Quantinuum Pre-IPO Contract Price Surges by 30.5% in Four Days, Trader Achieves 126% Profit on First Day of Trading

BlockBeats News, June 2nd, according to Hyperinsight Monitoring, QNT (Quantinuum) has surged by 30.5% since its deployment on Trade.xyz within Hyperliquid on May 29th, reaching $94.2 (implying a valuation of about $23.9 billion). The 24-hour trading volume has reached $1.56 million, with an open interest of around $3.6 million.

Long positions entering on the first day of the contract's launch have reaped generous returns. A certain on-chain trader, leveraging 5x long, opened a position with only about $27,000, currently holding an unrealized profit of $34,000, resulting in a return rate of approximately 126% on the principal.

During the same period, Binance also launched a corresponding Pre-IPO contract, currently priced at $93.3, with a price difference of about $0.9 compared to Hyperliquid, a 24-hour trading volume of around $5.95 million, and an open interest of about $1.99 million.

It is reported that Quantinuum Inc. is a quantum computing company, a subsidiary of Honeywell, currently in the pre-IPO stage, drawing significant attention due to the demand for AI in high-performance computing and the excitement in the quantum computing market. The company plans to price on the morning of June 4th (Thursday) around 7:00–10:00 and officially commence trading after 21:30 the same evening.

Note: To avoid confusion with QNT spot/perpetual (Quant Network, cryptocurrency), Binance has assigned the contract code QNTX on the Pre-IPO platform.

Address: 0x1367df28c0681431b8a8f3d887576a1cad85560e

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