SK Hynix ADS (SKHY) Price on Hyperliquid
Auto-refreshes every 30s · Max leverage: 10x
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 SKHY on Hyperliquid?
SKHY (SK Hynix ADS) 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 ADS 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, SKHY 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.
SKHY on Hyperliquid at a Glance
| Underlying | SK Hynix ADS (Equity) |
|---|---|
| Market type | HIP-3 perpetual future via trade.xyz |
| Max leverage | 10x |
| Maker fee | 0.03% |
| Taker fee | 0.09% |
| Funding interval | Hourly |
| Margin & settlement | USDC — cash-settled, no expiry |
| Trading hours | 24/7, including weekends & holidays |
Live SKHY candles from the Hyperliquid API. Ready to trade? Get a 4% fee discount.
How to Trade SK Hynix ADS (SKHY) on Hyperliquid
SKHY tracks the American depositary share of SK Hynix, the Korean memory maker whose HBM stacks sit next to most AI accelerators shipping today. Each ADS represents one tenth of a Seoul-listed share. Trade SKHY perpetual futures 24/7 on Hyperliquid via trade.xyz.
SKHY 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.
Why Trade SKHY 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.
SKHY Contract Notes & Catalysts to Watch
SKHY-PERP references the SK Hynix ADS price through the trade.xyz oracle with hourly funding. The ADS is one tenth of a KRX-listed share, so the quote here is roughly a tenth of the Seoul price converted to dollars, and the two can drift when the won moves or when the Korean market is shut. That gap is the point of the contract: Seoul trades a narrow window in Asian hours, and a 24/7 perp lets you take the same exposure when a memory pricing headline breaks overnight. Fundamentally this is the cleanest listed proxy for high bandwidth memory demand, so it trades off accelerator build plans, DRAM contract pricing, and how much HBM capacity is spoken for in the coming year. Hyperliquid also lists SKHX against the same company, and the two markets can disagree, which is worth checking before sizing either.
Related markets: SK Hynix (SKHX) perp, Micron (MU) perp, Roundhill Memory ETF (DRAM) perp.
Key Market Facts
Leverage read from the Hyperliquid API; fee figures from Hyperliquid's published HIP-3 builder-market fee schedule.
Frequently Asked Questions
How do I trade SKHY on Hyperliquid?
SKHY 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 SKHY 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 SKHY 24/7 on Hyperliquid?
Yes. Unlike traditional equity markets that have set trading hours, SKHY 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 SKHY 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 SKHY-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 SKHY-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 SKHY 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 SKHY-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/skhy.
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