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Morning Edition · Sunday, August 16, 2026Published at 1:37 AM EDT · New York
Traders on Hyperliquid Are Pricing a Robot Maker at $38 Billion Before It Lists at $9 Billion
Analysts at Allium warn the leveraged positions built on the pre-listing contract are exposed when a real price appears at the open.
The Chinese robotics manufacturer Unitree is going public, and traders on the perpetual futures venue Hyperliquid have already decided what it is worth. Positions there value the company at close to $38 billion against a $9 billion listing…
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