SPCX Hits $100M Daily Volume on Solana While Premium Holds Above 20%

Tokenized SpaceX equity SPCX continues its explosive growth, with 24-hour volumes on Solana reaching $100 million on June 17 and Hyperliquid perpetuals surpassing $1 billion the prior day. The product launched alongside SpaceX’s Nasdaq IPO at $135 on June 13, quickly capturing over 40% of Solana’s tokenized equity activity and spawning multiple leveraged ETFs and exchange listings. Intense demand caused $557 million in canceled subscriptions on June 12-13, while SPCX perpetuals later traded at a 20% premium near $230 versus $192 in traditional markets. The surge underscores rising crypto-native appetite for 24/7 equity exposure despite ongoing supply constraints.