Paragon Acquires CAMBRICON Code, May Launch Perpetual Contracts

News Editor

2026-08-09 08:35:06

On August 9, HIP-3 DEX Paragon spent 580.97 HYPE to acquire the code of CAMBRICON, suggesting perpetual trading for the Chinese AI chip designer could go live in the coming days. CAMBRICON focuses on AI core chips, covering cloud accelerators, edge computing, IP licensing, and system software.

BlockBeats reported on August 9 that Paragon, a HIP-3 decentralized exchange, purchased the code of CAMBRICON for 580.97 HYPE. The acquisition could lead to the launch of CAMBRICON perpetual contract trading within the next few days.

CAMBRICON is a Chinese artificial intelligence chip design company. Its business centers on the R&D, design, and sale of core AI chips. Products span cloud-based intelligent chips and accelerator cards, edge computing chips, IP licensing, and foundational system software. These offerings target AI training and inference scenarios, supplying computing power to servers and industries including internet, finance, transportation, energy, and manufacturing.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

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