Unit Pump wallet

What is Unit Pump (UPUMP)?

UPUMP is not the PUMP you see on Solana, although it stands for exactly that token. It is the version issued by Unit, the tokenization layer that lets assets from other chains be deposited into Hyperliquid. When someone sends native PUMP to a Unit deposit address, Unit's guardian network takes custody of it and mints the same amount of UPUMP on Hyperliquid; when UPUMP is withdrawn, it is burned and the native PUMP is released. The "U" in the name marks that origin, the same way UBTC, UETH and USOL mark Unit-issued bitcoin, ether and SOL.

Where it lives

Hyperliquid has two sides. HyperCore is the trading layer, where Unit assets appear as spot balances; HyperEVM is the smart-contract layer, where the same asset exists as a standard ERC-20. A holder moves UPUMP between the two through Hyperliquid's own internal bridge, not through a third-party one. In Tangem you are looking at the HyperEVM side: a token balance on an EVM chain, with HYPE as the coin that pays every transfer fee. Keep some HYPE next to it, or UPUMP cannot move.

Two things trip people up. First, the ticker: PUMP exists as a token on Solana and under the same letters on other chains, and UPUMP is none of them. It is redeemable only for the Solana one, and only through Unit. Second, addresses: a HyperEVM address looks like any other EVM address, but UPUMP sent to a service that does not support HyperEVM may not be recoverable. Supported networks in Tangem (1): HyperEVM. In the app UPUMP sits on its own HyperEVM line with HYPE beside it, so the network a transfer leaves on is something you read on screen rather than assume, and for a bridged token with a crowded ticker that is the reason keeping it here works.

The balance itself does nothing on its own: no rebase, no accrual. It changes only when you trade, transfer or withdraw.