Anthropic Pre-IPO perpetual quotes converge to 102–104 USD
BIBIBI
AT A GLANCE
The source says Anthropic’s Pre-IPO perpetuals showed a more than 15-fold nominal price gap before an adjustment brought normalized exchange quotes closer together.
Article
Anthropic has yet to go public, but crypto traders have already profited
Anthropic Pre-IPO perpetual contracts displayed a more than 15-fold nominal price gap because exchanges used different share-count denominators. Traders exploited the Rebase rules. After the S-1/A prospectus disclosed about 13.087 billion shares outstanding, OKX applied an adjustment factor of 1.3116, and normalized quotes converged to 102–104 USD.
The source says Anthropic has yet to go public and its Pre-IPO perpetuals had a more than 15-fold nominal price gap because of different share-count denominators. Traders exploited the Rebase rules.
02
The source says the S-1/A prospectus disclosed about 13.087 billion shares outstanding.
03
The source says OKX applied a 1.3116 adjustment and normalized quotes converged to 102–104 USD.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Different share-count denominators produced widely different nominal contract prices. The source says traders took advantage of the Rebase adjustment rules, and normalized quotes moved closer together after adjustment.
Why it matters to readers
Check the quotation methodology before comparing contracts. The source attributes the nominal gap to different share counts, and the headline prices alone do not establish an arbitrage opportunity.
Compare exchange prices only after checking their basis. The reported arbitrage profits do not establish a repeatable return.
Risks and unknowns
The brief report supplies no prospectus or exchange notice, so the share count, adjustment parameter and quotes have not been independently verified.
The source does not identify the other exchanges, the quote times, how 1.3116 was calculated or the full Rebase rules.
The source provides no actual returns, transaction costs or actionable arbitrage steps.
Related Developments
Loading event timeline…
Related concepts
Pre-IPO
This term is not in the glossary yet. Browse related concepts in the glossary.
A derivative contract with no expiration date, designed for continuous holding, whose funding rate mechanism helps keep its price close to that of the underlying asset.
