SpaceX Pre-IPO Market Flash-Crashes 45% on Hyperliquid

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Hyperliquid's HIP-3 enables independent builders to create markets that tap into the exchange's existing liquidity and architecture, enabling tokenized stocks and pre-IPO pre-markets. Platforms like Ventuals are using HIP-3 to offer pre-market trading for companies such as OpenAI and SpaceX, highlighting crypto DeFi/CEX hybrid adoption, new token launch use cases, and expanded liquidity for tokenized assets.
Through HIP-3, Hyperliquid enables independent builders to construct markets that tap into the exchange’s existing architecture and liquidity. This has made it possible for venues to build tokenized stocks and even “pre-markets” for stocks that have yet to conduct an initial public offering.
Ventuals is one such exchange that allows users to trade pre-markets for popular companies such as OpenAI and SpaceX.
