Crypto-enabled Pre-IPO Trading: Anthropic and OpenAI Perps Trade 42-106% Higher

Anthropic’s Perpetuals Doubled in Valuation in Under 4 Months Anthropic’s perpetual futures (perps) are trading at an average premium of 100.5% above the company’s last priced funding round, according to CoinGecko and DefiLlama data snapshotted on September 1, 2026. Across the 19 venues currently listing Anthropic pre-IPO perps, implied valuations range from $1.88T (Bitget) to $1.99T (Crypto.com). This is against Anthropic’s $965B post-money valuation set in its May 28, 2026 Series H-4 round.