And they gave that number out before they assessed candidate level. But maybe that was recruiting BS as the pay for the max plausible level.
Your past experience can be a proxy for the role and level you're targeted for and thus, the comp target.
The market is hot, and might be in a bubble, but these are comp numbers that you could have seen even five or six years ago at the FB, Snap, Lyft, even Googles of the world.