Post #12018

TradeXYZ launches Pre-IPO Stock Perpetual Contracts IPOPs - a new derivatives category that lets traders speculate on private companies before they hit public markets. The first market launched on May 1 with Cerebras (CBRS), the AI chip startup expected to IPO on May 15. These are cash-settled perps referencing a company's anticipated public equity value, with initial reference prices set from S-1 filings, recent funding rounds, secondaries, and comparable multiples. Once the company lists, the contract auto-converts to a standard equity perp using external oracle data. 🔗docs.trade.xyz/asset-directory/pre-ipo-perpetuals Top 7 Ecosystem:Alpha| X | Aggregator