Pump.fun has fully integrated HyperEVM into its mobile application, making it the first app to offer complete support for Hyperliquid’s EVM-compatible execution layer. The move lets users trade HyperEVM tokens against USDC with near-zero fees, a capability that was only partially available in preceding weeks.
What HyperEVM actually is and why it matters
HyperEVM is the smart contract layer of the Hyperliquid L1 blockchain, operating under chain ID 999. It runs alongside HyperCore, Hyperliquid’s native trading infrastructure, with both sharing the same HyperBFT consensus mechanism. HyperCore handles the exchange’s core order book operations, while HyperEVM opens the door to general-purpose smart contracts and ERC-20 tokens.
HyperEVM launched in early 2025, and the HYPE token, which serves as the native gas token for all transactions on HyperEVM, has shown notable price strength in recent weeks. Meme trading activity on the network has also surged. Gas fees on HyperEVM have occasionally exceeded those on Ethereum mainnet.
Pump.fun’s multi-chain evolution
Pump.fun’s origin story is straightforward. It burst onto the scene as a Solana-based platform where anyone could launch a meme token with minimal friction. The HyperEVM integration represents the latest chapter in Pump.fun’s strategic expansion beyond Solana, bringing full trading support for HyperEVM tokens into its mobile app.
The rollout followed a phased approach. Partial HyperEVM support was introduced weeks before the full integration, giving the team time to stress-test the infrastructure and iron out edge cases.
What this means for traders and the Hyperliquid ecosystem
For active traders, the integration removes a layer of friction that previously existed when accessing HyperEVM tokens. Trading against USDC with near-zero fees on a mobile app is a compelling value proposition, particularly for the high-frequency, small-size trades that characterize meme token markets.
There are risks worth noting. The gas fee spikes that have already surfaced on HyperEVM could worsen as adoption grows, potentially undermining one of the network’s core selling points. And Pump.fun’s expansion into multiple chains means it needs to maintain security and reliability across a broader attack surface.