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Hyperliquid Launches Changxin Technology Perpetual Contracts at $7.2 on July 15, Valuing Chinese Chip Maker at 6x IPO Price

Derivatives Data

2026-07-24 06:22:11

HYPE-0.05%

According to Guru Club, Hyperliquid listed perpetual contracts for Changxin Technology on July 15, pricing them at $7.2 per share (approximately 52 yuan). Based on the company's post-IPO share count of 66.88 billion, this translates to an implied valuation of approximately 3.5 trillion yuan, roughly six times the IPO issuance value of 579 billion yuan. The contract saw 1.32 million dollars in trading volume and 2.41 million dollars in open interest within 24 hours of launch.

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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