hynix

Recently, South Korean stock leader SK Hynix has experienced a continuous decline, triggering an increase in the trading activity of related stock derivatives. According to the RootData Pro data panel, in mainstream stock derivatives exchanges:The SKHYNIX contract has generally dropped about 7% in 24 hours, with Lighter and HTX experiencing relatively smaller declines. From the perspective of open interest (OI), Hyperliquid leads with $571 million, followed by Binance with $501 million, and OKX in third place with $82.14 million; in terms of trading volume, Binance has the highest 24-hour transaction amount at $4.15 billion, followed by Hyperliquid at $1.51 billion and OKX at $1.19 billion.The SKHY contract has mostly dropped about 4%-5% across platforms in 24 hours. From the OI perspective, Binance leads with $115 million, followed by Hyperliquid with $110 million, Bitget with $20.22 million, and OKX with $17.41 million; in terms of trading volume, Binance has the highest 24-hour transaction amount at $1.61 billion, followed by XT.com at $482 million, OKX at $387 million, and Hyperliquid at $310 million.From the perspective of price spread, the spread for SKHYNIX on Binance, Bitget, and Bybit is about 0.0032%, Hyperliquid is 0.0054%, and OKX is 0.0076%; the spread for SKHY on Binance, OKX, Hyperliquid, Bitget, Bybit, and Gate is about 0.0081%, indicating high price synchronization. In terms of funding rates, the SKHYNIX contracts on Lighter, OKX, and Hyperliquid have relatively high funding rates, indicating an increase in long position costs.It is reported that SK Hynix announced its Q2 2026 financial report on July 29, with revenue of 79.32 trillion won, operating profit of 60.54 trillion won, and net profit of 93.92 trillion won, all setting quarterly records. However, the performance did not fully meet the market's high expectations, and SK Hynix's stock price once plummeted over 19.3% during the session, setting a record for the largest single-day decline in history. Overall, the funding for SK Hynix (SKHYNIX/SKHY) contracts is mainly concentrated on Hyperliquid and Binance.

According to Gate market data, the South Korean stock market weakened today, with the Southern Double Long Hynix (07709.HK) significantly dropping. As of the Hong Kong stock market's noon closing, this product has fallen by 25.72% today, and the decline since July has reached 81.05%. Data shows that the latest asset size of this product is HKD 31.92 billion, which has shrunk by 70% compared to its peak size.Another leveraged product under Southern Dongying linked to South Korean chip stocks, the Southern Double Long Samsung Electronics (07747.HK), has dropped by 16.56% today, with a decline of 69.55% this month.

According to Gate market data, SK Hynix fell over 17%, setting a record for the largest single-day drop.

Trade.xyz issued a statement regarding the SK Hynix contract price spike incident: On July 27 at 23:01 UTC, the marked price of SK Hynix tokens plummeted from $1,127.9 to $917.25, triggering a large number of long position liquidations. This price originated from an actual transaction captured by multiple independent data providers, with the external venue being a major pre-market in South Korea. Its oracle system operates according to established specifications, synchronously tracking prices from external exchanges, functioning "as designed" on a technical level.However, the platform acknowledges that user dissatisfaction with the liquidations triggered by this event is understandable, emphasizing that "market integrity is the core value of Trade.xyz." To address this, Trade.xyz has decided to cover all liquidation losses caused by this price anomaly on a one-time discretionary basis. Specific eligibility requirements will be announced soon, with compensation expected to be completed within a few days, but it clearly states that this decision "does not constitute a guarantee for similar situations in the future." At the mechanism level, the platform will accelerate the review of pricing methods— including reassessing the assumptions of reliance on external venues and giving greater weight to its own order book price discovery (its order book depth and signal strength have significantly improved compared to external sources) to more effectively handle tail events.

SK Hynix released its Q2 2026 financial report, with revenue of 79.3 trillion Korean won (approximately 52.9 billion USD), a year-on-year increase of 257% and a quarter-on-quarter increase of 51%; operating profit of 60.5 trillion Korean won (approximately 40.3 billion USD), a year-on-year increase of 557% and a quarter-on-quarter increase of 61%, with an operating profit margin of 76%; net profit of 93.9 trillion Korean won (approximately 62.6 billion USD), with a net profit margin of 118%, which includes a one-time gain of approximately 62.2 trillion Korean won from the sale of Kioxia shares. The cumulative revenue for the first half of the year has surpassed 100 trillion Korean won for the first time. Although the performance set a new historical high for a single quarter, it fell short of market expectations for revenue of 83.9 trillion Korean won and operating profit of 64.2 trillion Korean won, leading to a drop of over 5% in ADR after the financial report was released.The growth in performance is driven by the increase in both volume and price of high-performance AI products (HBM, eSSD, etc.). HBM4 has begun mass production and shipment in Q2, with plans to expand production in the second half of the year; samples of HBM4E have been delivered. The company has finalized long-term supply agreements (LTA) with about 10 customers, securing approximately 50% of sales volume. As of the end of the quarter, cash and cash equivalents reached 88 trillion Korean won, with a net cash position of 69.4 trillion Korean won. The company expects capital expenditures in 2026 to reach the upper end of the 40-50 trillion Korean won range and is advancing the mass production of the Cheongju M15X and the construction of the Yongin cluster.

According to Gate market data, the South Korean KOSPI index opened up 1.2%, with SK Hynix rising 2%, following the announcement of a surge in second-quarter operating profit, although it was below expectations; Samsung Electronics rose 3%. The Nikkei 225 index opened up 0.18%.

According to Gate market data, U.S. stocks closed on Tuesday with the Dow Jones Industrial Average initially rising by 1%, the S&P 500 index up by 0.2%, and the Nasdaq down by 0.2%. SK Hynix fell by 8.98%, and Micron Technology dropped by 8.85%. SanDisk's stock price fell by 14%, down more than 50% from the historical high it reached a month ago.The Nasdaq Golden Dragon China Index closed up by 1.08%, with NetEase rising nearly 3%.

According to on-chain analyst @ai_9684xtpa, a trader opened a 4x leveraged long position of 23,251.544 SKHX (worth 24.67 million USD) today at 14:38, with an entry average price of 1106.8 USD, and is currently facing an unrealized loss of 1.074 million USD.This wallet has now become the TOP2 holding address for SKHX on Hyperliquid.

In response to the abnormal volatility in the SK hynix perpetual contract market, Hyperliquid stated that the platform is an unlicensed blockchain, and the HIP-3 market can be independently deployed and operated by different teams. The xyz:SKHYNIX perpetual contract is deployed and operated by the Trade.xyz team, which is currently investigating the incident and will announce progress after reaching a conclusion.Hyperliquid also explained that HIP-3 deployers can independently push the market's mark price, oracle price, and external perpetual price inputs. If a pricing mechanism similar to that used by platform validators for operating perpetual contracts is adopted, the protocol only provides one of the three median components, namely the on-chain latest transaction price, the best buy price, and the best sell price median, while the other two components are provided by the deployer, who jointly determines the final mark price.

SK Hynix announced that it will officially begin mass production of 16Gb LPDDR6 low-power mobile DRAM in the second half of this year, with the first products set to be featured in Xiaomi's next-generation flagship smartphone. The product was developed in March and utilizes 10nm class sixth-generation (1c) technology, offering improvements in data processing speed and energy efficiency compared to the previous generation. SK Hynix has been supplying LPDDR products to Xiaomi since 2013, maintaining a long-term partnership.LPDDR is primarily used in mobile devices such as smartphones and tablets, combining low power consumption with high performance. Recently, driven by demand from AI servers, LPDDR prices have continued to rise, with contract prices increasing steadily, leading to a 64.5% quarter-over-quarter growth in global mobile DRAM revenue in the first quarter. SK Hynix and Samsung Electronics are ahead of Micron in preparing for the mass production of LPDDR6. Additionally, the mass production of LPDDR6 is expected to accelerate competition in the SO-CAMM (low-power memory module) market, which is seen as a complementary solution for AI server CPUs. NVIDIA CEO Jensen Huang visited the SK Hynix booth at the Taipei International Computer Show in June, leaving a message of "LOVE SOCAMM" for the 192GB SO-CAMM.

According to on-chain analyst Ai Yi's monitoring, Hyperliquid SKHX plummeted 17.9% this morning, with the liquidation amount exceeding Binance in 4 hours.The cause was an abnormal order in pre-market trading for South Korea's SK Hynix (1 share traded at 1.272 million KRW, approximately 867 USD), which triggered a halt after a drop of up to 30% due to poor liquidity. The price of Hyperliquid crashed following the Oracle's response, and the price on Binance also fell due to arbitrage activities; the current price has returned to normal.

According to Gate market data, the South Korean KOSPI index opened down more than 5%, SK Hynix fell over 8%, and Samsung Electronics dropped 6%. The Nikkei 225 index opened down 0.6%.

According to Gate market data, U.S. stocks closed on Monday with the Dow Jones Industrial Average initially rising by 0.5%, the S&P 500 index up by 0.02%, and the Nasdaq down by 0.18%. Micron Technology fell by 2%, SanDisk dropped by 11%, NVIDIA decreased by 5%, and SK Hynix fell by 7.5%. Apple rose by 1%, with a market value approaching $5 trillion.The Nasdaq China Golden Dragon Index closed up by 2.5%, NetEase rose by 3.5%, and Alibaba increased by 2.5%.

According to Gate market data, SK Hynix is currently priced at 1,816,000 KRW, approximately 1,243.86 USD, with an increase of 3.24%. Gate has launched SK Hynix related Korean stock products, and users can view real-time market data and participate in trading on the Gate platform.

According to Jinshi reports, SK Hynix will announce its second-quarter results on the 29th. Following Samsung Electronics, SK Hynix is expected to achieve a record high in profits for the second quarter of this year.Based on reports from 14 brokerages compiled by the Korean financial information agency Yonhap Infomax over the past month, SK Hynix's second-quarter revenue and operating profit are expected to be 84.0597 trillion won and 64.0899 trillion won, respectively. The expected operating profit for the second quarter is about 17 trillion won higher than the annual operating profit of 47.2 trillion won last year.Adding the operating profit of 37.6103 trillion won from the first quarter of this year, SK Hynix's operating profit for just the first half of the year will exceed 100 trillion won. Earlier this month, Samsung Electronics also released a preliminary performance report, showing strong performance in its DS division, with an operating profit of 89.4 trillion won. If SK Hynix's performance meets market expectations, the combined operating profit of the two companies for the second quarter will exceed 150 trillion won.