SKHX, a perpetual contract tracking SK Hynix shares on Hyperliquid, briefly crashed to $927 within two minutes before recovering during South Korea’s pre-market window. Open interest fell 20.29% to $407.28 million while 24-hour trading volume reached $959 million. SK Hynix closed down 14.65% at 1.55 million won as South Korea’s KOSPI dropped 10.84% following a marketwide circuit breaker. TradeXYZ, the contract operator, is investigating the price inputs submitted to HyperCore.
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