永续期货 — Page 3

Kalshi表示其新推出的美国永续期货交易量超过10亿美元，提供了早期需求信号。

SPCX pre-IPO perps drew $2.1B on Binance in 18 days and $115M+ OI on Hyperliquid ahead of expected Thursday pricing.

The exchange is pitching the products as regulated derivatives as MiCA’s July 1, 2026 authorization deadline approaches.

The note spotlights $1.06B annualized fees, $220B 30-day perp volume, and $2B+ in cumulative HYPE repurchases since Jan. 2025.

Worldcoin whipsawed from above $0.60 to around $0.40 as Hayes cited a falling SpaceX pre-IPO perp chart.

Negative perp funding and $1.28B in long liquidations met a fresh Zcash infinite-mint bug headline and a DeFi TVL slide.

Liquidation estimates show $2.6B of shorts at risk into $66K versus $1.2B on a drop to $57K, while ETFs logged a $3M inflow.

Hayes cited macro risk and “AI IPO” mania, while 10x Research flagged rich valuation and a June token unlock overhang.

The USDC-settled perpetual futures contract offers eligible international users 24/7 exposure to SpaceX's estimated pre-listing valuation.

The exchange is pairing the bank rails with access to spot markets, perpetual futures, and Advanced Trade on one platform.

Eligible US institutions can onboard immediately via a CFTC-regulated FCM pathway, with broader access expected later.

The $72K–$74K support zone and a $77K reclaim level are in focus as liquidations top $200M.

The Base, Balanced, and Opportunistic funds are designed to be accessed from the same self-custodial trading balance.

He says Hyperliquid and beaten-down AI tokens like NEAR and TAO signal a renewed altcoin risk-on phase.

The contracts will settle against ICE’s Brent and WTI benchmark prices and mark the first product from the firms’ March partnership.

The USDT-margined perp is designed to track pre-IPO valuation signals, then shift to live share performance after listing.

The note argues HYPE is being valued as “just perps” despite Hyperliquid’s multi-asset ambitions and non-crypto-linked volume.

Annualized funding swung from +8% to -3% in days while weekly DEX volume and DApp revenue fell well below January levels.