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Hyperliquid's contracts posted a 24-hour trading volume exceeding that of Bitcoin (BTC), making it the platform's most active asset.

2 hours ago

On the Hyperliquid platform, the combined 24-hour trading volume of SK Hynix-related contracts SKHX and SKHY has reached $1.836 billion, surpassing BTC to become the platform’s top active asset by trading volume. Specifically, SKHX posted a 24-hour trading volume of $1.63 billion, with open interest (OI) of $635 million; SKHY recorded a 24-hour trading volume of $206 million, and its open interest stood at $101 million. As of now, SKHY still carries a roughly 26% premium over SKHX.

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Storage-related concept stocks advanced in pre-market trading for US equities, with SanDisk gaining 4.3%.

According to Bit.com market data, US pre-market storage concept stocks are rising: SanDisk (SNDK.O) is up 4.3%, Micron Technology (MU.O) is up 3%, Western Digital (WDC.O) and Seagate Technology are up more than 2.6%.

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SK Hynix ADR rose more than 6% at one point in pre-market trading on US stocks.

According to Bit.com market data, SK Hynix’s American Depositary Receipts (ADR) jumped more than 6% at one point in pre-market trading on US exchanges, with the gain now narrowing to 5.95%, standing at $161.42, and its market capitalization rebounded to $1.11 trillion.

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Huobi HTX has listed SNXX and RAM perpetual contracts, and launched a derivatives trading competition.

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Maji cuts losses on BAYC NFTs again, adds to long positions in ETH.

Per Lookonchain’s monitoring, the address dubbed “Machi” sold Bored Ape #251 at a loss of 6.99 ETH (roughly $12,400) to secure additional funds for increasing its ETH long position. As of now, Machi holds an ETH long position of 5,264 ETH (valued at approximately $9.38 million), with a liquidation price of $1,756.76.

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CASHCAT’s market cap briefly surpassed $200 million, rising over 20% in 24 hours.

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Global crude oil prices continue to rise, with both U.S. WTI and Brent crude up 3% on the day.

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