SpaceX Pre-IPO Perpetual Contracts Go Live on Hyperliquid, Draw Over $40 Million in 12 Hours
SpaceX pre-IPO perpetual contracts began trading on Hyperliquid, drawing more than $40 million in volume in the first roughly 12 hours. The instrument traded at levels implying a valuation of about $1.78 trillion to $2.1 trillion.
Earlier clarifications associated with the launch said the contracts do not represent real equity or IPO shares in SpaceX. Instead, they provide synthetic exposure to the company’s valuation ahead of any public listing.
From the sources (6 posts)
@tyler_did_itSpaceX appears to be live on Hyperliquid for pre-IPO trading Opening at $1.8T
@ryanwatkins_If CBRS was any indication of what’s to come, @tradexyz’s Pre-IPO market for Space X should bring a massive wave of attention to Hyperliquid over the coming weeks. Think it’s possible SPCX hits $1B+ in peak 24hr volumes in the days surroun
@laurashinRT @Henrik_on_HL: For everyone wanting to trade the SpaceX IPO on Hyperliquid via TradeXYZ: > It is not real equity or IPO shares. The pro…
@tyler_did_itSpaceX with over $40M in volume traded in its first ~12 hours live on Hyperliquid 🤯
@laurashinIn today's @Unchained_pod Daily newsletter: 📉 BTC cracks $77K — bond rout liquidates $670M in longs 🚀 SpaceX perps live on Hyperliquid at $1.78T ✂️ Kraken axes 150 after AI rollout; IPO drifts to 2027 🎯 Read it now… and make sure you never
@tyler_did_itThe Morning Minute (5.18) Powered by @yeet ⏰Top News: -Crypto majors are red as yields rise, oil spikes; BTC at $77k -SpaceX goes live for pre-IPO trading on Hyperliquid, sees $40M volume in 12 hrs -BTC ETFs see nearly $1B in outflows la