Hyperliquid has launched the Yggdrasil IPO Pre-IPO Perpetual Contract

August 4th, Hyperliquid has launched the Unitree IPO Perpetual Contract, with the code UNITREE, currently priced at $54.

Unitree is a leading Chinese consumer robotics company that is preparing for its initial public offering (IPO) and listing on the Shanghai Stock Exchange Sci-Tech Innovation Board. The offering combines a combination of strategic placement, offline allocation, and online subscription. The planned number of shares to be issued this time is 40.446434 million shares, accounting for 10% of the post-offering total share capital, with a total post-offering share capital of 404.464340 million shares. The initial inquiry date is August 5, 2026, and the offline subscription date is August 10, 2026. The company has a special voting power mechanism, and the actual controller, Wang Xingxing, collectively controls 68.78% of the company's voting rights under the differential voting rights arrangement.