The SK hynix Futures Contract in the Crypto Market achieved a daily trading volume of $8.8 billion, accounting for 30% of the total trading volume of the KOSPI and US stock ADRs.

BlockBeats News, July 14, according to Hyperinsight Monitoring, in the past 24 hours, the total trading volume of the SK Hynix-related contracts in the crypto market reached approximately $8.804 billion. Among them, the KOSPI contract, SKHX, had a trading volume of about $7.439 billion, and the US ADR contract, SKHY, had a trading volume of about $1.365 billion; the total open interest of the two was approximately $1.528 billion.

Comparing to the traditional market, SK Hynix's KOSPI stock traded 16.8043 million shares today, with a transaction value of about 30.5305 trillion Korean won; converted at an exchange rate of 1,493.5 KRW to USD, it is approximately $20.442 billion.

In the NASDAQ, SKHY traded 57.2843 million ADRs on the last full trading day on July 13, roughly calculated based on a closing price of $152.35, with a trading volume of about $8.727 billion.

Based on this estimate, the $8.804 billion trading volume in the crypto market is approximately 30.2% of the total $29.17 billion trading volume of stocks in South Korea and the US. By segment, the trading volume of SKHX crypto contract is about 36.4% of the KOSPI stock; the trading volume of SKHY crypto contract is approximately 15.6% of the NASDAQ ADR.

Hyperliquid data shows that the total trading volume of SKHX and SKHY on the platform in the past 24 hours is about $1.84 billion, accounting for approximately 20.9% of the total crypto market trading volume. Currently, SKHX is priced at $1,279.60, and SKHY is priced at $161.84; based on a conversion of 10 ADRs to 1 share of KOSPI stock, SKHY is trading at a premium of approximately 26.48% compared to SKHX.

Note: The crypto market trading volume is based on the nominal value of leverage contracts; KOSPI data corresponds to the full trading day of July 14, and NASDAQ data corresponds to the full trading day of July 13. The USD trading volume of KOSPI, USD trading volume of US ADRs, percentages, and premiums are all secondary calculated values.