1 min read
Add as a preferred source on Google

Hyperliquid Storage Contracts Retreat, With SK Hynix Down 33.35%

SanDisk had the largest rebound from July 31 lows at 60.27%, but its contract later fell 27.76% from a Sept. 22 peak.

Three memory modules descend across a series of dark steps / TokenPost.ai
Three memory modules descend across a series of dark steps / TokenPost.ai

Contracts tied to Micron, SanDisk and SK Hynix on Hyperliquid have retreated from recent peaks, with SK Hynix posting the steepest drop at 33.35% as of Oct. 16.

SK Hynix (SKHX) fell from a Sept. 10 peak of $1,438.40 to $958.73. SanDisk (SNDK) declined 27.76% from its Sept. 22 high of $1,908 to $1,378.40.

Micron (MU) was down 17.16% from its Oct. 2 peak of $1,114.90 to $923.62, the smallest pullback among the three contracts.

The ranking differed during the rebound from the respective July 31 intraday lows. SanDisk climbed as much as 60.27%, compared with 38.73% for SK Hynix and 36.14% for Micron.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…