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Knowledge Atlas Technology JSC Ltd (Derivatives) (ZHIPU)
Knowledge Atlas Technology JSC Ltd (Derivatives) ZHIPU Price History USD
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ZHIPU unlocks 5.7% on July 8, doubling the circulating supply.
There are still 7 trading days left, and the price will definitely stay under pressure; generally, the unlock day brings a massive crash.
Hong Kong brokerages currently cannot borrow securities, but it's not a big issue; we have https://t.co/4GHCXdHGvy.
Take the high point and cut it in half. Low leverage is safety first. https://t.co/MgaZdaAlZw
Of course, nobody seriously sees Lighter as a Hyperliquid competitor anymore, and Vlad has noticeably toned down the rhetoric.
But here's a fun fact:
$ZHIPU reached $700k OI on Hyperliquid within the first 15 minutes of listing.
The same perp reached just $6k OI on Lighter after its first 10 hours.
The market has spoken.
Chinese OpenAI now live on Hyperliquid
$ZHIPU https://t.co/c9bOQTvwMv
hyperliquid listed the $zhipu perp
branded it the chinese openai
$5m open interest instantly
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