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Hyperliquid CXMT Pre-IPO Contract Rises 5.4% to $6.88, Implied Valuation Hits $461B

Price Volatility

2026-07-21 08:25:43

CXMT-1.35%

According to BlockBeats, monitoring data from Hyperinsight showed that on July 21, the CXMT (Long Shine Storage Technology) Pre-IPO contract on Hyperliquid rose 5.4% over six hours during Asian trading hours to $6.88, corresponding to a CNY price of 46.56 yuan per share. Based on post-IPO total shares of 66.881 billion, the implied on-chain market valuation reached approximately $461 billion, or 3.11 trillion yuan.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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