Markets· ★★· bearish·

Tokenized Samsung futures trade 3.14% below Korean market close

  • —Samsung perpetual on Hyperliquid at 207,773 won vs 214,500 won at KOSPI close
  • —Average discount across the three Korean contracts was 2.35%
  • —Samsung contract daily volume was $46.53 million, open interest 275,822 contracts
  • —Funding rate near 188% annualized, with shorts paying longs
Why it matters: The discount points to sellers dominating overnight, but thin volume means small orders can move the price.
Source: TokenPost