Pumpfun announced perps are live in the Pumpfun app in partnership with Hyperliquid, allowing long or short on crypto, stocks and commodities from a USDC balance with no bridging required.
[1]← Narrative indexOct 25 – Oct 31 UTC Every claim links to the posts behind it01 02 03 04 05 06 07 08 09 10 11 12 13 8 posts on X 2 weeks
Narrative / Rank 23 / Week of Oct 25 – Oct 31 / 2nd week running (was #7)
Pumpfun app adds Hyperliquid perps, X Layer and Elysium launch, $2.5M Squads competition as #BOYCOTTPUMPFUN keeps running
Peak / day16tracked accounts
Peak dayWedOct 28 · busiest day in the panel
Rest of X / peak day118distinct accounts outside the panel
Cited claims13source links retained
Market—no token attached
Attention
Who was talking, day by day
Tracked paneldistinct tracked accounts / day
Rest of Xdistinct other accounts / day
What happened
Pumpfun announced perps are live in the Pumpfun app in partnership with Hyperliquid, allowing long or short on crypto, stocks and commodities from a USDC balance with no bridging required. Elysium posts say Pumpfun will be available from launch in the Elysium ecosystem, with trading starting November 9. Pumpfun announced X Layer is live in the Pumpfun app, letting users trade every X Layer token from one USDC balance with no manual bridging or wallet switching.
+ 10 more in the evidence register ↓Why it matters
This is Pumpfun's product expansion beyond memecoin launchpad: perps via Hyperliquid, a new chain in X Layer, and a launch slot in Elysium. At the same time the boycott narrative from the Kimchi episode is still active, and a launchpad (sapling) is publicly migrating its launches off Pumpfun to Raydium LaunchLab. For the team this is the moment to cover Pumpfun as an app-and-distribution story rather than only a memecoin story, while tracking whether the boycott affects user flow.
Observed reaction
Split and mostly product-driven. The Hyperliquid perps and X Layer posts got the largest engagement, while #BOYCOTTPUMPFUN posts are critical and mocking (whitewhalelabs' 'Drugs are bad, mmmkay?' quote, fskifor's 'Finally, someone is speaking up'). Elysium and Arbitrum posts are bullish distribution news; sapling's migration to Raydium LaunchLab is a negative signal for Pumpfun launches.
Spread
Where it started and who carried it
- First seen
- Oct 25, 01:28 UTC by @0xelpatron95
- Accounts
- 50 tracked · 25 elsewhere on X
- Communities
- memecoins solana (33), general ct (7), nft culture (4), ai crypto (2)
- Key accounts
- @blockstargram, @igorslat, @doctuahh, @0xelpatron95, @eyecookmemes
Explainability
Evidence register
Elysium posts say Pumpfun will be available from launch in the Elysium ecosystem, with trading starting November 9.
[1][2][3]Pumpfun announced X Layer is live in the Pumpfun app, letting users trade every X Layer token from one USDC balance with no manual bridging or wallet switching.
[1]Pumpfun ran a $2,500,000 Squads Competition; day 1 leaders were Dabal, CtrlTheNarratve and Underground, followed by CATEVENGERS and Beachballs.
[1]A #BOYCOTTPUMPFUN rundown states Pumpfun signed trader Kimchi in a reported multi-million dollar deal on Oct 20 and launched a marketing push with a $KIMCHI token, that $KIMCHI ran to ~$43M, and that it reportedly fell ~98% after a QR code to a copycat coin was posted and a repost was deleted.
[1]The rundown also states Pumpfun announced the $2.5M Squads trading contest right after with no word to traders who lost money, which is when the hashtag took off.
[1]Posts say #BOYCOTTPUMPFUN was trending and dominated timelines, with comparisons to when Nikita Bier united CT.
[1][2]A podcast/timeline post titled 'What is @Pumpfun doing wrong?' lists the Kimchi controversy, criticism, Pumpfun App flipping Fomo, long or short $PUMP, Stonk/Pons and $PUMP pairs.
[1]sapling announced it is moving its launches off Pumpfun and migrating to Raydium LaunchLab, citing more flexibility and control.
[1]fomo cofounder @seyong said there are already too many tokens today after denying plans for a Pumpfun rival Solana launchpad.
[1]Arbitrum listed Pumpfun among the newest teams growing the programmable economy on Arbitrum in its 'Arbitrum Autumn' post.
[1]A post about the Squads competition argued only existing projects should be tradable and no new launches or bundles should be allowed.
[1]A post says most of the best accounts are hesitant to hard shill anything now and that holding attention for 30 days is borderline impossible in the current market.
[1]Angles
- Map Pumpfun's week: perps with Hyperliquid, X Layer live, Elysium launch day one, Arbitrum Autumn listing, and the $2.5M Squads leaderboard in one visual.
- Break down the #BOYCOTTPUMPFUN rundown with dates and numbers (Kimchi deal reported multi-million, $KIMCHI ~$43M to reportedly ~98% down, $2.5M contest) without taking a side or giving trading advice.
- Track launchpad competition: sapling moving off Pumpfun to Raydium LaunchLab, and @seyong of fomo saying there are already too many tokens while denying a Pumpfun rival launchpad.
Formats in use
- quote-tweet of official Pumpfun announcements
- thread/rundown of the #BOYCOTTPUMPFUN timeline
- quote-tweet meme (whitewhalelabs' 'Drugs are bad, mmmkay?')
- leaderboard recap post for the $2.5M Squads Competition
- ecosystem launch list post (Elysium, Arbitrum Autumn)
- podcast/timeline link post (@shaams on 'What is @Pumpfun doing wrong?')
Risks
- Do not present the Kimchi deal amount, $KIMCHI's ~98% drop or the boycott narrative as verified facts; they are claims made by the accounts in the posts.
- No price predictions or advice on $PUMP, $KIMCHI or perps; avoid framing long/short as a recommendation.
- The perps, X Layer, Elysium and Squads announcements come from Pumpfun's own posts, so treat them as project claims and check official sources before stating them as confirmed.
- Several high-engagement posts are retweets of @Pumpfun marketing or of ecosystem promo accounts; flag likely coordinated promotion rather than organic sentiment.
- Avoid targeting or harassing named individuals (Kimchi, @a1lon9) beyond describing what the posts state.
Observed content
Most-engaged posts
RT @Pumpfun: Pumpfun x @HyperliquidX Perps are live on the Pumpfun app! Long or short crypto, stocks & commodities on the biggest onchain perps engine, straight from your USDC balance. No bridging required. Learn more 👇 https://t.co/weHLk8vvKxOpen on X →
RT @Kinetiq_xyz: A wild @Pumpfun has entered Elysium. The Pump is going interplanetary. e/acc https://t.co/lGbZK734u4Open on X →
RT @Pumpfun: dressed up as a pumpfun app user for halloween https://t.co/OI2TD7CDaoOpen on X →
RT @Pumpfun: Pumpfun App x @Enter_Elysium A new era for Hyperliquid. Trading starts November 9. https://t.co/H1P6E9bwFxOpen on X →
RT @R2D2zen: Opened X this morning and most posts on my timeline were about #BOYCOTTPUMPFUN The last time someone united CT was Nikita Bier with his remarks about CT. Looks like @Pumpfun is doing it again, but on a much bigger scale. https://t.co/Jl9LtLQlqMOpen on X →
RT @DegenerateNews: NEW: @fomo COFOUNDER @seyong SAYS "THERE ARE ALREADY WAY TOO MANY TOKENS TODAY” - AFTER DENYING PLANS FOR A @Pumpfun RIVAL SOLANA LAUNCHPAD https://t.co/n3CqY0iHwoOpen on X →
RT @Pumpfun: One of our most requested chains is now live on the Pumpfun app: X Layer Every X Layer token, one USDC balance - no manual bridging, no switching wallets. Enjoy the fastest crosschain speeds and the cheapest fees. Welcome to the Pumpfun app, @XLayerOfficial 🤝 httpOpen on X →
RT @Pumpfun: Day 1 of the $2,500,000 Squads Competition is over, here’s the recap: 🥇 Dabal 🥈 CtrlTheNarratve 🥉 Underground 🏅 CATEVENGERS 🏅 Beachballs https://t.co/mKTk3pq63KOpen on X →
History