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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 Lighter, SKHY is a synthetic perpetual market with its own order book, so its mark price, funding rate and open interest can differ from the same instrument on another venue.
SKHY is listed as a Lighter 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 Lighter is a synthetic perpetual market that tracks 1 American depositary share of SK hynix Inc. It trades on Lighter, so you can go long or short without holding any shares.
- SKHY on Lighter is a synthetic perpetual market that tracks 1 American depositary share of SK hynix Inc. It trades on Lighter, so you can go long or short without holding any shares.
- Can Lighter's SKHY price differ from the price on other venues?
- Yes. Lighter's SKHY market runs its own order book, so its mark price, funding rate, and open interest can differ from the same instrument on another venue.
- What does it mean that Lighter runs its own order book?
- An order book is the live list of buy and sell orders in a market. Because SKHY on Lighter has its own book, prices are set by the orders on Lighter itself rather than imported from any other market.
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