FAQ
Does Pumpmax support all tokens on Pump.fun?
Yes.Pumpmax supports all tokens created on the pump platform.However, we recommend coins not yet listed on Raydium.
How does Pumpmax handle liquidation?
Liquidation occurs when the total interest exceeds the value of the collateral. In such cases, the collateral will be liquidated to cover the outstanding debt.
Is the interest rate (DPR) for borrowing SOL fixed or dynamic?
The interest rate (DPR) for borrowing SOL is dynamic. It adjusts based on market supply and demand to maintain the balance of the liquidity pool. Borrowers are advised to check the real-time interest rate before proceeding and be aware of potential fluctuations.
At what price can the collateralized Pump coins be used to borrow SOL?
The borrowable amount of SOL is estimated based on the Pump.fun bonding curve, calculating the minimum liquidation collateral ratio to determine the collateralizable amount KK. A 20% dilution buffer is reserved for the Raydium curve, along with a 10% buffer for interest rate liquidation. The final collateral value is calculated as 0.7K.
"Why doesn't the displayed debt match the borrowed or repayable SOL?"
The different SOL is for account rent, used to create an SPL-PDA account that records token info and transactions. Don't worry—once repaid, the account will close, and the rent will be refunded.
How much leverage is allowed for long positions?
Currently, the maximum leverage supported is up to 3.3X.
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