Reading Hyperliquid…

Every bag
gets a perp.

Launch a coin on pump.fun and tag it to a Hyperliquid market: BTC, NVDA, gold, the S&P 500. Its creator fees open one long or short there, 1x to 5x. The tag never changes.

Tag a bagHow it worksNo bags launched yet. Launches open when the fee engine is live.
A preview: fill your own in on the launch page

Departures

Every market a bag can be tagged to, live from Hyperliquid.

Baggage claim

Coins launched on BagPerps, each with its tag.

See every bag

Nothing on the belt yet.
The first coin launched on BagPerps lands here with its tag.

1

Pack

Launch your coin on pump.fun from your own wallet: a name, a ticker, a picture. One payment, and you get every unused lamport back.

2

Tag

Pick a Hyperliquid market, long or short, and 1x to 5x. It's printed on the coin's tag and it never changes, so a buyer always knows what they're holding.

3

Fly

Every trade pays pump.fun's creator fee. All of it goes to the coin's own wallet, then across to its own Hyperliquid account (less the network and bridge fees), where it opens that position. Anyone can check both.

$BAGPERPS

The house coin. It isn't wired to the launchpad: it has no tag and no position, and no launched coin's fees go to it.

Contract address: soon