SPCX Goes Live on Bybit Alpha: SpaceX Token Enters New Trading Venue

SPCX (Paimon SpaceX SPV Token) has officially launched on Bybit Alpha, giving traders another venue to gain exposure to SpaceX's growth through a tokenized Special Purpose Vehicle. The listing comes amid a turbulent period for SPCX, which has seen price drops and delistings on other exchanges. Here's what you need to know.

What Happened?

Bybit announced on June 12, 2026, that SPCX is now live on its Alpha exchange, a platform for early-stage tokens. This follows a series of events: SPCX was previously listed on Bybit's futures market but was delisted on June 9, 2026, alongside similar actions on Bitget and MEXC. The token's price has been under pressure, with multiple double-digit percentage drops over the past 24 hours on Binance Futures, including a 7.86% decline in one day and an 8.42% drop over 12 hours.

Despite these headwinds, SPCX remains a unique asset. It represents shares in a British Virgin Islands SPV that holds SpaceX equity, allowing eligible investors to redeem tokens for actual shares through regulated channels. The token operates on BNB Smart Chain (BEP20) and has a total supply of 100,000, with the same amount reportedly in circulation.

Token Snapshot

• Symbol: SPCX
• Name: Paimon SpaceX SPV Token
• Platform: BNB Smart Chain (BEP20)
• Contract Address: 0x872109274218cB50F310E2bFb160D135B502A9d5
• Total Supply: 100,000 SPCX
• Circulating Supply: 100,000 SPCX (self-reported)
• Tags: Asset Management, DeFi
• Official Links: Website | Twitter | Telegram

Risk Notes

Disclaimer: SPCX is a high-risk token with significant volatility. Recent delistings on major exchanges (Bybit futures, Bitget, MEXC) indicate potential liquidity and regulatory challenges. The token's price has dropped sharply in the last 24 hours. Always do your own research and never invest more than you can afford to lose.

• Delisting Risks: Multiple exchanges have removed SPCX perpetual contracts, and at least one source suggests further restrictions within 90 days are possible.
• Price Volatility: The token has experienced rapid price declines across multiple timeframes, signaling strong selling pressure.
• Regulatory Uncertainty: The token's structure as a securities-linked SPV may attract regulatory scrutiny in various jurisdictions.

Where to Trade

SPCX is currently tradable on Bybit Alpha. For automated trading strategies, consider using our bot: Trade with our bot.