A Hyperliquid contract tied to Direxion Daily Semiconductor Bull 3X ETF (SOXL) traded below its latest close while U.S. stock exchanges were shut, offering a weekend reference for fund watchers.
At 7 a.m. ET Saturday (12:00 UTC), a market snapshot placed the contract at $55.98, against SOXL’s $58.32 last regular-session price. At $55.98, the contract was 4.01% below SOXL’s $58.32 last regular-session close; its 24-hour price change was a 15.01% decline.
At 7 a.m. ET Saturday, Hyperliquid’s xyz listings had $4.19 billion in open interest; turnover in the preceding 24 hours totaled $3.28 billion across all 144 listings. The NVIDIA (NVDA)-linked instrument led turnover at $538.75 million. SP500 followed at $479.13 million, while Nasdaq 100 contract XYZ100 recorded $470.40 million.
Holding the xyz instrument does not make a trader an SOXL shareholder or entitle the holder to the fund’s distributions. The Saturday quote may differ from the price at which SOXL next trades on a U.S. exchange. EconoTimes previously compared the SOXL-linked contract with an earlier fund close.
