Hyperliquid CXMT Pre-IPO is an IPOP Perpetual Futures contract governed by the HIP-3 framework, designed to track the anticipated pre-IPO price of ChangXin Memory Technologies. The contract is settled in USDC and does not confer any stock ownership. This

[{"title":"What Is the CXMT Pre-IPO Futures Contract on Hyperliquid?","id":"hyperliquid--cxmt-pre-ipo-","level":2},{"title":"How Does the HIP-3 Framework Support Pre-IPO Futures Contracts?","id":"hip-3--pre-ipo-","level":2},{"title":"What Are the Rules for the IPOP Category? How Is It Different From Stock Perpetuals?","id":"ipop-","level":2},{"title":"How Do Mark Price and Finanzierungssatz Function?","id":"heading","level":2},{"title":"How Does the Oracle Transition After the Listing?","id":"-oracle-","level":2},{"title":"What Are the Risks and Limitations of Trading CXMT Pre-IPO Futures Contracts?","id":"-cxmt-pre-ipo-","level":2},{"title":"Summary","id":"heading-1","level":2},{"title":"FAQ","id":"faq","level":2}]