SK hynix ADS (SKHY) on Hyperliquid

SKHY on Hyperliquid is a perpetual contract that tracks one SK hynix Inc. ADS (Nasdaq: SKHY), representing one-tenth of a common share (KRX: 000660). Its live price, funding rate and open interest are below. It trades 24/7, so the price keeps moving after the US stock market closes for the day, at weekends and on holidays.

By Keel Research Team · Updated October 15, 2026

SKHY on Hyperliquid now

Live numbers for SKHY are unavailable right now. The current price, open interest and funding are on the Hyperliquid market page.

Underlying
SK hynix ADS
HL Ticker
xyz:SKHY
Settlement
USDC
Max Leverage
10x
Margin
Cross or isolated

Venue facts: last-known snapshot as of Oct 15, 2026, 01:48 UTC. The live read was unavailable; confirm on Hyperliquid before trading.

How it works

How the SKHY perpetual works

SK hynix manufactures DRAM and NAND memory chips used in data centers. Hyperliquid lists SKHY through HIP-3, which lets independent builders add markets to its order book. This one is run by the xyz builder and settles in USDC.

While the US stock market is open, an oracle feeds the SK hynix ADS price to SKHY, and funding pulls the perp toward it. After the close, at weekends and on holidays, trading on Hyperliquid sets the price. News that lands overnight can move SKHY hours before the US stock market reopens, so the price can open away from the last close. When it reopens, the oracle picks up the new price and funding pulls the perp back toward it.

Funding is paid every hour between longs and shorts. When SKHY trades above its reference price, longs pay shorts; below it, shorts pay longs. The rate for the next payment is in the live numbers above, and it adds up over a hold of several days.

Build with Keel

Systematic strategies on Hyperliquid

Keel is a strategy builder for Hyperliquid. Describe an idea, backtest it with fees, slippage and funding, and run it live.

SKHY and the other HIP-3 markets aren’t supported yet. Building, backtesting and running strategies on HIP-3 markets is coming soon. Sign up, and we’ll email you when HIP-3 strategies are supported. Until then you can build and test strategies on Hyperliquid’s crypto perps, such as BTC and ETH. Start free.

What you can do today
  • Backtest a strategy on Hyperliquid’s crypto perps, with fees, slippage and funding modeled.
  • Iterate: change a parameter and re-run; every backtest is kept.
  • Run it live on Hyperliquid with stop-loss and position limits.
  • Build with AI: describe a strategy in plain words and Keel builds it.
  • HIP-3 markets like SKHY: coming soon.
Where to trade

SKHY venues compared

VenueProductHoursLeverageCustody
Hyperliquid (xyz dex)Perpetual (USDC)24/7Up to 10xSelf-custody
Robinhood / brokerageSpot stockUS market hoursMargin (limited)Custodial
CFD brokerCFDExtended hoursVariesCustodial

Comparison shown for orientation. Not legal, tax, or investment advice. Confirm current product terms with each venue directly. See Hyperliquid vs Robinhood for a deeper side-by-side breakdown.

FAQ

SKHY questions

What is the SKHY price on Hyperliquid right now?

The live mark price is at the top of this page, with the minute it was recorded. SKHY trades 24/7, so when the US stock market is closed it can move away from the last close.

Does SKHY on Hyperliquid give me SK hynix ADS shares?

No. It is a perpetual contract that tracks one SK hynix Inc. ADS (Nasdaq: SKHY), representing one-tenth of a common share (KRX: 000660). You get price exposure with leverage and pay or receive funding, but you don't own the shares, receive dividends or vote.

Can I build a strategy on SKHY with Keel?

Not yet. Keel is a strategy builder for Hyperliquid. Support for HIP-3 markets is coming soon. Sign up, and we'll email you when HIP-3 strategies are supported. Today you can build and test strategies on Hyperliquid's crypto perps.

What leverage is available?

SKHY on the xyz dex offers up to 10x leverage, read from the venue’s market metadata. The market can be held cross or isolated. Margin requirements scale with position size; the live cap and margin tiers are on the Hyperliquid market page.

How is funding calculated for SKHY on Hyperliquid?

Funding is computed from the gap between the perpetual price and an oracle reference: when the perp trades above the oracle, longs pay shorts; below, shorts pay longs. Hyperliquid settles funding every hour, on HIP-3 markets as on its core perps, and the rate for the next payment is in the live numbers on this page. The hourly rate is small but adds up over multi-day holds.

When can I trade — 24/7 or market hours only?

Hyperliquid perpetuals trade 24/7. Off-hours (overnight, weekends, holidays), the perp may diverge from the underlying spot price since traditional markets are closed and price discovery happens here. Funding pulls the perp back toward the oracle over time.

Is this self-custodial?

Yes. You connect a wallet (e.g. via Hyperliquid’s native UI or a builder app); keys never leave your control. Hyperliquid is a non-custodial exchange.