Woofun AI data shows that SK Hynix ADRs (SKHY) trade at a 33.7% premium relative to the underlying KRX stock (SKHX) on Hyperliquid. This premium is approximately 3.1 times that of TSMC’s current 10.8% ADR premium. Total 24-hour trading volume for both assets reached $1.663 billion, with combined open interest at $546 million.

Large addresses have established $32.4 million in convergence positions (long SKHX, short SKHY), currently holding $1.117 million in unrealized losses. These positions incur hourly funding costs as both legs pay rates, totaling approximately $1,453 per hour for the top five addresses. Conversely, a $9.719 million divergence position earns $588 hourly in funding while maintaining a net long exposure.