Hyperliquid's HYPE token rallied 7% over 24 hours after Trade.xyz launched the first pre-IPO perpetual market on the platform, offering synthetic exposure to SpaceX at a reference valuation of $1.78 trillion.
HYPE pops 7%, beating bitcoin declines, as SpaceX pre-IPO lands on Hyperliquid
- 05/18/2026, 1:10 AM
- coindesk.com
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