Asset Intelligence / Hyperliquid Context
UNITREE
Archive-backed market intelligence for UNITREE: every HIPERWIRE mover article tied to this asset, plus a client-refreshed live market panel.
Tracks the value of one share of Hangzhou Yushu Technology Co., Ltd. (Unitree Robotics) ahead of its public listing. Unitree develops quadruped and humanoid robots, motion-control actuators, and embodied AI systems for research, industrial, and consumer applications.
Live Structure
Market Status
Loading current market structure…
- Builderpara
- Categorystock
- Tracked Marketxyz:UNITREE
- Latest TweetOpen
No other live markets from this builder in the current screener.
No same-category alternatives are live in the current screener snapshot.
Archive Summary
Latest Archived Thesis
The Unitree Perp Is Marking 8% Below Shanghai's Last Print
Shanghai has been closed since Friday's bell, so the 7.07% drop in the para:UNITREE perp happened with no underlying tape to follow. At roughly 6.72 yuan to the dollar, Friday's 672.41 yuan close works out to about $100.06 a share. The perp is at $91.91 — an 8% discount, and a bet that Monday's open is lower still. That would be the fourth straight down session after a debut that opened 629% above the IPO price and has since given back 39% of it.
Archive
All UNITREE Mover Articles
The Unitree Perp Is Marking 8% Below Shanghai's Last Print
Shanghai has been closed since Friday's bell, so the 7.07% drop in the para:UNITREE perp happened with no underlying tape to follow. At roughly 6.72 yuan to the dollar, Friday's 672.41 yuan close works out to about $100.06 a share. The perp is at $91.91 — an 8% discount, and a bet that Monday's open is lower still. That would be the fourth straight down session after a debut that opened 629% above the IPO price and has since given back 39% of it.
Unitree's Listing Date Lands, and the Hyperliquid Perp Reprices to $101.80
A Shanghai exchange filing on August 17 set Unitree's STAR Market debut for August 19, removing the last real uncertainty from a pre-listing trade that had been guessing at a five-day window. The para:UNITREE perp on Hyperliquid took that certainty up 10.05% over 23 hours to $101.80, roughly 4.5 times the 150.80 yuan IPO price. That marks the pre-IPO book at about a $41 billion valuation against the $9 billion the underwriters printed. Convergence is now a scheduled event with a known date, and the STAR Market gives it no price limit for five sessions.
How to Trade UNITREE (Unitree Robotics) on Hyperliquid
UNITREE is a HIP-3 perpetual that tracks one share of Hangzhou Yushu Technology, the Chinese maker of the Go2 quadruped and the G1 and H2 humanoid robots. The company priced its Shanghai STAR Market IPO at 150.80 yuan, roughly $22.34 a share, for a $9.04 billion valuation, and retail demand was oversubscribed thousands of times over. The perp last traded at $91.08, about four times the IPO price, which means the Hyperliquid order book is pricing a first-day move that mainland shares have not yet made. Here is what the company actually sells, how the contract works before and after listing, and what can break the trade.
Background reading selected from this asset's symbol, builder context, and archived catalyst coverage.