Market sentiment for PUMP tokens has shifted from bearish to bullish, with significant open interest on major platforms indicating strong investor confidence.
According to Ai Yi’s monitoring, market sentiment for PUMP tokens has transitioned from a bearish stance at a $4 billion fully diluted valuation (FDV) to a bullish outlook at $6.5 billion FDV. The open interest on the Hyperliquid platform has reached $616 million, while Binance reports $169 million, together accounting for 92.7% of the total market open interest. Positive funding rates across the top ten platforms further indicate prevailing bullish sentiment, although adjustments reveal Hyperliquid's actual open interest to be $308 million due to its calculation method.