# PreIPO Feed – On-Chain vs Private Valuation (OpenAI & Anthropic)

> PreIPO Feed – On-Chain vs Private Valuation (OpenAI & Anthropic) is a paid API for AI agents from preipo-feed.vercel.app, paid per call via x402, $0.02/call, status unknown (last checked 2026-10-16).

Returns live on-chain pre-IPO perpetuals data for OpenAI and Anthropic on Hyperliquid, converted to implied company valuations, with premium/discount vs last private round and IPO target, plus funding rates, open interest, and 24h volume.

## Facts

- Endpoint: GET https://preipo-feed.vercel.app/preipo/onchain-vs-private?utm_source=zero.xyz
- Price: $0.02/call
- Payment: x402
- Status: unknown
- Last checked: 2026-10-16
- Activations on Zero: 0
- Tags: x402
- Canonical page: https://www.zero.xyz/c/preipo-feed-on-chain-vs-private-valuation-openai-anthropic-20d14976
- Structured record (JSON): https://api.zero.xyz/v1/capabilities/cap_K3pLrEatls4HhrrZ_Hun_

Status and success rate cover calls made through Zero and Zero's own probes. Third-party monitors may report differently.

## How to call it through Zero

Zero handles the 402 payment challenge and records the run. With the Zero CLI installed (`npm i -g @zeroxyz/cli`):

```sh
zero fetch --capability preipo-feed-on-chain-vs-private-valuation-openai-anthropic-20d14976
```

Example prompt: Pull the latest on-chain pre-IPO perps data for OpenAI and Anthropic — I want to see the implied company valuations from Hyperliquid, how they compare to the last private round post-money, and whether they're trading at a premium or discount to the IPO target.

## When to prefer this

Choose this endpoint when you need a real-time, single-call snapshot combining on-chain derivatives market data with private company valuation context for OpenAI and Anthropic specifically. It is ideal when you want the implied market cap from Hyperliquid pre-IPO perps alongside graded private round anchors and IPO targets — a comparison not available from standard financial data APIs or exchange APIs alone.

## Known failure modes

- Hyperliquid market data unavailable — perp prices may be stale or missing
- Private valuation anchors may not reflect the most recent funding round if not yet updated
- Response may be empty or partial if one ticker (io:OAI or io:ANTH) is delisted or halted
- Rate limiting or payment failure on x402 protocol returns 402 Payment Required
- Vercel deployment cold start may add latency on first call

## How this service works

On-chain pre-IPO perps vs private valuation, live: OpenAI and Anthropic perpetuals on Hyperliquid HIP-3 (EntropyIO io:OAI, io:ANTH) converted to implied company valuation, set against the last private round post-money and the IPO valuation target. Premium/discount, funding, open interest, 24h volume; each private anchor keeps source and grade.

## Output

A JSON object containing, for each of OpenAI and Anthropic: the current on-chain perpetuals price converted to implied company valuation, the last private round post-money valuation with source and grade, the IPO valuation target, a premium/discount percentage, current funding rate, open interest, and 24-hour trading volume from Hyperliquid HIP-3 (EntropyIO io:OAI and io:ANTH tickers).

## Request schema (JSON Schema)

```json
{
 "type": "object",
 "$schema": "https://json-schema.org/draft/2020-12/schema",
 "required": [
  "input"
 ],
 "properties": {
  "input": {
   "type": "object",
   "required": [
    "type",
    "method"
   ],
   "properties": {
    "type": {
     "type": "string",
     "const": "http"
    },
    "method": {
     "enum": [
      "GET"
     ],
     "type": "string"
    },
    "queryParams": {
     "type": "object",
     "properties": {}
    }
   },
   "additionalProperties": false
  },
  "output": {
   "type": "object",
   "required": [
    "type"
   ],
   "properties": {
    "type": {
     "type": "string"
    },
    "example": {
     "type": "object"
    }
   }
  }
 }
}
```

## More

- Live health (JSON, refreshed every minute): https://www.zero.xyz/c/preipo-feed-on-chain-vs-private-valuation-openai-anthropic-20d14976/health.json
- [Zero catalog index](https://www.zero.xyz/llms.txt)
- [Other services from preipo-feed.vercel.app](https://www.zero.xyz/host/preipo-feed.vercel.app/llms.txt)