NEW: $SPCX PRE-IPO PERP BY @tradexyz SURPASSES $200M OPEN INTEREST ON @HyperliquidX/ hyperliquid:native

NEW:  $SPCX PRE-IPO PERP BY  @tradexyz SURPASSES $200M OPEN INTEREST ON  @HyperliquidX/ hyperliquid:nativeDEGEN NEWS (@DegenerateNews)ICYMI: FOUNDER AND CEO OF ICE (OWNER OF  @NYSE) SAYS HE HAS MET WITH  @HyperliquidX TEAM A NUMBER OF TIMES "TO TALK ABOUT WHAT THEY'RE DOING, WHAT WE'RE DOING, WHERE THERE MAY BE SOME OVERLAP THAT WE CAN WORK TOGETHER ON"

"THEY HAVE GOTTEN ATTENTION BECAUSE THEY'VE BEEN TRADING OIL ON THE WEEKENDS WHEN OUR TRADITIONAL OIL MARKETS ARE CLOSED"

"THEY'VE LISTED SPACEX FOR TRADING -- OR THEY'VE LISTED A DERIVATIVE OF SPACEX FOR TRADING. AND I THINK IT'S GOING TO BE REALLY INTERESTING TO WATCH ON JUNE 11 WHEN SPACEX GOES PUBLIC, WHAT THIS PRIVATE MARKET HAS DISCOVERED AS THE PRICE AND WHETHER THAT PRICE IMPACTS THE IPO"

"... DEPENDING ON HOW MUCH LEVERAGE IS ALLOWED, YOU'RE GOING TO HAVE RETAIL ESSENTIALLY MATHEMATICALLY ARE GOING TO BE PUTTING A LOT OF CAPITAL AT RISK ON THAT IPO. IT MAY -- DEPENDING HOW BIG THIS GETS, IT COULD BE BIGGER THAN THE IPO"

H/T:  @TheOneandOmsy

SOURCE:  seekingalpha.com/article/490…—  https://x.com/DegenerateNews/status/2060159593464967575

— DEGEN NEWS (@DegenerateNews) Jun 12, 2026