August is typically a quiet month for IPOs, but this year, Bullish, Figma and Firefly Aerospace have ignited the new-issues market.

The ideal first-day gains are typically around 20% to 30%, many bankers who work on deals say. Bullish closed the day at $68, giving it a market capitalization of roughly $10 billion. Its stock, which trades under the symbol “BLSH,” was temporarily paused after it began trading.

Cryptocurrency exchange Bullish made its entry onto the public market this week. Backed by billionaire venture capitalist Peter Thiel, Bullish began trading at $90.45 per share.