Using TSMC as a Benchmark to Measure SK Hynix ADR Premium, $32.4 Million Convergence Position Still Incurs Bidirectional Funding Fees
Source:
t.me
According to Hyperinsight monitoring data, Hynix US stock (SKHY) on Hyperliquid is quoted at $181.58, while Hynix Korean stock (SKHX) is quoted at $1,358.50. Calculated based on each SKHY ADS corresponding to 0.1 share of Korean common stock, the current on-chain ADR premium is approximately 33.7%.