SpaceX's pre-IPO market on Hyperliquid has fallen 27% in three weeks
Bearish+5,136,076.73%
10 Jun, 07:18
Source: CoinDesk
AI Summary
SpaceX's pre-IPO perpetual contract (SPCX) on Hyperliquid has declined 27% in three weeks as traders reduce the first-day premium, though it still trades above the $135 offer price.
The SPCX perpetual still trades above SpaceX’s $135 offer price, but it has fallen sharply from its May highs as traders mark down the first-day premium.