Bullish
Bitget Launches MOONSHOT Perpetual Contracts with 10x Leverage Ahead of IPO
2026-08-07 19:24
Bitget introduces MOONSHOT/USDT perpetuals offering 10x leverage and 24/7 trading ahead of the AI firm's IPO, enabling early market exposure for the Alibaba-backed entity.
Woofun AI reports that Bitget has introduced perpetual contracts for the MOONSHOT/USDT trading pair in anticipation of Moonshot AI's initial public offering. The new product provides traders with up to 10x leverage and round-the-clock trading access.
Moonshot AI, a Chinese artificial intelligence research firm renowned for its Kimi series, has secured backing from Alibaba and Tencent. The company is widely viewed as a leading IPO candidate within China's large-model industry sector.
WOOFUN AI
Impact Assessment · Quick Read
The launch of perpetual contracts prior to the IPO allows traders to speculate on Moonshot AI's valuation without owning equity, potentially increasing liquidity and price discovery efficiency. Backing from major tech giants like Alibaba and Tencent suggests strong institutional confidence, which may drive volatility in the derivative market as the listing approaches.
Generated by WOOFUN AI · For reference only, not investment advice
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