trade.xyz launches SpaceX pre-IPO contract with a $216 price tag and a $12.34M position size

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Summary

On May 18, trade.xyz listed a pre-IPO contract for SpaceX, with the SPCX token priced at $216, implying a $2.56 trillion valuation. The trading pair generated $11.48 million in trading volume within one hour, and the total position size reached $12.34 million. The surge in trading volume reflects increased market activity, though the Fear & Greed Index remains a key indicator for traders to monitor.

BlockBeats news: On May 18, trade.xyz Pre-IPO (pre-market contract) announced the listing of SpaceX. As of press time, SPCX is trading at $216, implying a $2.56 trillion valuation.

Within one hour of listing, the trading pair achieved a trading volume of $11.48 million and an open interest of $12.34 million.

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