SpaceX Dominates as Tokenized Pre-IPO Trading Volume Surges 1,060%: CoinGecko
🚀 **Surge in Trading Volume:** Tokenized pre-IPO perpetual contracts saw a staggering 1,059% increase in trading volume from $60.51 million in April to $701.44 million in May 2026, according to CoinGecko.
🌌 **SpaceX Leads the Charge:** SpaceX pre-IPO perpetuals dominated the market with $305 million in trading volume, making up 43.5% of the total, ahead of its anticipated Nasdaq listing on June 12.
📈 **Price Convergence and Volatility:** Prices for SpaceX perpetual contracts varied across exchanges but converged to the $160-$165 range before the listing, ultimately closing at an average of $157, reflecting a 4.67% increase from its opening price of $150.
🚀 **Surge in Trading Volume:** Tokenized pre-IPO perpetual contracts saw a staggering 1,059% increase in trading volume from $60.51 million in April to $701.44 million in May 2026, according to CoinGecko.
🌌 **SpaceX Leads the Charge:** SpaceX pre-IPO perpetuals dominated the market with $305 million in trading volume, making up 43.5% of the total, ahead of its anticipated Nasdaq listing on June 12.
📈 **Price Convergence and Volatility:** Prices for SpaceX perpetual contracts varied across exchanges but converged to the $160-$165 range before the listing, ultimately closing at an average of $157, reflecting a 4.67% increase from its opening price of $150.