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About SK Hynix ADR
SKHY tracks the value of 1 American depositary share of SK hynix Inc., listed on Nasdaq in July 2026. Each ADS represents one-tenth of a common share on the Korea Exchange. SK hynix is South Korea's second-largest semiconductor company and the primary supplier of HBM (High Bandwidth Memory) to NVIDIA, a critical node in the AI hardware supply chain.
On Aster (AsterDex), SKHY is a synthetic perpetual market. Aster quotes it independently of every other venue CoinBeaver tracks, so its mark price, funding rate and open interest are its own.
SKHY is listed as an Aster synthetic perpetual market. Prices track traditional-asset exposure synthetically and do not represent ownership of the underlying shares, ETFs, commodities, or cash instruments. Educational market data only — not investment advice.
Sector tags: Semiconductors.
Frequently Asked Questions
- What is SKHY?
- SKHY tracks the value of 1 American depositary share of SK hynix Inc., listed on Nasdaq in July 2026. Each ADS represents one-tenth of a common share on the Korea Exchange. SK hynix is South Korea's second-largest semiconductor company and the primary supplier of HBM (High Bandwidth Memory) to NVIDIA, a critical node in the AI hardware supply chain.
- Does trading SKHY give me any of the rights of owning SK hynix shares?
- No. SKHY is a synthetic perpetual with no delivery mechanism or arbitrage bridge to SK hynix's actual shares. It gives price exposure only — there are no shareholder rights, no dividends, no voting rights, and no claim on the underlying shares.
- What is the difference between SKHY and SKHX?
- SKHX tracks 1 common share of SK hynix on the Korea Exchange (000660.KS), with its KRW price converted to USD at the prevailing FX rate. SKHY tracks 1 Nasdaq-listed American Depositary Share (ADS), which represents one-tenth of a common share. They are two separate markets, not two views of the same price feed.
- Why can SKHY's price diverge from one-tenth of the SKHX price?
- SKHY and SKHX are separate markets with no delivery mechanism or arbitrage bridge linking them, so nothing forces SKHY to track exactly one-tenth of the SKHX price at all times. A small ADS free float, and conversion between the two lines that was restricted at first, mean a gap can open in either direction and persist, driven by relative demand on each market rather than by convergence between them.
- SKHY on Aster is a synthetic perpetual market that tracks 1 American depositary share of SK hynix Inc. It trades on Aster, so you can go long or short without holding any shares.
- SKHY on Aster is a synthetic perpetual market that tracks 1 American depositary share of SK hynix Inc. It trades on Aster, so you can go long or short without holding any shares.
- Can SKHY's price on Aster differ from the price on other venues?
- Yes. Aster quotes SKHY independently of every other venue CoinBeaver tracks, so its mark price, funding rate, and open interest are its own. The price on Aster can therefore differ from the same instrument on another venue.
- What does an independent quote on Aster mean in practice?
- It means SKHY's price on Aster is set by activity on Aster itself — its mark price, funding rate, and open interest reflect Aster's own market rather than being copied from another venue's feed.
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