SpaceX perpetual futures trading surges following earnings report
Current overview (not historical)
SpaceX perpetual futures trading reached approximately $6 billion in turnover across Binance and Hyperliquid after the company's earnings report on October 20, 2026, marking more than an eightfold increase from the previous day's volume. Concurrently, Binance open interest saw a decrease of about 8% following the earnings release. According to Talos, the Binance SPCX perpetual gained 8.5% from the earnings price until the subsequent US open. The SPCX specification references a single SpaceX Class A share quoted in dollars, supporting up to 20x cross margin leverage.
Written with AI from the reporting · updated 10/23/2026
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- 1Unclassified fact stationOct 20, 00:00recorded Oct 24, 03:19single sourcerevised
SpaceX perpetual futures trading surged after earnings
Read original source ↗ CryptoSlateReplay this moment in the explorerEvidence & revisions · 1 source records
- Subject：
- SpaceX perpetual futures
- Action：
- trading surged
- Object：
- about $6 billion in turnover across Binance and Hyperliquid
- Occurred (fact side)：
- Oct 20, 00:00
- Published (valid side)：
- Oct 24, 03:10
- First seen (known side)：
- Oct 24, 03:19
Fact stationSingle source · one-sided claimRevisedCopy may have been revised later; time replay is bounded. Layer labels group reading only, not causation between layers.
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- CryptoSlateRelated fact: single sourceSource report revisedSpaceX perpetual futures trade about $6 billion following October 20 earnings release
Report first recorded Oct 24, 03:19
Market-data provider Talos reported that SpaceX perpetual futures turnover across Binance and Hyperliquid reached about $6 billion after the company's October 20 earnings release, which was more than eight times the prior day's volume. Concurrently, Talos also reported that Binance open interest fell by about 8% after the earnings announcement. The $6 billion turnover figure covers two venues, while the open interest figure is specific to Binance, meaning the surge in trading volume and the decline in open interest measure different market activities.
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