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Robot maker Unitree’s IPO surges 600%, outpacing crypto traders’ premarket bets

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A Hyperliquid perp priced Unitree far above its IPO valuation before Shanghai trading began, but the robot maker’s first public trade still opened roughly 75% above crypto traders’ implied price.

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Robot maker Unitree’s IPO surges 600%, outpacing crypto traders’ premarket bets

CoinDesk 7h ago

Robot maker Unitree’s IPO surges 600%, outpacing crypto traders’ premarket bets

A Hyperliquid perp priced Unitree far above its IPO valuation before Shanghai trading began, but the robot maker’s first public trade still opened roughly 75% above crypto traders’ implied price.