ChainCatcher, citing data from RootData, reported that perpetual stock contracts traded on exchanges may have started pricing in equity market moves while traditional markets were closed for the weekend. The data showed broad gains across crypto-linked and technology-related names in premarket-style pricing.
Strategy (MSTR) led the group, with its contract quoted at $162.81 versus the previous official close of $153.92, a gain of 5.78%. Coinbase (COIN) was at $201.47, up 3.72% from $194.25, while Circle (CRCL) traded at $95.06, up 3.57% from $91.78. Robinhood (HOOD) rose 3.45% to $123.95, and AMD (AMD) gained 3.15% to $577.46.
Other names in the RootData snapshot also moved up. Micron Technology (MU) was quoted at $1,040.67, up 2.45% from $1015.80. Meta (META) climbed 2.45% to $682.04. Tesla (TSLA) added 1.77% to $370.73, SanDisk (SNDK) rose 1.64% to $1,821.27, and Nvidia (NVDA) was up 1.21% to $224.96.
Perpetual stock contracts traded on exchanges may have started pricing in equity market action during the weekend closure of traditional markets, according to ChainCatcher, which cited RootData data.
RootData’s snapshot showed broad premarket-style gains in crypto-linked stocks. The Strategy (MSTR) contract was quoted at $162.81, up 5.78% from the previous official close of $153.92. The Coinbase (COIN) contract was quoted at $201.47, up 3.72% from $194.25, while the Circle (CRCL) contract stood at $95.06, up 3.57% from $91.78.
Elsewhere, the Robinhood (HOOD) contract was quoted at $123.95, up 3.45% from the previous close of $119.82. AMD (AMD) was at $577.46, up 3.15% from $559.82. Micron Technology (MU) was quoted at $1,040.67, up 2.45% from $1015.80, and Meta (META) was at $682.04, also up 2.45% from $665.75.
Tesla (TSLA) was quoted at $370.73, up 1.77% from $364.27. SanDisk (SNDK) stood at $1,821.27, up 1.64% from $1,791.82, while Nvidia (NVDA) was at $224.96, up 1.21% from $222.27.
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