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Leveraged crypto contract on Anthropic IPO falls 20% in first hour

CoinDesk reports that traders are placing leveraged bets on Anthropic's IPO through crypto contracts, citing Trade.xyz's new ANT contract on Hyperliquid. The post states the contract fell about 20% in its first hour, that there are no shares behind it, and that U.S. traders are locked out.

Why “Unverified”

  • Reported by CoinDesk alone, with no second source or primary confirmation yet

1 independent source group across 1 post · evidence score 60/100. How labels work

What the sources claim

  1. Trade.xyz's new ANT contract fell about 20% in its first hour on Hyperliquid.

    “Trade.xyz’s new ANT contract fell about 20% in its first hour on Hyperliquid.”
    CoinDesk

  2. The ANT contract has no shares behind it.

    “There are no shares behind it”
    CoinDesk

  3. U.S. traders are locked out of the ANT contract.

    “U.S. traders are locked out.”
    CoinDesk

Sources

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Summary and claims extracted by AI with prompt analyze-story@5 on 2026-10-31 16:10 UTC. Labels are computed from the sources, not by the model.