SK Hynix Perpetual Contract Drops 18% After Price Anomaly

The post SK Hynix Perpetual Contract Drops 18% After Price Anomaly appeared first on Coinpedia Fintech News

A Hyperliquid perpetual contract tied to SK Hynix briefly plunged 17.9% after an unusual pre-market trade in South Korea’s NXT market incorrectly priced a SK Hynix share at KRW 1.272 million. The move triggered a trading halt in the underlying market, while the Hyperliquid contract followed the price through its oracle before recovering alongside Binance …