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IPOsTechFlowChinese, translatedFiled 34 h ago

Pre-IPO perpetual contract open interest snapshot for Anthropic totals over $300 million

Original headlineAnthropic 上市前永续合约持仓快照合计超 3 亿美元

Open the sourceReported by TechFlow, techflowpost.com, 11 November 2026

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Pre-launch perpetual futures tied to Anthropic drew more than $311 million in combined open interest across two Hyperliquid contracts, according to two Buildix snapshots taken 25 minutes apart. Trade.xyz’s ANT contract accounted for $109.37 million, up about 30% from the $84.04 million The Defiant recorded on November 10, while EntropyIO’s ANTH contract held $201.81 million. The two contracts use different quotation conventions: ANT references one Anthropic Class A share, whereas each ANTH price point represents $1 billion of company valuation. Open interest reflects derivative positioning rather than purchases of Anthropic stock or capital raised by the company. The figures are snapshot readings rather than a synchronized market-wide total, so the next thing to watch is whether open interest and pricing converge as Anthropic’s listing approaches.

Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.

Named in this story

Anthropic, Hyperliquid (HYPE), Buildix, EntropyIO, Trade.xyz, The Defiant

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