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Bitget launches SKHYUSDT pre-IPO Stock perps: Trade the SK Hynix IPO narrative early
To expand our trading offerings and meet users' demand for early exposure to high-potential stocks, Bitget has launched the SKHYUSDT pre-IPO stock perps. Users can gain early exposure to SK Hynix ahead of its US listing and capture potential valuation re-rating opportunities around the IPO event.
SK Hynix (SKHY) SK Hynix is the world's second-largest memory chip manufacturer, with core businesses spanning DRAM, NAND Flash, and High Bandwidth Memory (HBM). It is a key supplier to NVIDIA's AI chip ecosystem and a critical enabler of the global AI infrastructure buildout. This contract is based on SK Hynix American Depositary Receipts (ADRs), where 1 ADR represents 0.1 ordinary share (ADR ratio 10:1). SK Hynix is expected to price after market close on July 9 (ET) and officially list on the Nasdaq under the ticker SKHY on July 10.
Bitget's SKHYUSDT pre-IPO perpetual futures provide investors with a convenient way to participate in SK Hynix's ADR pricing and IPO-related market opportunities, allowing users to gain early exposure to the AI memory mega-trend ahead of the listing.
Start trading SKHYUSDT pre-IPO perpetual futures now on the Bitget website or app and position yourself early for potential opportunities surrounding SK Hynix's upcoming Nasdaq debut!
Please note that this pre-IPO Stock perps is not available to users in South Korea and Germany.
| Stock perps specifications | Details |
| Perps trading pair |
SKHY |
| Settlement asset | USDT |
| Estimated number of shares* | Up to 17.79 million shares (newly issued ordinary shares, representing approximately 2.5% of the total issued share capital before the offering). *The estimated number of shares is for reference only and does not constitute any representation, warranty, recommendation, or advice of any kind. You use or rely on the estimated number of shares for any purpose, including as the basis for any valuation of the perpetual futures, at your own risk. Bitget makes no guarantee as to the actual total number of pre-IPO shares. Any implied valuation of the perpetual futures is not provided by Bitget and does not constitute any statement or endorsement by Bitget. The actual total number of shares may differ from the estimated number of shares. Bitget reserves the right to adjust the amount of the pre-IPO perpetual futures based on the actual total share capital. Pre-IPO investing involves significant risks. You should conduct your own research and independently assess the risks before making any investment decision. |
| Tick size | 0.01 |
| Max leverage | 20× |
| Trading hours | 7*24h |
| Funding fee settlement frequency | Once every eight hours |
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