Hyperliquid has managed to outdo ETH in trading volume across these two assets. The OI data for $skhx and $skhy looks quite solid, but the 17% premium spread suggests the market price still hasn’t been fully aligned into one coordinated front—this short-term arbitrage window is worth watching.

ETH-0.92%
SKHY0.88%
View Original
CoinNetwork
CoinJie News: An on-chain analyst, AI Yi, said that the combined trading volume of Hyperliquid’s two main targets over the past 24 hours has already exceeded Ethereum, making them the second most active asset. Among them, the 24-hour trading volume of $skhx was $698 million, and open interest (OI) was $494 million. The 24-hour trading volume of $skhy was $317 million, and OI was $117 million. In addition, $skhy still has a nearly 17% premium relative to $skhx.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned