Specification Index (IPOPs)

A consolidated specification table of all Pre-IPO Perpetual Markets

Anticipated Listing Date is for reference purposes only, and may differ significantly from the actual IPO date.

Listing Grace Period defines the period following the expected listing date during which the underlying security may be delayed from listing without causing the market to enter Alternative Settlement procedures on the basis of Extraordinary Delay.

Public filings and offering terms may be incomplete, preliminary, or later revised. These figures should not be treated as indicative market capitalizations or fair value references for the underlying issuer. The ultimate public price or number of fully diluted shares may differ materially.

Market	Status	Description	Initial Price	Discovery Bound	Max Discovery Range Resets	Funding Rate Multiplier	Margin Mode	Discovery Bound Oracle Threshold	Max Leverage	Anticipated Listing Event	Anticipated Listing Date	Listing Grace Period
SHEIN	Converted	SHEIN is a pre-IPO market reflecting the market-implied expected price per Class B ordinary share of SHEIN Global Holdings Limited, expected to list on HKEX (code 0625). SHEIN is an online fashion and lifestyle retailer selling own-brand apparel and third-party marketplace products. After the IPO, the oracle will convert the HKD share price to USD at the prevailing USD/HKD FX rate.	$8	±50%	3	0.005	Normal Isolated	75%	5x	IPO	September 1, 2026	Up to 60 days (no later than October 31, 2026)
UNITREE	Converted	UNITREE is a pre-IPO market reflecting the market-implied expected price per A-share of Unitree Technology Co., Ltd., expected to list on the Shanghai STAR Market (code 688836). Unitree designs and manufactures quadruped and humanoid robots and robotic arms. After the IPO, the oracle will convert the CNY share price to USD at the prevailing offshore USD/CNH rate.	$75	±50%	2	0.005	Normal Isolated	90%	5x	IPO	August 14, 2026	Up to 60 days (no later than October 13, 2026)
CXMT	Converted	CXMT is a pre-IPO market reflecting the market-implied value of 1 ordinary share (A-share) of ChangXin Technology Group Co., Ltd. (SHE: 688825) in USD terms. CXMT manufactures semiconductor DRAM memory chips. After the IPO, the oracle will convert the underlying stock’s Renminbi price to USD at the prevailing FX rate.	$5	50%	2	0.005	Normal Isolated	90%	5x	IPO	July 27, 2026	Up to 60 days (no later than September 25, 2026)
SKHY	Converted	SKHY tracks the value of 1 SK Hynix American Depositary Share — the Nasdaq-listed security representing one-tenth of a SK Hynix common share held on deposit with a depositary bank. It launches as a pre-IPO contract and converts to a standard XYZ perpetual after the ADS begins trading on Nasdaq. TradeXYZ’s existing SKHYNIX market (xyz:SKHX) is unchanged. It tracks 1 common share of SK hynix Inc. (KRX: 000660) and continues to operate normally against the company’s primary listing in Seoul.	$150	10%	4	0.005	Normal Isolated	90%	10x	IPO	July 10, 2026	Up to 60 days (no later than September 7, 2026)
SpaceX (SPCX)	Converted	SPCX is a pre-IPO market reflecting the market-implied expected price per share of Space Exploration Technologies Corp. Class A common stock. SpaceX designs, manufactures, and launches rockets and spacecraft; operates Starlink, a satellite internet network providing global broadband connectivity; and wholly owns xAI, an artificial intelligence company developing frontier AI models.	$150	±30%	3	0.5	Strict Isolated	90%	5x	IPO	June 12, 2026	Up to 60 days (no later than August 12, 2026)
Quantinuum (QNT)	Converted	Quantinuum is a pre-IPO market reflecting the market-implied expected price per share of Quantinuum Inc. Class A common stock. Quantinuum develops quantum computing hardware, software, and applications, including trapped-ion quantum computers, quantum software tools, and solutions for cryptography, chemistry, optimization, and machine learning.	$75	±25%	8	0.5	Strict Isolated	90%	5x	IPO	June 4, 2026	Up to 60 days (no later than August 3, 2026)
Cerebras (CBRS)	Converted	CBRS is a pre-IPO market reflecting the market-implied expected price per share of Cerebras Systems Class A common stock. Cerebras develops AI chips, supercomputing systems, and cloud infrastructure designed to power large-scale artificial intelligence workloads. Converted on 5/14. See Specification Index for current specifications.	$175	±25%	5	0.5	Strict Isolated	90%	5x	IPO	May 14, 2026	Up to 60 days (no later than July 14, 2026)