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About SanDisk
SNDK tracks the value of 1 share of common stock in Sandisk Corporation. Sandisk develops and manufactures flash memory storage solutions used in consumer electronics, enterprise systems, and data infrastructure.
On Hyperliquid, SNDK trades as a HIP-3 synthetic perpetual on the xyz decentralized exchange, with its own mark price, funding rate and liquidity.
SNDK is listed as a Hyperliquid HIP-3 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
- Does trading SNDK give me any of the rights of owning Sandisk stock?
- No. SNDK is a synthetic perpetual with no delivery mechanism or arbitrage bridge to Sandisk's actual shares. It gives price exposure only — there are no shareholder rights, no dividends, no voting rights, and no claim on the underlying stock.
- Where is Sandisk listed, and in what currency does SNDK trade?
- Sandisk Corporation is a U.S. company listed on the Nasdaq stock exchange, and its common stock trades in U.S. dollars. SNDK's price already reflects that USD-denominated stock, with no currency conversion involved.
- Are SNDK and WDC the same company?
- No, though they were once part of the same company. Western Digital spun off its flash memory business as an independent, separately-traded company, Sandisk, in February 2025. SNDK and WDC are now two separate markets tracking two separate stocks.
- What is SNDK on Hyperliquid?
- SNDK on Hyperliquid is a HIP-3 synthetic perpetual contract that tracks price exposure linked to 1 share of Sandisk Corporation common stock — a company that develops and manufactures flash memory storage solutions used in consumer electronics, enterprise systems, and data infrastructure. It trades 24/7 on the xyz decentralized exchange within the Hyperliquid ecosystem, so you can go long or short without holding any shares.
- Why can SNDK's Hyperliquid price differ from the underlying market's price?
- SNDK's price on Hyperliquid comes from a synthetic market with no delivery mechanism or arbitrage bridge to the underlying, so nothing forces the two to match at all times. The perpetual's price is driven by positioning, expectations, and funding rates on Hyperliquid, and significant divergence from the underlying price is possible.
- Can I trade SNDK on Hyperliquid around the clock?
- Yes. SNDK trades 24/7 as a HIP-3 synthetic perpetual on the xyz decentralized exchange within the Hyperliquid ecosystem, with no settlement delay — you can open, hedge, or close a position at any time, even outside the underlying market's regular trading hours.
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