SKHX, a Hyperliquid market tracking SK Hynix, traded at $1,389 after South Korea’s close on July 8, down 3.38% over 24 hours, Hyperinsight said. The contract had about $788 million in volume and $339 million in open interest at that time, with whale address 0x1cb holding a 10x full-margin long worth about $2.51 million. By July 9, Hyperinsight said SK Hynix ADR had not yet listed on Nasdaq, but the crypto market had become one of the largest venues for trading SK Hynix exposure outside the underlying stock. Over the past trading day, crypto-market SKHX contract volume reached $3.668 billion versus $9.64 billion in South Korea stock turnover, with Trade.xyz contributing about $985 million and SKHX open interest exceeding $360 million.