Bitget has launched the MOONSHOTUSDT pre-IPO perpetual futures pair, giving traders USDT-settled exposure to Moonshot AI ahead of any public listing with up to 10x leverage. Bitget describes Moonshot AI as a Chinese artificial intelligence research and application company co-founded by Yang Zhilin and others and known for the long-context large language model Kimi, adding that the firm has completed multiple funding rounds at rising valuations and has backing from Alibaba and Tencent. The contract uses an estimated share count of 1 billion shares for reference, a tick size of 0.01, 24/7 trading and funding fee settlement every eight hours, while Bitget says the actual share count may differ and the contract size can be adjusted. The launch adds to a broader market for synthetic pre-IPO products linked to Moonshot AI after Bybit previously introduced a similar MOONSHOTUSDT contract with its own funding and settlement terms.