trade.xyz acquires UNITREE code, may launch Unitree futures trading

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trade.xyz has acquired the UNITREE (Unitree) code on HIP-3 for 565.54 HYPE and may soon launch perpetual futures for Unitree. Paragon, HIP-3’s DEX, previously purchased the same code for 577.66 HYPE and listed pre-IPO perpetual futures. Unitree, a leading Chinese robotics company, is preparing for a STAR Market IPO. The offering includes 40.4464 million shares, representing 10% of post-offering equity. Preliminary pricing will commence on August 5, 2026, with offline subscription on August 10. Wang Xingxing holds 68.78% of voting rights through a special mechanism. The futures market for Unitree could expand as the company approaches its listing.

ChainCatcher report: trade.xyz purchased the UNITREE (Unitree Robotics) code for 565.54 HYPE on HIP-3 and may launch perpetual contracts for Unitree Robotics in the coming days. Previously, the decentralized exchange Paragon on HIP-3 acquired the UNITREE (Unitree Robotics) code for 577.66 HYPE and has already listed pre-IPO perpetual contracts for Unitree Robotics. Unitree Robotics is a leading Chinese consumer robotics company set to make its initial public offering on the STAR Market of the Shanghai Stock Exchange. The offering will combine strategic placements, offline institutional allocations, and online retail subscriptions. The company plans to issue 40,446,434 new shares, representing 10% of the post-offering total capital, resulting in a total post-offering share capital of 404,464,340 shares. The initial price inquiry date is August 5, 2026, and the offline subscription date is August 10, 2026. The company has a special voting rights structure, with its actual controller, Wang Xingxing, holding a combined voting power of 68.78% under the differential voting rights arrangement.

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