SpaceX IPO Drives $1.4B Single-Day Volume on Hyperliquid's SPCX Perpetual, 50x Daily Average

SPCX23.17%
SpaceX's IPO debut at roughly US$1.7 trillion valuation drove US$1.4 billion in single-day volume on Hyperliquid's SPCX perpetual, more than 50 times the contract's prior daily average of approximately US$26 million. The transaction accounted for close to 30% of all volume across Hyperliquid's HIP-3 markets that day. SpaceX priced its IPO at US$135 per share.
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