Hyperliquid launches synthetic perpetual contract on SpaceX shares

Decentralized platform Hyperliquid introduced a synthetic perpetual contract SPCX, replicating SpaceX performance, through Trade.xyz.

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The fact

This unregulated financial instrument allows traders to speculate on SpaceX without owning actual shares.

The launch illustrates the expansion of synthetic markets in crypto and supports the rise of Hyperliquid's HYPE token.

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Auto-synthesis from 2 media sources · identified on May 18, 2026