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Hyperliquid Launches Changxin Technology Perpetual Futures at $7.2 on IPO Eve

Derivatives Data Stocks

2026-07-23 06:19:35

HYPE0.81%

According to Guru Club, on July 15, Hyperliquid launched perpetual futures contracts for Changxin Technology at $7.2 per share (approximately 52 yuan), hours before the company's A-share IPO pricing at 8.66 yuan per share on July 16. The contract valuation implied a market cap of around 3.5 trillion yuan, roughly six times the IPO issue value of 579 billion yuan. Within 24 hours of launch, the futures contracts recorded $1.32 million in trading volume and $2.41 million in open interest, marking the first time overseas traders accessed a Shenzhen Stock Exchange ChiNext IPO directly through on-chain instruments.

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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