# 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.

- Published: 2026-08-16T05:37:57.333Z
- Canonical: https://polylog.news/crypto/2026-08-16/traders-on-hyperliquid-are-pricing-a-robot-maker-at-38-billi
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CoinDesk](https://www.coindesk.com/markets/2026/08/15/robot-maker-unitree-is-going-public-hyperliquid-traders-see-4x-upside-from-ipo-price), [crypto.news](https://crypto.news/bitget-expands-stock-dual-investment-to-20-u-s-assets/)

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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