# Trade

The trading process is the same for **HpumpCore** and **HpumpEVM**.

### **Step 1: Discover & Analyze Tokens**

1. **Stay Updated via Telegram**
   * **Launch Alerts**: Watch for new launch announcements in the Hpump Chat.
   * **One-Click Trading**: In the alert message, click **“Trade”** to open the Trade Widget.
2. **Explore the Hpump Dashboard**
   * **Trust Factor Indicators**: It's for informational purposes only and are determined based on predefined criteria.
   * **Creator Information**: Verify the deployer’s reputation to gauge token reliability.
   * **Bonding Progress**: Keep an eye on the TVL (Total Value Locked) and thresholds to know when a token is transitioning to Hyperliquid.
3. **Engage in Token-Specific Chats**
   * Each token has a dedicated Telegram channel for direct community discussions.
   * **Use Key Commands**:
     * **/info**: View deployer details, top holders, and token supply.
     * **chart/price** - Hpump Dashboard
   * After reviewing these details, simply click **“Trade”** in the Telegram chat to jump back into the Trade Widget.

***

### **Step 2: Trade**

#### **A. Hfun Bot**

1. **Open the Launches List**

   * Use the **/launches** command to view tokens ranked by trading volume.
   * **Sorting Options**: Filter by price change or market cap.
   * **Scroll Navigation**: Quickly browse tokens to find your target.

   <figure><img src="https://content.gitbook.com/content/HbohNtGkVDfFXNKTiDji/blobs/GiIuSCeQcwSHEoFGED4G/image.png" alt="" width="311"><figcaption></figcaption></figure>

   <figure><img src="https://content.gitbook.com/content/HbohNtGkVDfFXNKTiDji/blobs/zRd6SFiYoW7dOn528U6E/image.png" alt="" width="318"><figcaption></figcaption></figure>

   * Once you select a token (e.g., **WIZ**), you’ll see specific trading options:

   <figure><img src="https://content.gitbook.com/content/HbohNtGkVDfFXNKTiDji/blobs/xX0Yf4hX6Ar5zN4pKYQd/image.png" alt="" width="320"><figcaption></figcaption></figure>
2. **Execute Your Trades**
   * **Buy Tokens**:
     * Click **“Buy $X”** and specify the USDC amount (or use pre-set amounts).
   * **Sell Tokens**:
     * Click **“Sell X%”** to quickly choose a percentage of your holdings.
   * **Other Controls**:
     * **Refresh**: Updates token details (price, TVL, market cap).
     * **Close**: Returns you to the main token list.

#### **B. Hpump Dashboard**

1. **Select a token**

   <figure><img src="https://511841422-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHbohNtGkVDfFXNKTiDji%2Fuploads%2FVyjfG8a73HUbYjJYT6MN%2Fimage.png?alt=media&#x26;token=af1a2ffc-a651-4d7b-ba53-2dc5d2626b2e" alt=""><figcaption></figcaption></figure>
2. **Execute Your Trades**

   <figure><img src="https://511841422-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHbohNtGkVDfFXNKTiDji%2Fuploads%2F8ONvMgkG2Vnq2fQRxvof%2Fimage.png?alt=media&#x26;token=2b01fa19-fabd-4e32-8a81-ca2a6ffe0c53" alt="" width="375"><figcaption></figcaption></figure>

***

## Fees

A **1% fee** is applied to all trades conducted through the **Hpump Market**. These fees are redirected to the [HFUN Fees Receiver](https://hypurrscan.io/address/0x501a76325a353a4249740ada1d4bce46dbdd67d6) wallet.

The collected fees are **exclusively used** to **purchase** the **HFUN** token, supporting its ecosystem and value appreciation.