Cryptocurrency News & Market Updates

Change Log: Version 1.133
Change Log: Version 1.133

The Bitfinex Change Log is an overview of all performance and UI changes made to the Bitfinex trading platform. For an overview of all previous changes, please refer to blog.bitfinex.com/category/changelogs.

Jun 10, 20261 min read


Trade SpaceX at up to 5x leverage before the IPO: the Kraken SPCX pre-IPO perp is now live
Trade SpaceX at up to 5x leverage before the IPO: the Kraken SPCX pre-IPO perp is now live

TL;DR

  • Kraken has listed a pre-IPO perpetual on SPCX (Space Exploration Technologies Corp., or “SpaceX”), so you can go long or short on SpaceX exposure before it goes public.

  • Trade with up to 5× leverage and multi-collateral (flex) margin, with no expiry.

  • Pricing uses a purpose-built Kraken PreMarket Synthetic index that is smoothed and tightly bounded, designed to resist flash liquidations in a thin, early market.

  • If and when SpaceX completes an IPO, Kraken intends to convert the contract to standard tokenized-equity-style pricing, and contract specifications are expected to change.

Trade the SpaceX pre-IPO perp What is the SPCX pre-IPO perpetual?

SpaceX is one of the most valuable private companies in the world, but its shares are not yet publicly traded. The SPCX pre-IPO perpetual (PF_SPCXXUSD) is a cash-settled perpetual contract that lets you express a view on SpaceX’s value today, without waiting for an IPO:

Jun 7, 20265 min read