Hyperliquid Launches Pre-IPO Perpetual Contract for Unitree at $54

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Hyperliquid has listed perpetual futures for Unitree (UNITREE) at $54 ahead of its upcoming IPO. Unitree, a leading Chinese robotics company, will list on the STAR Market via the Shanghai Stock Exchange. The IPO includes a strategic allocation and public offering of 40.4464 million shares, representing 10% of total shares. Preliminary pricing begins on August 5, 2026, with offline subscription starting on August 10. Wang Xingxing controls 68.78% of voting rights. Exchange flows are expected to shift as traders position ahead of the listing.

BlockBeats report, August 4: Hyperliquid has launched the pre-IPO perpetual contract for Unitree, with the ticker UNITREE, currently trading at $54.


Unitree Technologies is a leading Chinese consumer robotics company set to make its initial public offering and list on the STAR Market of the Shanghai Stock Exchange. This offering will be conducted through a combination of strategic placement, offline issuance, and online issuance. The company plans to publicly issue 40,446,434 shares, representing 10% of the total post-offering share capital, which will amount to 404,464,340 shares. The initial inquiry date is August 5, 2026, and the offline subscription date is August 10, 2026. The company has a special voting rights structure, under which its actual controller, Wang Xingxing, collectively controls 68.78% of the voting rights.

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