Hyperliquid HYPE Rallies as Trade.xyz Launches First Pre-IPO Perp
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Hyperliquid’s native token HYPE traded near $44.84, rising 7.3% over seven days with a 24-hour range of $43.46 to $46.94 and trading volume around $799.66 million. Trade.xyz launched a SpaceX pre-IPO perpetual market on Hyperliquid, offering synthetic long and short exposure to a private-company asset and acting as a DeFi DEX derivatives catalyst that could boost crypto adoption and token demand.
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- HYPE traded near $44.84 after gaining 7.3% over the past 7 days.
- Trade.xyz launched a SpaceX pre-IPO perpetual market on Hyperliquid.
- The contract gives traders synthetic long or short exposure before any SpaceX IPO.
Hyperliquid’s native token HYPE held firm after the trade.xyz launched a SpaceX pre-IPO perpetual market on the decentralized exchange. The new market gives traders synthetic exposure to SpaceX before any public listing, adding a private-company angle to Hyperliquid’s derivatives ecosystem.
Market data showed HYPE trading near $44.84, up 7.3% over seven days. The token moved inside a 24-hour range between $43.46 and $46.94, while trading volume stood near $799.66 million.
SpaceX Market Adds Fresh Catalyst
Trade.xyz said the pre-IPO perpetual market for SpaceX is now live. The product allows traders to take long or short positions tied to Spac…
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