Did SK Hynix’s trading volume just knock ETH down directly? The liquidity of stock tokens on Hyperliquid is really something—SKHY also has a 17% premium, and the arbitrage space, as well as the sentiment premium, is worth pondering.

SKHY6.94%
SKHYNIX4.98%
ETH3.02%
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WuSaidBlockchainW
According to on-chain analyst “Ai Yi” monitoring, on Hyperliquid, two SK Heilaisi-related assets, SKHX and SKHY, had trading volumes of $698 million and $317 million, respectively, over the past 24 hours, totaling $1.015 billion—surpassing ETH and becoming the second-highest asset category by trading volume on the platform. Their open interest sizes were $494 million and $117 million, respectively. Currently, SKHY still carries nearly a 17% premium compared with SKHX.
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