Binance SKHYNIXUSDT Perpetual Futures Volume Plunges 70% in a Week

SKHY2.27%
According to Digital Asset analysis on August 6, Binance's SKHYNIXUSDT perpetual futures contract—which tracks SK Hynix stock prices listed on South Korea's exchange—saw trading volume plunge from approximately $5.34 billion on July 29 to $1.7 billion, a 70% decline over the past week. Related products tracking SK Hynix ADRs and KOSPI indices showed similar downturns, with SKHYUSDT falling 63% and KORUUSDT dropping 44% in the same period.
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