> For the complete documentation index, see [llms.txt](https://docs.trade.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.trade.xyz/consolidated-resources/specification-index-ipops.md).

# Specification Index (IPOPs)

{% hint style="info" %}
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.
{% endhint %}

<table><thead><tr><th>Market</th><th width="106.2423095703125">Status</th><th width="253.49481201171875">Description</th><th width="97.6171875">Initial Price</th><th width="113.9453125">Discovery Bound</th><th width="117.4375">Max Discovery Range  Resets</th><th>Anticipated Listing Event</th><th width="127.908447265625">Anticipated Listing Date</th><th>Funding Rate Multiplier</th><th>Listing Grace Period</th><th width="110.48260498046875">Max Leverage</th><th>Margin Mode</th></tr></thead><tbody><tr><td>SKHY</td><td>Live</td><td>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.<br><br>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.</td><td>$150</td><td>10%</td><td>4</td><td>IPO</td><td>July 10, 2026</td><td>0.005</td><td>Up to 60 days (no later than September 7, 2026)</td><td>10x</td><td>Normal Isolated</td></tr><tr><td>SpaceX (SPCX)</td><td>Converted</td><td>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.</td><td>$150</td><td>±30%</td><td>3</td><td>IPO</td><td>June 12, 2026</td><td>0.5</td><td>Up to 60 days (no later than August 12, 2026)</td><td>5x</td><td>Strict Isolated</td></tr><tr><td>Quantinuum (QNT)</td><td>Converted</td><td>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.</td><td>$75</td><td>±25%</td><td>8</td><td>IPO</td><td>June 4, 2026</td><td>0.5</td><td>Up to 60 days (no later than August 3, 2026)</td><td>5x </td><td>Strict Isolated</td></tr><tr><td>Cerebras (CBRS)</td><td>Converted</td><td>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.<br><br>Converted on 5/14. See <a href="/pages/sddGfSODmuM0EEU5Jj21">Specification Index</a> for current specifications.</td><td>$175</td><td>±25%</td><td>5</td><td>IPO</td><td>May 14, 2026</td><td>0.5</td><td>Up to 60 days (no later than July 14, 2026)</td><td>5x</td><td>Strict Isolated</td></tr></tbody></table>


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