The off-exchange market capitalization of Ebang International has reached ¥3.8 trillion, with a premium of nearly 7 times the issuance price.

BlockBeats News, July 15th, according to trade.xyz market data, the Changxin Technology (CXMT) contract on the platform experienced a rapid surge after the price protection mechanism was lifted, currently trading at $8.48. Based on the prospectus, the post-IPO total shares outstanding are approximately 6.688 billion shares, corresponding to a market capitalization of 3.8 trillion RMB.

It is important to note that the current open interest for this contract is $6.01 million with a trading volume of $5.13 million. Due to the price protection mechanism (triggered by a significant deviation between the reference price and the oracle price), trading of this contract has been partially restricted, and the overall trading volume has not entirely reflected investors' trading demand.