trade[XYZ] Cerebras Pre-IPO Perp

(CBRS)

Onchain Marketcap-

Active Marketcap-

DeFi Active TVL$0

Chains1

Token Properties

CategoryRWA Perps

Asset ClassPE Perp

TypeAsset

RWA ClassificationProgrammable Finance

Access ModelCustodial Only

Parent Platformtrade[XYZ]

Classification

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

  • Pre-IPO Perpetual market on trade[XYZ] referencing the anticipated public listing of Cerebras Systems, Inc. (an AI-chips and AI-supercomputing company). Per trade[XYZ] specs, the market launched May 1, 2026 at an initial reference price of $175 with a max leverage of 5x and a $5m open-interest cap. Cerebras' expected listing date is May 15, 2026
  • the Outside Launch Date is May 30, 2026 with a 60-day Settlement Period (no later than July 30, 2026). If Cerebras lists, the market converts to a standard externally-priced CBRS perpetual. If not, settlement defaults to a TWAP of the Pre-IPO Perpetual price across the market's life. Pre-IPO Perpetuals are not shares, IPO allocations, tokenized equity, or any claim against the issuer
  • they are cash-settled in USDC on Hyperliquid under the xyz namespace, operated by trade[XYZ].

Chains

Hyperliquid L1

Hyperliquid L1

Primary