Anthropic Perp Exposure Tops $300 Million in Snapshots

Anthropic perpetual exposure across Hyperliquid markets has surpassed $300 million, according to Buildix snapshots, with the Trade.xyz contract alone accounting for $109.4 million—roughly 30% above The Defiant's Nov. 10 reading. The figures span multiple Hyperliquid markets, underscoring growing demand for leveraged exposure to the AI developer's private valuation. The milestone matters because it shows decentralized perpetual venues increasingly serving as price-discovery channels for pre-IPO, non-token assets. Traders will watch whether open interest and volumes on Trade.xyz and peer Hyperliquid markets keep climbing, and whether other private tech names attract similar perp activity.