SpaceCoinDesk3 days ago
SpaceX pre-IPO perp on Hyperliquid drops 27%
1 min read
The SPCX perpetual on Hyperliquid, a 5x-leveraged derivative tracking SpaceX's pre-IPO price, has fallen 27% from its mid-May launch to roughly $157. The implied first-day premium dropped from 60% to 16% above SpaceX's fixed $135 offer price. The contract has no claim on actual shares.
Level
Hype check
Tap to vote and see what everyone thinks.
