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  "path": "/hyperliquids-spacex-perp-lights-up-regulatory-gray-zone-over-private-markets/",
  "publishedAt": "2026-05-27T13:55:18.000Z",
  "site": "https://crypto.news",
  "tags": [
    "News",
    "Crypto assets",
    "DeFi",
    "Exchange"
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  "textContent": "A Hyperliquid powered, pre IPO style SpaceX perpetual contract on Trade.xyz is letting traders lever up on an implied $1.78 trillion valuation with no equity, no authorization and no clear regulatory home. Decentralized derivatives venue Hyperliquid has listed a pre…",
  "title": "Hyperliquid’s SpaceX perp lights up regulatory gray zone over private markets"
}