Markets· ★★· bearish·

SK Hynix tokenized perpetual futures trade 4.56% below Seoul close

  • —SK Hynix perpetuals at 1,213,992 won vs 1,272,000 won KOSPI close
  • —Average discount across SK Hynix, Samsung and Hyundai stands at 3.45%
  • —SK Hynix contract daily volume $110.63M, open interest 450,139 contracts
  • —Funding rate near 553.97% annualized, with shorts paying longs
Why it matters: On-chain futures are the only price signal for Korean stocks while the exchange is closed, but thin volume leaves them prone to sharp moves.
Source: TokenPost
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