.324 billion this month, alongside much larger volumes in perpetual markets.

Source: DefiLlama

However, relying on meme coin activity as a long-term growth engine carries clear limitations.

Meme liquidity is highly mobile and often follows market narratives rather than network fundamentals. 

Traders can rapidly move capital from one chain to another when a new token, launchpad, or ecosystem becomes the center of speculation. As a result, a surge in trading volume can generate substantial fees without necessarily producing lasting users, developers, or liquidity providers.

The distinction is important because HyperEVM operates within a trading ecosystem already anchored by Hyperliquid’s spot and perpetual markets. 

Its longer-term growth will depend on whether speculative activity can lead users toward more persistent applications such as decentralized exchanges, lending, and other on-chain financial services.

A sustained increase in trading addresses, liquidity, and application usage after meme volumes decline would provide stronger evidence of adoption. If activity falls sharply alongside meme coin interest, the recent revenue gains would look more like a temporary liquidity rotation than a structural expansion of HyperEVM.