Live SK Hynix (SKHY) Perpetual Futures Price
SK Hynix (SKHY) perpetual futures (perps) trade 24/7 on Phoenix, a fully on-chain order book exchange on Solana. As of October 26, 2026, SKHY trades at $142.57 with $157,237 in open interest. Fees are 0.035% taker and 0.005% maker, and you can use USDC or SOL as collateral.
- Oracle price
- $142.55
- 24h high
- $143.32
- 24h low
- $137.98
- 24h volume
- $92,559
- Open interest
- $157,237
- 1h funding
- +0.0007%
SKHY mark price, last 24 hours
SKHY contract specifications
- Contract type
- Perpetual futures, no expiry
- Margin and settlement
- USDC
- Maximum leverage
- 10x
- Margin mode
- Cross or isolated
- Taker fee
- 0.035%
- Maker fee
- 0.005%
- Trading hours
- 24/7
- Closed-market price bound
- 10%
SKHY trades 24/7 on Phoenix. When the underlying market is closed, Phoenix prices SKHY from its own order book using Impact Pricing, within 10% of the last external price. Parameters are set per market and can change. See all market parameters
SKHY funding rate
- 1 hour
- +0.0007%
- 8 hours
- +0.0056%
- Annualized
- +6.14%
The rate is positive: traders holding long SKHY positions pay traders holding short positions. Funding settles every hour. The 8-hour and annualized figures extend the current hourly rate and are not forecasts.
About SK Hynix
SKHY tracks the value of 1 American depositary share of SK Hynix Inc. (NASDAQ: SKHY). Each ADS represents one-tenth of one share of common stock in SK Hynix (KRX: 000660). SK Hynix manufactures DRAM and NAND memory semiconductors used in data centers, AI hardware, mobile devices, and computing systems.
Open interest is the notional value of SKHY positions still open on Phoenix. 24h volume is the notional value traded over the last 24 hours.
SKHY perpetuals questions
What is the SKHY perpetual price right now?
The SK Hynix perpetual price on Phoenix is $142.57, a change of +1.80% over the last 24 hours. It's the mark price of the SKHY perpetual, which can differ slightly from SK Hynix prices quoted elsewhere.
Can I trade SKHY perpetuals on Solana?
Yes. SKHY perpetuals trade on Phoenix, a fully on-chain perpetuals exchange on Solana. Connect a Solana wallet or sign in with email, deposit USDC or SOL, and trade SKHY 24/7.
What is the SKHY funding rate right now?
The SKHY funding rate on Phoenix is +0.0007% per hour, or +6.14% annualized. A positive rate means longs pay shorts, and a negative rate means shorts pay longs. Funding settles every hour.
What is SKHY open interest on Phoenix?
SKHY open interest on Phoenix is $157,237, with $92,559 traded over the last 24 hours.
What are the fees to trade SKHY perpetuals?
Trading SKHY perpetuals (perps) on Phoenix costs 0.035% for taker orders and 0.005% for maker orders, based on matched notional.
Can I use SOL as collateral to trade SKHY?
Yes. Phoenix accepts USDC and native SOL as collateral, and SOL counts toward margin at up to 80% of its value, so you can trade SKHY without selling your SOL. Profit and loss settle in USDC.
Can I trade SKHY when its market is closed?
Yes. SKHY trades 24/7 on Phoenix. When the underlying market is closed, Phoenix prices SKHY from its own order book, within 10% of the last external price.
Do I own SK Hynix shares when I trade SKHY perpetuals?
No. SKHY perpetuals give you exposure to the share price without owning shares. Profit and loss settle in USDC.
Do SKHY perpetuals expire?
No. SKHY perpetuals have no expiry date. A position stays open until you close it or it is liquidated, unless the market itself is settled or delisted under its listing terms.
How does Phoenix decide SKHY liquidations?
Phoenix uses the mark price, not the last trade, to check account health and trigger SKHY liquidations. The mark price is the median of an adjusted oracle price, the Phoenix order book price and the oracle price plus a smoothed average of the order book's gap to it, which reduces the risk of liquidations caused by a brief price spike.
Where can I see SKHY order book depth and price history?
The SKHY trade screen on Phoenix shows the live order book, recent trades and an interactive chart. Developers can stream the same data through the Phoenix API, the Rise SDK and the Vulcan CLI.