Contributor
Korean megacaps SK Hynix and Samsung don’t have a real US-hours single-name market. Hyperliquid’s HIP-3 perps for Samsung and SK Hynix have a path to become the missing layer: the US-hours reference price that the rest of the stack can anchor to.
HIP3 silver markets have grown to 2-3% of CME activity and have begun to show signs of weekend price discovery. And combined with unified accounts and portfolio margin, the UX inefficiencies of converting collateral to trade different markets are getting resolved. Now HIP4 expands the second dimension of trading: the payoff function for markets.