Anthropic's pre-market contracts briefly fell 5.6% after IPO details were revealed.

BlockBeats news, November 10 - According to Entropy data, Anthropic's on-chain pre-market contract fell 5.6% in the past 10 minutes, currently at $1,585, corresponding to a market cap of $1.58 trillion. The contract's 24-hour trading volume reached $41.3 million, with open interest at $156 million.

The Anthropic Pre-IPO market launched by HIP-3 market deployer Entropy is currently the most active Anthropic pre-market contract trading pair on-chain.

Separately, according to Binance market data, Anthropic's pre-market contract on the platform is currently at $1,336, with a short-term drop of over 4%.

Earlier reports indicated, according to sources, that Anthropic plans to raise up to $69.3 billion through its IPO, with a price range of $70-80 per share. Anthropic plans to issue 866,666,664 Class A shares in the IPO.