Hyperliquid sets the early pricing of the Metaverse Tree seed round at 4.88x, with the offline subscription date scheduled for August 10th.

August 4th, Hyperliquid has launched the Unitree IPO Pre-IPO perpetual contract, currently priced at around $74, corresponding to a post-listing valuation of approximately $300 billion.

The UNITREE pre-IPO perpetual contract price represents the US dollar price of 1 share of Unitree Technology common stock. Unitree's ChiNext IPO plans to issue at least about 40.45 million shares, accounting for 10% of the total post-IPO share capital, with a total post-IPO share capital of about 404.5 million shares. The current contract price corresponds to an implied valuation of $30 billion, approximately 205 billion RMB. Unitree's IPO prospectus targets a market cap of about 42 billion RMB (approximately $5.8–6.2 billion), and is expected to bring about a 4.88x IPO return.

Unitree is about to go public for the first time and list on the Shanghai Stock Exchange's Sci-Tech Innovation Board. This issuance will be conducted through a combination of strategic placement, offline allotment, and online offering. The planned public offering this time is 40.446434 million shares, with a total post-offering share capital of 404.46434 million shares. The initial inquiry date is August 5, 2026, and the offline subscription date is August 10, 2026.