SKHYNIX (SKHYNIX)

Due to the recent pullback of SK Hynix, overnight the popular contracts on several on-chain crypto exchanges were all SK Hynix, whereas before they were Micron, SpaceX, crude oil, etc. Take Aster as an example: although the contract's open interest keeps growing, the funding rate has been stuck at the long-side upper limit, indicating that crypto enthusiasts are also quite bullish on Hynix. https://t.co/L8WorBTSi8

I pulled the funding rates for SKHYNIXUSDT since its launch on Binance, and the historical cumulative rate annualized is roughly 63%. Moreover, this is still the stage where the contract has just launched, liquidity is insufficient, and the capital participating in arbitrage is limited. In the future, if more people treat Binance as a 24/7 US stock trading market, and cross‑market arbitrage remains inefficient, this high premium and high funding rate may not disappear quickly. Currently, Hynix (海力士) is already the stock contract on Binance with the highest funding rate; for stocks like MU, the cumulative funding rate since launch annualized is generally below 20%. With this comparison, do you suddenly think that those who dare to hold 7709 long‑term are all warriors?

Why did it close, and the SK Hynix contract is still falling? Binance contracts have already hit a new low today, who is dumping? Do crypto retail investors think US retail investors won't hold out tonight? https://t.co/zquoOVkmAB

SK Hynix's negative premium on Korean and US stocks continues to widen, and Korean investors keep selling. It's time to say goodbye to storage. This situation is somewhat like early 2025, where there was too much speculative capital on-chain chasing meme tokens, all waiting to get their meme listed on Binance, only to see the price peak once listed. The same applies to SK Hynix: investors were waiting for the ↑ US stocks, and after the listing they immediately started selling. https://t.co/hTVwWEUldY

That brother who previously premium‑bought $5.455 million worth of SK Hynix on Binance, how is he doing now 😬 If he's still holding, with an entry price around ~$1800, it's already a floating loss of $1.12 million, a straight drop of 20%.

Crap, if I don't uninstall OKX, I won't be able to hold it. I feel I need to uninstall all software that can view candlestick charts, otherwise, according to my habit, today's close will definitely tank. https://t.co/K8GAKiODuX

Good news: Hynix and Samsung’s major investment plans were announced as scheduled. Bad news: the stock price fell… Yesterday, a whale that heavily bought $SKHYNIX contracts for $5.455 million hoping for a rally now has a floating loss of about $441,000 if it hasn’t sold yet. Buy price ~ $1830, current price $1680, after the announcement the asset shrank by over 8% 🥹

Wow, which big shot made a single purchase on Binance of $5.455 million worth of SK Hynix 😲 Causing the $SKHYNIX contract price to instantly jump to $1830, now it has fallen back to $1786. What’s going on, buying so hastily…

SK Hynix's perpetual contract funding rate has averaged around 0.25%; Buy SK Hynix stock and short the perpetual contract, achieving an annualized return of 273%.

BitMart Futures Will Launch SKHYNIXUSDT, SAMSUNGUSDT, CRWVUSDT & SNDKUSDT Perpetual contracts! Read more: https://t.co/XrcA2x15JN https://t.co/F6ebrgqLae