OPENAI (OPENAI)

🤖 Aster launches 5x leveraged OpenAI Pre-IPO perpetuals aster-2:native has introduced a new financial instrument: 5x leveraged OpenAI Pre-IPO perpetual contracts, listed under the ticker $OPENAI. It is a synthetic product that allows traders to speculate on the implied price of OpenAI shares in secondary markets, without granting actual ownership, voting rights, or dividends. Key features Leverage up to 5x Reference: 1 billion fully diluted share model 24/7 trading with long and short positions Users trading in this market will earn 1.2x bonus points until June 2 at 23:59 UTC Estimated market launch: Q4 2026 Aster already has a similar market for SpaceX ($SPCX), consolidating its offering of pre‑IPO derivatives for major private tech companies. Important: high risk The platform warns that these contracts are purely synthetic and carry a significantly higher risk than traditional crypto futures. Aster also reserves the right to adjust, extend, liquidate early or delist the pair if private market conditions change dramatically. In summary Aster launches perpetuals with 5x leverage on OpenAI ahead of its potential IPO, allowing traders to speculate on its valuation without needing to access opaque and costly private markets. A high‑risk, high‑speculation product that reflects growing retail interest in pre‑IPO tech companies. Important notice: This information is based on Aster’s official announcement. It does not constitute investment advice. Always conduct your own analysis before making any decisions.

CoinW just added something interesting for traders 👀 $OPENAI USDT-TradFi Perpetual Futures is now live in pre-market trading, giving users 24/7 exposure to a traditional-market style asset through USDT-settled perpetuals. No expiry, up to 25x leverage, and a familiar futures setup for anyone looking to diversify beyond regular crypto moves. TradFi access is getting closer to crypto-style trading. Details: https://t.co/SK89zwkHzW JOIN- https://t.co/cIm9jdLZbG #CoinW #OPENAI #TradFi #FuturesTrading

Wu said he learned that Binance Futures announced that on May 26, 2026 at 08:30 (UTC) it will launch the OPENAIUSDT USDⓈ-M pre-IPO perpetual contract, with up to 20x leverage. The contract tracks the estimated equity value of OpenAI Group PBC, with an estimated share count of 1 billion shares, and a funding rate of 0.005% during the pre-IPO phase. https://t.co/qnIsc0ncX5

If based on the latest implied valuation, SpaceX, OpenAI and Anthropic will not just be high‑valued private companies. . But they will immediately jump into the list of the world’s largest companies. . If we rank by valuation in this picture SpaceX at about $2.10 trillion would rank around #7 larger than TSMC and Broadcom but still below Saudi Aramco . Anthropic at about $1.50 trillion would rank around #10 slightly larger than Meta and higher than OpenAI, Tesla and Berkshire Hathaway . OpenAI at about $1.35 trillion would rank around #12 close to Meta and higher than Tesla and Berkshire Hathaway . What’s interesting is that all three are still private companies but their valuations are on par with the world’s top public companies. . And if we look at the real substance, all three are AI‑related. . OpenAI is the AI application layer via ChatGPT, GPT, Sora and the AI ecosystem. . Anthropic is AI enterprise and AI safety via Claude and Constitutional AI. . SpaceX, although imagined as a space company, internally is full of autonomous landing, Starlink network, satellite data, automation and software infrastructure that heavily rely on AI. . If these companies actually IPO, do you think we will still see a picture like this, or are they over‑valued?

2026 is being watched as a year of one of the largest Mega IPO waves in history. . Reuters reports that SpaceX, OpenAI and Anthropic could together add about $3 trillion in value to the U.S. stock market. . But what's more interesting is Before these companies actually IPO the crypto world has already started a market that reflects the “expectations” for these companies. . It could be a reference contract that mirrors the market’s view on the valuation of these companies before the IPO. . If we base it on the current price on OKX the market is giving an implied valuation of roughly this. . SpaceX is around $2.1 trillion. OpenAI is around $1.35 trillion. Anthropic is around $1.5 trillion. . These numbers are very interesting because they are higher than many valuations discussed in the traditional private market. . That means in the eyes of the crypto market the narrative around AI, Space and frontier technology is still being valued at a very high level. . The key point is these numbers do not say the company “should be valued at this” but they indicate how high the crypto market is reflecting expectations before the IPO. . Previously, the private market was a space for VC, institutional investors, or those who could access the secondary market. . But now crypto exchanges are starting to create parallel markets that allow the general public to see the market’s view of companies before the IPO 24/7. . This is the most interesting picture of the story. . The Mega IPO wave is not only happening on Wall Street but it is already casting a shadow in the crypto market. . It must be clearly distinguished that the Pre-IPO Perpetual price on OKX is not the actual stock price and it is not the official valuation of the company. . It is an implied valuation from the reference contract market which can change according to liquidity, news, and market sentiment. . But on the big picture this is a signal that the line separating private market, public market and crypto market is becoming increasingly thin. . The question to watch is after this, how much will the crypto market become a new space for truly reflecting companies’ pre‑IPO valuations.

Easiest way to catch moves like this? @ventuals on Hyperliquid. H Hedge funding rate spikes via @boros_fi - hopefully soon

Some of the world's most innovative companies like OpenAI and SpaceX are still private and inaccessible. On Jupiter, anyone can swap into these tokenized stocks, thanks to @PreStocks. Data based on secondary markets are now also available. 1 Interface, Infinite Assets.