CryptoMedium•11 November 2026•
1 min read
Anthropic Perpetuals on Hyperliquid Trade 23.7% Above Proposed IPO Ceiling
Key Facts
1Anthropic perpetual futures on Hyperliquid are trading 23.7% above the top end of the proposed IPO price range.
2Anthropic proposed 825 million shares priced between $70 and $78 apiece.
3The implied fully diluted valuation of Anthropic is approximately $1.405 trillion at the top of the range.
Anthropic perpetual futures on the Hyperliquid platform are trading 23.7% above the top end of the company's proposed IPO price range. Tokenpost reported that Anthropic has proposed an offering of 825 million shares priced between $70 and $78 apiece, implying a fully diluted valuation of approximately $1.405 trillion at the maximum price point.
The premium in the perpetual markets suggests speculative interest exceeding the official estimates in Anthropic's updated prospectus, which outlines plans to list on the Nasdaq under the ticker ANT. The trading activity on Hyperliquid highlights a significant divergence from the $78 IPO ceiling.