Yu Shu IPO's previous contract retreated by 14% as soon as it was launched, and the on-chain UNITREE funding rate quickly turned negative
2026-08-04 18:48:58
According to CoinMeta, Yushu Technology’s IPO contract (para : unitree) was launched on HyperLiquid this afternoon, with an opening price of $73.33. During the session, it rose to a high of $75.67 before falling to a low of $61.92. As of press time, it is trading at $62.88, representing a 14.2% decline from the opening price and a 16.9% pullback from its peak. Since its launch, the contract has seen approximately $2.74 million in total transactions, with outstanding contracts valued at around $1.039 million. Market sentiment has shifted from bullish to bearish, as the UNITREE funding rate has been positive in the first three settlements but then turned negative, currently standing at around -0.0044% per hour.
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Source:Internet
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