SK Hynix (SKHX) perpetual market on Hyperliquid

SK Hynix (SKHX) Price on Hyperliquid

SKHX-PERP via trade.xyz · HIP-3 Equity · Live Chart, Funding Rate & Contract Specs
Concept211
Reviewed by Concept211 · EntropyGuides editorial team
Building trading bots since 2016, trading on Hyperliquid since February 2024. Trades perpetuals on Hyperliquid daily, builds automated trading bots on the Hyperliquid API, and tests every market against the live trade.xyz interface before publishing.
Last reviewed:
$1,235.60+0.72%

Auto-refreshes every 30s · Max leverage: 10x

24h Volume
$396.11M
Open Interest
$369.71M
299,216.534 SKHX
Funding Rate (1h)
+0.0071%
Annualized: +62.39%
Mark vs Oracle
+0.1410%
Premium

Source: live price, 24h volume, open interest, and funding-rate data from the official Hyperliquid API (trade.xyz HIP-3 oracle feed), refreshed every 30 seconds.

Quick Summary — What is SKHX on Hyperliquid?

SKHX (SK Hynix) on Hyperliquid is a cash-settled HIP-3 perpetual futures contract deployed via the trade.xyz builder. It is a equity perpetual — not a token — and tracks the SK Hynix price feed with continuous hourly funding settlements. There is no expiry date and no physical delivery: positions roll forever. All margin is denominated in USDC, and you can open positions with up to 10x leverage. As of May 2026, SKHX perpetuals on Hyperliquid offer 24/7 trading (including weekends and holidays when traditional equity markets are closed), no KYC requirement, full self-custody via your own wallet, and zero gas fees on every order. Base fees are 0.09% taker and 0.03% maker (per Hyperliquid's HIP-3 builder-market fee schedule) — slightly higher than native Hyperliquid perps because a portion routes to trade.xyz as the HIP-3 builder. Live price, funding, and 24h volume on this page are pulled from the Hyperliquid API.

SKHX on Hyperliquid at a Glance

SKHX-PERP contract specification on Hyperliquid, as of . Leverage and market type are read from the Hyperliquid API's market metadata; fees are Hyperliquid's published HIP-3 builder-market fee schedule; the underlying price is referenced through the trade.xyz oracle.
UnderlyingSK Hynix (Equity)
Market typeHIP-3 perpetual future via trade.xyz
Max leverage10x
Maker fee0.03%
Taker fee0.09%
Funding intervalHourly
Margin & settlementUSDC — cash-settled, no expiry
Trading hours24/7, including weekends & holidays
SK Hynix price · trade.xyz
Loading SK Hynix chart…

Live SKHX candles from the Hyperliquid API. Ready to trade? Get a 4% fee discount.

How to Trade SK Hynix (SKHX) on Hyperliquid

SK Hynix is the world's second-largest memory chip maker and a key supplier of HBM (High Bandwidth Memory) for AI GPUs. Trade SKHX perpetual futures on Hyperliquid via trade.xyz.

SKHX is a cash-settled perpetual futures contract on Hyperliquid, deployed via trade.xyz as a HIP-3 builder market. Unlike traditional futures, there is no expiry date and no physical delivery — positions roll continuously with funding rates settling every hour. All margin is denominated in USDC, and you can trade with up to 10x leverage.

HIP-3 markets extend Hyperliquid beyond crypto, bringing equities, commodities, and indices on-chain with 24/7 trading, no KYC, and the same on-chain order book infrastructure that powers Hyperliquid's native perpetuals.

How a SKHX HIP-3 perpetual on Hyperliquid works: real-world asset to deployer oracle feed to on-chain CLOB matching to USDC-margined settlement
The lifecycle of a HIP-3 real-world-asset perpetual — from underlying price feed to USDC settlement on HyperCore.

Why Trade SKHX on Hyperliquid?

Hyperliquid offers distinct advantages for equity traders: gasless execution means zero transaction costs beyond the maker/taker spread, no KYC or identity verification is required to open an account, and trading is available 24/7 including weekends and holidays when traditional equity markets are closed. Self-custody ensures you retain full control of your funds at all times.

SKHX Contract Notes & Catalysts to Watch

SKHX-PERP tracks the SK Hynix share price via the trade.xyz oracle with hourly funding, cash-settled in USDC. SK Hynix is the HBM leader — it has been the primary high-bandwidth-memory supplier stacking onto NVIDIA's AI accelerators, which makes it the highest-torque Nvidia-supply-chain beta in the memory space. When people talk about the AI memory trade, this is the sharpest expression of it. It also runs a full DRAM and NAND book, so it rides the broader memory pricing cycle alongside Micron and Samsung. The underlier lists on the Korea Exchange (000660.KS) and trades Seoul hours, so its quarterly earnings and any HBM qualification or capacity headlines break in the Asian morning, well before NVDA or MU open in the US. That is exactly when I want to be able to react. Catalysts: quarterly earnings, HBM3E and HBM4 qualification and yield news, NVIDIA keynotes and chip-allocation reports, TrendForce DRAM and NAND pricing, and KRW moves. I trade it as a memory-complex pair against SMSN and KIOXIA, or long into NVIDIA catalysts. Funding often runs positive on AI-rally days as perp longs pile in, and the book is thinner than the US mega-caps.

Key Market Facts

Leverage read from the Hyperliquid API; fee figures from Hyperliquid's published HIP-3 builder-market fee schedule.

Contract TypePerpetual Future (HIP-3)
Max Leverage10x
SettlementUSDC
Taker Fee0.09%
Maker Fee0.03%
Buildertrade.xyz
Funding IntervalHourly (continuous)
Market CategoryEquity

Frequently Asked Questions

How do I trade SKHX on Hyperliquid?

SKHX is available as a HIP-3 perpetual future on Hyperliquid, deployed via trade.xyz. You can trade it the same way as any other perp - deposit USDC, select the market, and open a position with up to 10x leverage.

What are the fees for SKHX on Hyperliquid?

HIP-3 builder markets charge 0.09% taker fee and 0.03% maker fee. These are slightly higher than native perps because a portion goes to the builder (trade.xyz) who deployed the market.

Can I trade SKHX 24/7 on Hyperliquid?

Yes. Unlike traditional equity markets that have set trading hours, SKHX perpetual futures on Hyperliquid trade around the clock - 24 hours a day, 7 days a week, including weekends and holidays.

How we source and review this market data

Data collection. Live SKHX price, funding rate, open interest, and 24h volume are pulled directly from the Hyperliquid API on every page load and cross-checked against the live trade.xyz interface, which is where SKHX-PERP is deployed as a HIP-3 builder market. Numbers shown are unedited machine values from those feeds — we do not hand-adjust prices or rates.

Editorial review. The trading context on SKHX-PERP — catalysts, contract specs, and the “why trade this” analysis — is written and reviewed by Concept211, an active Hyperliquid trader since February 2024 who trades perpetuals daily and builds automated bots on the Hyperliquid API. Each market is checked against the live trade.xyz interface before publishing.

Last reviewed. . Contract specs and catalysts are re-checked on a rolling basis; live data refreshes automatically. Read the full editorial methodology for how figures are sourced, verified, and corrected.

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Where the figures come from. Live SKHX price, funding rate, open interest and 24h volume are read from the Hyperliquid API, the same public endpoint the exchange serves its own front end from, and cross-checked against the live trade.xyz interface where SKHX-PERP is deployed. Figures refresh on every page load and again every 30 seconds while the page is open, so any number quoted from this page is a point-in-time reading rather than a daily close. Contract specifications and editorial context were last reviewed ; this page has been published since 2026.

Reuse. You may republish these figures with attribution and a link to entropyguides.com/markets/xyz/skhx.

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