What Is Unitree Robotics? How to Buy and Short It on MEXC

Unitree Robotics is a robotics company headquartered in Hangzhou, China, founded by Wang Xingxing in 2016. Initially focused on developing quadruped robots for universities, research labs, and contractors, the company later shifted its attention to humanoid robots. Their product line includes the G1, H1, H2, and R1 series, with the R1 series being the flagship model due to its higher price point of RMB 99,000.

In addition to core robots, Unitree produces motors, reducers, dexterous hands, LiDAR, and sensors in-house, which contributes to their competitive pricing and high gross margins.

The company's growth in recent years has been impressive. In 2023, Unitree achieved a gross margin of 44%, which increased to 60% by 2025. In 2025, they shipped over 5,500 humanoid robots, marking the highest annual figure reported by any manufacturer. Unitree's total revenue for that year was around RMB 1.7 billion, with net profits nearing RMB 280 million. Notably, humanoid revenue surpassed quadruped sales for the first time.

Unitree plans to go public on the Shanghai Stock Exchange's STAR Market, under the stock code 688836. The company intends to offer 40,446,434 new shares, representing 10% of its share capital after the offering. Founder Wang Xingxing will control 68.78% of voting rights, significantly higher than his economic stake. The listing process is scheduled to begin on 5 August 2026, with the issue price announced on 7 August 2026, and the subscription opening on 10 August 2026, with payment settling on 12 August 2026.

UNITREEUSDT is a USDT-margined perpetual futures contract on MEXC that tracks the reference price for one Unitree ordinary share in US dollars. It is not a stock and does not represent any ownership interest in the company. Traders can open long positions if they anticipate the reference price will rise, or short positions if they believe the price will fall.

This perpetual contract has no expiration date and trades 24/7, although liquidity may vary depending on the time of day. It is important for traders to understand the margin requirements, leverage options, and funding rates associated with the contract before opening a position.