[On-chain stock futures] Semis 3x ETF trades 4.45% below cash close

Hyperliquid’s 24/7 stock-futures market recorded $3.11 billion in 24-hour volume across 136 instruments, with open interest at $3.86 billion. The figures were captured at 07:00 New York time on Tuesday, before the US regular session opened.

The Semis 3x ETF (SOXL) showed the widest gap from its cash close, trading at $94.26, a 4.45% discount to $98.65. SanDisk (SNDK) traded 3.02% below its cash close, Micron (MU) 2.66% below, the Nasdaq 100 (XYZ100) 0.44% below and NVIDIA (NVDA) 0.39% below.

SK hynix (SKHX) led 24-hour turnover with $337.08 million, followed by the Nasdaq 100 at $273.22 million, the S&P 500 at $267.16 million, WTI crude at $258.50 million and SanDisk at $209.59 million.

Unitree was the largest 24-hour gainer, rising 6.52%, followed by Amazon at 3.83%, Tesla at 3.62%, WTI crude at 2.62% and Brent crude at 1.93%. The South Korea 3x ETF led declines at 14.82%, while CBRS fell 10.46%, SOXL 8.73%, SK hynix 8.16% and CoreWeave 8.16%.

US stocks generated $1.03 billion in volume, the largest asset-class total, while indices recorded $545.14 million, commodities $486.92 million and Korea-linked instruments $434.71 million. SanDisk led US stocks, the Nasdaq 100 led indices, WTI crude led commodities and SpaceX led private-company contracts.

[Editor’s note] Hyperliquid’s xyz market offers 24/7 on-chain instruments tracking global stocks, indices, commodities, foreign exchange and private companies. The cash-close gap compares the on-chain price with the latest regular-session close on the instrument’s listing exchange.