A Korean stock perp is now bigger than SOL

Hyperliquid added spot markets for Nvidia, SPY, QQQ, SK Hynix and Micron yesterday. The SK Hynix perp already carries $455M of gross position value, above SOL’s $385M. https:\/\/app.coinmarketman.com\/hypertracker\/perps This is AFTER the KOSPI crash. The index fell 6.7% from Wednesday’s close to Friday’s intraday low, then recovered 3.0% from that low by Tuesday’s close. SKHX followed the downturn and has only partially recovered. The split is stranger: 3,105 long positions and 797 shorts. Since matched long and short dollars are equal, far fewer short positions are carrying the same exposure as thousands of longs. https:\/\/app.coinmarketman.com\/hypertracker\/perps\/xyz:SKHX A sharp SK Hynix move higher would hit a smaller group of much larger shorts. The new spot markets now give that equity trade a route onto HyperCore without a perp liquidation price.