[On-chain stock futures] Moderna trades at a 5.97% discount to its cash close

Moderna futures traded at a 5.97% discount to their last regular-session close as US cash markets remained shut. At 07:00 New York time on October 23, Hyperliquid's xyz market had 138 instruments, with $3.99 billion in 24-hour trading volume and $3.84 billion in open interest.

Moderna (MRNA) stood at $190.53 against a cash close of $202.63, the largest discount in the biggest-gap snapshot. SanDisk (SNDK) traded at $1,282.60, a 1.72% premium to its $1,260.93 close. Semis 3x ETF (SOXL) was at $83.28, a 1.42% premium; Micron (MU) was at $864.10, a 0.89% premium; and Meta (META) was at $643.62, a 0.81% discount.

SK hynix (SKHX) led 24-hour turnover with $395.33 million, followed by S&P 500 (SP500) at $322.86 million and Nasdaq 100 (XYZ100) at $314.99 million. SOXL recorded $243.00 million and DRAM $227.36 million. Open interest in SKHX stood at $321.14 million, compared with $387.00 million in SP500 and $294.90 million in XYZ100.

Unitree (UNITREE) led the 24-hour gainers, rising 21.5%, followed by CXMT at 5.86%, Brent crude (BRENTOIL) at 2.19%, WTI crude (CL) at 2.1% and SKHX at 2.02%. Moderna fell 21.32%, SOXL lost 10.41%, Bloom Energy (BE) declined 6.81%, Meta dropped 6.6% and SpaceX (SPCX) slipped 6.07%. These changes measure performance over 24 hours, separately from the gaps against cash closes.

Across asset classes, US stocks generated $1.24 billion in turnover, indices $645.96 million, commodities $549.94 million and Korea-linked instruments $531.01 million. Others accounted for $395.87 million, private companies $309.70 million and ETFs $249.10 million. Crypto equities recorded $59.37 million, led by Circle (CRCL), while FX turnover totaled $6.33 million, led by the Japanese yen (JPY).

[Editor's note] These instruments trade around the clock on Hyperliquid's xyz market. Cash-close discounts and premiums compare on-chain prices with the last regular-session close on the listing exchange; they are distinct from 24-hour price changes. All monetary figures are in US dollars.