In a report published on November 11, 2026, at 22:00:21 UTC+8, PANews cited Hyperliquid on-chain data showing Trade.xyz’s Anthropic pre-IPO perpetual contract (xyz:ANT) at about $106. That was roughly 36% above the $78 upper end of Anthropic’s indicative IPO price range.
The contract price implied a fully diluted valuation of about $1.9 trillion, compared with about $1.4 trillion at the upper end of the prospectus price range. The contract was up approximately 9.8% over the preceding 24 hours, with about $64.8 million in 24-hour trading volume. PANews said earlier reports expected Anthropic to set its IPO offering price the following Wednesday.