Hyperliquid SpaceX market long/short ratio reaches 85:15, with implied valuation of approximately $2.15 trillion

Odaily Planet Daily News According to data from the Hyperliquid market disclosed by MLM, as the SpaceX IPO approaches, the SpaceX prediction market on Hyperliquid is currently quoted at approximately $166/share, corresponding to an implied valuation of about $2.15 trillion.

Data shows that there are currently 4,528 traders holding open positions, of which 3,865 are long and 663 are short, with a long/short ratio of approximately 85:15. The open interest in this market is approximately $66.6 million, with cumulative trading volume exceeding $450 million, trading units reaching 2.333 million, and cumulative transactions exceeding 917,000 within three weeks.

In terms of profitability, among the 4,528 position-holding users, 1,001 are in profit, accounting for 22%; 3,527 are in a loss-making state, accounting for 78%. Based on notional position size, the current largest short position holds approximately 27,100 SPCX shares, with a position value of about $4.5 million; market maker Cumberland is the second-largest short, holding approximately 18,700 SPCX short positions, valued at about $3.1 million.