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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 EdgeX, SKHY is a synthetic perpetual market. EdgeX runs its own book and funding schedule, so its mark price and open interest are quoted independently.
SKHY is listed as a EdgeX 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 EdgeX is a synthetic perpetual market that tracks 1 American depositary share of SK hynix Inc. It trades on EdgeX, so you can go long or short without holding any shares.
- SKHY on EdgeX is a synthetic perpetual market that tracks 1 American depositary share of SK hynix Inc. It trades on EdgeX, so you can go long or short without holding any shares.
- Does EdgeX quote SKHY independently of other venues?
- Yes. EdgeX runs its own book and funding schedule, so its mark price and open interest are quoted independently and can differ from the same instrument on another venue.
- What does it mean that EdgeX runs its own funding schedule?
- Funding is a periodic payment between long and short positions that keeps a perpetual's price anchored to its underlying. EdgeX sets and settles its own funding on its own schedule, so the funding rate on EdgeX can differ from the funding rate on other venues.
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