SKHY (xyz) on Hyperliquid
SKHY (xyz) on Hyperliquid — price $179.790 (+1.63% 24h), funding +0.0173%/1h, open interest $136.4M, 24h volume $28.5M. Annualized funding +151.2%. Source: Hyperliquid official · as of 2026-09-07 06:31 UTC
Open/closed is computed server-side and the page is cached for up to an hour, so the status can lag — read the times above.
- Max leverage
- 10×
- Open interest cap
- Capped — value not published
- Oracle basis (underlying)
- SKHY / USD
- Margin mode
- Cross Margin
- Discovery bound
- 10%
- Funding rate multiplier
- 0.5
- External pricing session
- 24/5, from Sunday 8:00 PM ET to Friday 8:00 PM ET
- Internal pricing session
- Friday 8:00 PM to Sunday 8:00 PM ET, and follows equities holidays & trading hours.
- Pre-IPO status
- Converted
- Anticipated listing event
- IPO
- Anticipated listing date
- July 10, 2026
- Listing grace period
- Up to 60 days (no later than September 7, 2026)
Source: trade[XYZ] operator documentation (Specification Index, Holiday Closures, Roll Schedules), synced weekly. · 2026-09-06
The SKHY (xyz) perpetual trades 24/7 on Hyperliquid, including while NYSE / Nasdaq is closed. While the underlying market is shut the oracle stops using external quotes and advances an internal price anchored to the last external print, snapping back to the external reference once quotes resume. The Stocks hub explains how that works for this asset class.
Daily closes spanning the full history since listing. Switch to 1M for finer hourly-snapshot detail (our moat, collected since 2026-06-14).
/api/hl/markets/xyz-skhy-perp/history?format=csv&from=2026-06-14&to=2026-09-07&granularity=dailyDaily/weekly/monthly rollups from D1. File header carries the attribution line.
Historical data is free to cite and reuse with attribution — link this page or hyperacademy.io.
Predicted funding (Binance/Bybit normalized to a 1h basis). Informational only — not investment advice.
xyz:SKHY is a perpetual futures market on the xyz (Trade.xyz) builder dex, built on Hyperliquid via the HIP-3 framework. It offers synthetic price exposure to the SK Hynix American Depositary Share (ADS), the Nasdaq-listed instrument representing one-tenth (1/10) of one SK hynix common share. xyz:SKHY launched as a pre-IPO contract and converted to a standard perpetual once the ADS began trading. Because it tracks the ADS rather than the Korea Exchange (KRX: 000660) common share directly, its price moves at roughly 1/10th the scale of the underlying common share, and can also reflect ADS-specific factors like the depositary ratio and cross-listing dynamics. Note that this is a distinct market from xyz:SKHX, which tracks 1 SK hynix common share on KRX directly - the two are related but not identical instruments. The market is operated by a permissionless third-party builder (not Hyperliquid's core team), which sets the oracle, leverage (up to 10x here), margin and fee parameters. Treat leverage cautiously - positions can be liquidated quickly.
What does xyz:SKHY track?
The SK Hynix American Depositary Share (ADS) listed on Nasdaq, which represents one-tenth (1/10) of one SK hynix common share, via a perpetual on the xyz (Trade.xyz) builder dex.
What's the difference between xyz:SKHY and xyz:SKHX?
xyz:SKHY tracks the Nasdaq-listed ADS (1/10 of a common share); xyz:SKHX tracks 1 full SK hynix common share directly on the Korea Exchange (KRX: 000660). They move together but are priced at different scales - don't assume they're interchangeable.
What leverage and risks apply?
Up to 10x leverage is available. Builder-operated oracle risk and standard liquidation risk apply, plus the ADS-specific ratio and cross-listing dynamics versus the KRX common share - trade cautiously.
What is the SKHY (xyz) funding rate on Hyperliquid?
As of the latest snapshot, SKHY (xyz) funding is +0.0173%/1h (≈ +151.2% annualized). Hyperliquid settles funding every hour. As of 2026-09-07 06:31 UTC.
What are SKHY (xyz)'s 24h volume and open interest?
SKHY (xyz) currently has $28.5M in 24h volume and $136.4M in open interest. As of 2026-09-07 06:31 UTC.
What is SKHY (xyz)'s all-time high on Hyperliquid?
SKHY (xyz)'s all-time high is $195.170 on 2026-07-14; the all-time low is $113.970 on 2026-07-29. The 52-week range is $113.970–$195.170. As of 2026-09-07 06:31 UTC.