# Hyperliquid Storage Contracts Rebound More Than 20% as Trading Cools

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/55324
Published: 2026-11-12T11:46:24.000Z
Updated: 2026-11-12T11:46:24.000Z
Section: Investing

> The contracts gained 21.3% to 22.9% from their Nov. 6 lows. Latest 24-hour turnover and notional open interest were below levels from the 24 hours before those lows.

Contracts on Hyperliquid tied to Micron, SanDisk and Hynix shares rose 21% to 23% from their Nov. 6 lows, while turnover and notional open interest fell below levels from the 24 hours before those lows.

By Nov. 12, Micron-linked contracts had gained 22.9%, SanDisk-linked contracts 22.1% and Hynix-linked contracts 21.3%. Their latest 24-hour turnover was $192 million, $261 million and $447 million, respectively.

Those amounts were lower than turnover in the 24-hour periods before the contracts reached their Nov. 6 lows. The earlier figures were $462 million for Micron, $585 million for SanDisk and $740 million for Hynix.

Notional open interest, the dollar value of outstanding contracts, also declined across all three. Micron’s figure fell from $181 million to $161 million, SanDisk’s from $169 million to about $99.5 million, and Hynix’s from $348 million to $315 million. SanDisk had the largest decline, at about 41%.

The comparison shows contract prices recovering from their lows as both recent turnover and outstanding contract value remained below the pre-low readings.