PANews:Pump.fun perpetual contracts add features including limit orders and cross margin
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AT A GLANCE
According to a relay by PANews, Pump.fun stated that its perpetual contracts have added four new features, supported by Hyperliquid.
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Pump.fun Perpetual Contracts Add Four New Features Including Limit Orders and Cross Margin
PANews November 11 reported that Pump.fun posted on the X platform stating that perpetual contracts on Pumpfun have undergone a feature update, adding four new features: limit orders, TWAP (Time-Weighted Average Price), cross margin, and margin control. Specifically, limit orders support buying and selling at desired prices; TWAP can split large orders into smaller batches for execution; cross margin allows sharing margin across different positions; and margin control supports adding or removing margin in open positions. These features are powered by Hyperliquid.
PANews reported on November 11 that Pump.fun announced an update to its perpetual contract feature on the X platform.
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New features include limit orders, TWAP (Time-Weighted Average Price), cross margin, and margin control.
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Limit orders support buying and selling at a desired price; TWAP can split large orders into smaller ones for execution in batches.
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Cross margin allows different positions to share margin; margin control supports adding or removing margin in open positions.
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The report pointed out that these features are powered by Hyperliquid.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This update concerns how to place orders and manage margin: users can set a desired execution price, execute large orders in batches, let different positions share margin, or adjust the margin of an already opened position. The above is a media paraphrase of the project party's statement.
Why it matters to readers
The update covers order execution and position margin management, providing specific information on functional changes to observe for Pump.fun perpetual contracts.
Key distinctions can be made between cross margin and margin control: the former means different positions share margin, while the latter means adding or removing margin for already opened positions; functional updates themselves cannot prove trading safety or returns.
Risks and unknowns
The provided evidence does not include the original Pump.fun announcement or independent verification, and the actual availability of the features has not been confirmed.
The original text does not specify the scope of application, usage restrictions, or specific parameters of the function.
The original text does not provide data on user adoption or changes in transaction volume.
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Limit order
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