Hyperliquid SK Hynix Contracts Widen Premium to 47% as Trader Shows $5.21M in Floating Gains

Hyperliquid's SK Hynix-linked contracts showed a widening price gap on Oct. 15, with the U.S. ADR-mapped contract at a 47.14% implied premium and one trading account showing $5.21 million in combined floating gains across three positions. The SKHX contract, mapped to SK Hynix shares in South Korea, was quoted at $938.71, down 10.46%. The U.S. ADR-mapped SKHY contract fell 7.80%, a decline 2.66 percentage points smaller. Based on the conversion ratio, SKHY's implied premium over SKHX rose from 42.89% earlier in the day to 47.14%, an increase of 4.25 percentage points.

Source: TokenPost