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SK Hynix’s historic ADR listing on US stock exchanges is now accessible via Gate US Stocks, accompanied by a limited-time campaign.
As we previously discussed, this listing is a significant development in itself. SK Hynix’s IPO on Nasdaq under the ticker symbol SKHY, with a size of approximately $29 billion, has the potential to be the largest foreign-owned ADR issuance to date. The company’s leadership in the high-bandwidth memory market for AI infrastructure and its ongoing valuation discount compared to Micron are among the factors that make this listing particularly attractive to investors.
Gate’s campaign for this launch consists of three tiers. The first tier is truly limited; the first ten users to register and complete their first purchase of SKHY worth at least $100 will earn 1 SKHY ADR. These “first ten” format rewards fill up very quickly, so acting early is crucial.
The second tier operates through a leaderboard based on trading volume, with the most active users sharing a pool of 100 SKHY ADRs in total. This encourages consistent, higher-volume trading throughout the campaign, rather than a one-off purchase.
The third tier is the lowest-threshold option; users can participate in an additional draw simply by sharing their SKHY positions, offering a low-effort way for curious users who haven't traded yet.
The logic behind this three-tiered structure is clear: it rewards the fastest with an instant prize, the most active with a volume-based reward, and the least effortful with a simple sharing action, opening a channel for participation across all user profiles.
For users who want to try this new listing via Gate, the practical step is to register and complete the minimum purchase immediately if you want to be in the top ten, as these limited-quota rewards usually fill up within minutes. For those aiming to enter the leaderboard, generating consistent trading volume throughout the campaign is the most logical approach. It is recommended to check the relevant announcement page for the full duration of the campaign and participation conditions.
https://www.gate.com/campaigns/5486