Bybit Surpasses 200 TradFi Perps with Unitree and Moonshot AI
Bybit, a leading cryptocurrency exchange, has expanded its offering of tradfi perpetual contracts to over 200 products. The latest additions are Unitree and Moonshot AI pre-IPO contracts, which provide traders with price exposure without ownership in the underlying companies.
The Unitree contract is USDT-settled and offers leverage up to 10x. Unitree Robotics priced its Shanghai IPO at 150.80 yuan after retail demand exceeded 8,000 times subscriptions. The company's public debut will serve as a benchmark for the synthetic UNITREEUSDT contract.
Moonshot AI, on the other hand, has not confirmed an IPO timetable and disputed reports of an August filing. Bybit warns that its pre-IPO contract prices may differ from the eventual listing price and that leveraged traders can lose their entire margin.