Tokenized Tesla Trading Jumps After Musk's Flying Roadster Reveal
Hourly volume in Hyperliquid's Tesla perpetual contract climbed to $47 million after a prototype demonstration, while U.S. stock markets were closed.
AfroEuropa Newsroom
AfroEuropa desk
Trading in Tesla-linked crypto derivatives rose sharply after Elon Musk presented a flying Roadster prototype on October 15, 2026, at a time when traditional U.S. stock markets were closed.
Hourly trading volume in Hyperliquid's Tesla (TSLA) perpetual futures contract climbed to $47 million, up from $2.8 million, according to reports cited by BitKE and CoinDesk. The contract rose about 5% to roughly $378, compared with Tesla's Nasdaq closing price of $362.44 ahead of the demonstration.
The Tesla contract, offered through Trade.xyz, tracks the stock's price without conferring direct ownership of Tesla shares. It is settled in USDC and lets traders take positions at any hour without a traditional stock brokerage account.
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