Anthropic pre-IPO perpetuals: Two Hyperliquid snapshots exceed $311 million in open interest

Originally published November 11, 2026, at 22:53:19 UTC+08:00.

Two Buildix snapshots of Anthropic pre-IPO perpetual contracts on Hyperliquid showed more than $311 million in combined open interest value, according to The Defiant, as reported by TechFlow. The readings were taken 25 minutes apart, so the figure is not a simultaneous market-wide total.

Trade.xyz’s ANT contract showed $109.37 million in open interest value, up about 30% from the $84.04 million The Defiant recorded on November 10. EntropyIO’s ANTH contract showed $201.81 million.

The contracts use different price references: ANT refers to one Anthropic Class A share, while each ANTH price point represents $1 billion in company valuation. Open interest value does not mean traders purchased Anthropic shares or that Anthropic received financing.

Original report: TechFlow