Binance’s SKHYNIXUSDT Contract Uses SK Hynix Shares and an FX Input

Binance’s SKHYNIXUSDT perpetual contract is tied to SK hynix shares, but its quoted value is not a direct price for the stock listed in South Korea. Its index uses the Korea Exchange listing under ticker 000660 along with a separate currency-rate input.

The contract settles in Tether (USDT) and trades around the clock. Its index combines the price of one SK hynix common share, quoted in won, with a KRW/USD exchange rate supplied by data vendors.

That means SKHYNIXUSDT represents a USDT-settled futures contract whose index draws on both the Korean share price and a currency conversion rate. The stock’s listing ticker is 000660; SKHYNIXUSDT is the contract’s symbol.