POPA ReconUnitree Perpetuals on Hyperliquid Imply $40.5B Valuation, Over 300% Above IPO Valuation
Unitree Perpetuals on Hyperliquid Imply $40.5B Valuation, Over 300% Above IPO Valuation According to Bloomberg, Unitree Robotics is set to debut on the Shanghai Stock Exchange’s STAR Market on August 19. Perpetual futures linked to Unitree on Hyperliquid were trading at around $100 on August 18, implying a valuation of roughly $40.5 billion, more than 300% above its approximately $9 billion IPO valuation. Unitree priced its IPO at RMB 150.8 per share. CoinDesk previously reported that the contracts were trading at around $92–$94 on August 15, indicating that the onchain market’s valuation of…
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