■ pump.fun × HyperliquidPROTOCOL REFERENCE

$QUID · QUANTITATIVE UPSIDE DESK

Got Liq? The $QUID machine.

pump.fun just plugged Hyperliquid into its app. $QUID is the max long on that marriage.

01

Overview

On October 16, pump.fun switched on perpetual futures inside its app, routed through Hyperliquid. Millions of pump.fun traders now place orders on Hyperliquid's order book without leaving pump.fun. The launchpad that prints the most fees in crypto just became a front door for the exchange that prints the most fees in crypto.

Both PUMP and HYPE spend revenue buying back their own tokens. More pump.fun traders on Hyperliquid means more volume for both machines at once. If this merger works, the cleanest trade is long both — with size.

$QUID Is the Max Long

$QUID runs that trade at the maximum leverage either market allows: 10× PUMP and 10× HYPE, split 50/50, funded entirely by $QUID's own trading fees. Realized profit comes back to Solana and burns $QUID. If you trade on pump.fun, you already believe in it. $QUID makes that conviction 10×.

02

Vision: a desk for any coin

$QUID is desk #1. Every pump.fun coin earns creator fees. QUID turns them into a public, rules-based leveraged long on Hyperliquid — on whatever market the coin believes in.

01

PICK A MARKET

Any market listed on Hyperliquid: SOL, BTC, HYPE, PUMP, and more as Hyperliquid lists them.

02

SET THE RULES

Leverage up to that market’s max, the split, the trim and the liquidation defense. Published before the coin trades.

03

POINT THE FEES

Lock pump.fun creator fee sharing to the desk. It claims, bridges through Unit and holds the long on Hyperliquid.

04

WINS BURN THE COIN

Realized profit comes back to Solana, buys the creator’s coin on the open market and burns it.

Where $QUID fits

Every desk trades through the QUID builder code. Builder fees buy back and burn $QUID.

Desk #1 — $QUID → 10× PUMP + HYPE — is built and passed a team-funded rehearsal on Oct 17. Desks for any coin: the next build.

03

How the machine works

01

COLLECT

Every $QUID buy and sell pays creator fees. The machine claims them on-chain.

02

BRIDGE

SOL crosses to Hyperliquid through Unit, the native Solana↔Hyperliquid bridge.

03

SPLIT

Margin splits 50/50: half to PUMP, half to HYPE. New fees always top up whichever side is behind.

04

MAX LONG

Both legs run at 10× isolated — the highest leverage Hyperliquid offers on either market.

05

TAKE PROFIT

When a leg is up 40% on its margin, the machine closes 30% of it. Profit is now real, not paper.

06

BURN

Realized profit comes back to Solana, buys $QUID on the open market and burns it. Supply only goes down.

pump.funcreator fees → SOLUnitbridge → marginHyperliquidPUMP + HYPE longsSolanabuy + burn$QUID
04

The rules

RULEVALUE
MarketsPUMP-PERP, HYPE-PERP on Hyperliquid
Split50/50 by margin
Leverage10× isolated each (Hyperliquid max)
Take profitLeg +40% on margin → close 30%
Liquidation defenseLeg within 2.5% of liquidation → new fees add margin instead of size
Circuit breakerDesk below 50% of everything deposited → stop opening risk
What gets burnedOnly realized profit, after it returns to Solana
05

Live data sources

MARKS · 24H · OI · FUNDINGHyperliquid info APIapi.hyperliquid.xyz/info ↗
POSITIONS · ENTRY · LIQUIDATION · UPNLdesk address once set

DESK ARMS AT LAUNCH

BURNS · TRANSACTION RECEIPTSSolscansolscan.io ↗
06

Risk

!

Be aware.

10× means a ~5% move against a leg can liquidate it, and PUMP can move 5% in an hour. The liquidation defense reduces that risk; it does not remove it. Fees going into the desk can be lost entirely. Burns only happen after realized profit — a losing market means no burns. Hyperliquid and pump.fun perps are not available to US persons. $QUID is a memecoin, not equity or a claim on desk assets. Independent project — not affiliated with pump.fun or Hyperliquid.

07

FAQ

Why 10× and not higher?+

10× is the maximum Hyperliquid allows on both PUMP and HYPE.

Why not just buy PUMP and HYPE?+

That's 1×, and you have to manage it. $QUID runs 10× in public and turns wins into burns.

Where does the money come from?+

Only $QUID creator fees. No presale, no team funding of the desk.

What if it gets liquidated?+

That leg's margin is lost; new fees rebuild it. The circuit breaker stops new risk below 50% of deposits.

Can the team change the rules?+

The rules above are fixed and published; any change would be announced before it applies.