Key Takeaways
- • MNX, the AI-focused crypto exchange operated by Manifold Markets, has launched futures contracts referencing private AI companies including OpenAI, Anthropic, DeepSeek, and Moonshot, according to Pluang.
- • The contracts expire at the end of 2027 and carry no recurring funding fees, a structural difference from perpetual futures offered by competitors OKX and BitGet.
- • MNX permits up to 3x leverage and sets prices based on its own trading activity rather than external reference feeds, so settlement prices may diverge from actual private share values.
- • The exchange currently excludes U.S. customers, though it plans geographic expansion and additional markets tied to the broader AI economy.
Summary
MNX, a crypto exchange developed by Manifold Markets, now lists futures contracts on privately held AI companies, including OpenAI, Anthropic, DeepSeek, and Moonshot, according to Pluang's report. The contracts expire at the end of 2027 and, unlike the perpetual futures offered by competitors OKX and BitGet, do not carry recurring funding fees.
The product allows traders to take positions with up to 3x leverage. Pricing is derived from trading activity on the MNX platform rather than external feeds, a design choice that means settlement prices could differ from the actual value of the underlying private shares. Investors should weigh this distinction, since private company valuations are not continuously quoted in public markets.
MNX currently excludes U.S. customers. The company has said it plans to expand access and introduce markets linked to the broader AI economy, reflecting the investment cycle driven by AI innovation.
Pluang's market snapshot as of October 13, 2026, 23:03 WIB showed 12 of the top 50 cryptocurrencies rising and 37 falling, with SXP down 46.27%, BAT up 19.14%, and BAL up 11.14%. These figures are reported for context and are not directly related to the MNX launch.
The product allows traders to take positions with up to 3x leverage. Pricing is derived from trading activity on the MNX platform rather than external feeds, a design choice that means settlement prices could differ from the actual value of the underlying private shares. Investors should weigh this distinction, since private company valuations are not continuously quoted in public markets.
MNX currently excludes U.S. customers. The company has said it plans to expand access and introduce markets linked to the broader AI economy, reflecting the investment cycle driven by AI innovation.
Pluang's market snapshot as of October 13, 2026, 23:03 WIB showed 12 of the top 50 cryptocurrencies rising and 37 falling, with SXP down 46.27%, BAT up 19.14%, and BAL up 11.14%. These figures are reported for context and are not directly related to the MNX launch.
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