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SanDisk Contract Gap Narrows to 0.25% as Hyperliquid Turnover Hits $1.83B

The xyz market listed 138 instruments and had $3.85 billion in open interest in a Saturday morning snapshot. SanDisk ranked fourth in 24-hour turnover.

Updated 1 min read
The New York Stock Exchange stands quiet on Broad Street during the weekend market pause. / EconoTimes.ai
The New York Stock Exchange stands quiet on Broad Street during the weekend market pause. / EconoTimes.ai

The gap between SanDisk’s Hyperliquid contract and the latest U.S. share close narrowed from its Oct. 22 level to 0.25% Saturday, while the xyz market saw $1.83 billion in turnover during the cash-market weekend pause.

At Saturday’s 7 a.m. ET snapshot, the xyz market listed 138 instruments. Its 24-hour volume was $1.83 billion, with $3.85 billion in open interest. SanDisk (SNDK) stood at $1,234.90 against a regular-session close of $1,238.03.

SanDisk’s contract recorded $142.23 million in 24-hour turnover, ranking fourth behind WTI crude, S&P 500 and Nasdaq 100 contracts. The contract’s price change over 24 hours was a 4.03% decline; its quoted price was 0.25% below the last regular-session close.

An Oct. 22 EconoTimes comparison put the contract 3.67% below the cash-market benchmark then available. Holding these contracts gives traders price exposure, but no equity stake, dividends or voting rights.

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