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Hyperliquid's SOXL Contract Was 0.8% Below the ETF's Last Close

The market listed 143 instruments, with $4.28 billion in open interest; Nasdaq 100 contract XYZ100 led turnover at $383.08 million.

Updated 1 min read
A commuter checks a phone outside Nasdaq MarketSite in New York's Times Square. / TokenPost.ai
A commuter checks a phone outside Nasdaq MarketSite in New York's Times Square. / TokenPost.ai

By 7 a.m. ET (12:00 UTC) Saturday, Hyperliquid’s xyz market had recorded $3.41 billion in turnover over 24 hours, while a contract linked to Direxion Daily Semiconductor Bull 3X ETF (SOXL) was 0.8% below its latest close.

Hyperliquid data showed the contract at $45.60, compared with $45.97 for the fund at its latest regular-session close. The 0.8% figure uses SOXL’s last regular-session close as its benchmark.

The market listed 143 instruments and had $4.28 billion in open interest. Nasdaq 100 contract XYZ100 led 24-hour turnover at $383.08 million; the SOXL-linked contract ranked fifth at $237.68 million.

The turnover breakdown was $1.11 billion for U.S. stocks, $712.97 million for indices and $428.88 million for commodities. An earlier comparison of the same contract with SOXL’s Nov. 2 close showed an 8.63% premium.

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