BlockBeats News, August 5th, the HIP-3 decentralized exchange Trade.xyz has launched the Unitree IPO Pre-IPO perpetual contract, currently priced at $69, corresponding to a post-listing market value of approximately $27.9 billion.

In addition, the HIP-3 decentralized exchange Paragon also launched the Unitree IPO Pre-IPO perpetual contract yesterday, currently priced at $68.8.

The UNITREE pre-market perpetual contract price represents the USD price of one share of Unitree common stock. Unitree's ChiNext IPO plans to issue at least about 40.45 million shares, accounting for 10% of the post-issue total share capital, with a post-issue total share capital of about 404.5 million shares. The current contract price corresponds to an implied market value of $27.9 billion, approximately 190.6 billion RMB. The Unitree IPO prospectus targets an issue valuation of about 42 billion RMB (approximately $5.8-6.2 billion), and is expected to bring a 4.5x subscription gain post-listing.

Unitree is about to go public for the first time and list on the SSE Star Market, with the offline subscription date set for August 10, 2026.