trade[XYZ] SpaceX Pre-IPO Perp

(SPCX)

Onchain Marketcap-

Active Marketcap-

DeFi Active TVL$0

Chains1

Token Properties

CategoryRWA Perps

Asset ClassPE Perp

TypeAsset

RWA ClassificationProgrammable Finance

Access ModelPermissioned

Parent Platformtrade[XYZ]

Classification

KYC to Mint or RedeemIndicates whether minting or redeeming the token through the issuer or primary market requires KYC/AML verification (KYC/KYB/onboarding)

KYC/Allowlisted/Whitelisted to Transfer/HoldIndicates whether holding or transferring the token requires prior verification or allowlisting/whitelisting (issuer or transfer-agent permissioning), enforced at the token, contract, or venue level

Self CustodyIndicates whether the token can be held in a user controlled wallet

AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing

Notes

  • SPCX is a pre-IPO valuation perpetual on trade[XYZ] tracking SpaceX (Pre-IPO), launched on May 18, 2026. The contract is a builder-deployed HIP-3 market on Hyperliquid in the xyz namespace, with the reference price set so that the perp's traded price reflects SpaceX's implied valuation. The contract opened at a $150 reference price implying a roughly $1.78 trillion valuation. Users gain synthetic exposure to SpaceX's implied valuation without holding equity, SPV interests, or tender-offer access. Positions are margined and cash-settled in USDC on Hyperliquid. SPCX is trade[XYZ]'s second pre-IPO perpetual after CBRS (Cerebras).

Chains

Hyperliquid L1

Hyperliquid L1

Primary