SK Hynix IncSK Hynix contracts drew more than $8 billion of volume on Hyperliquid last week, as crypto traders pivot to AI and semiconductor stocks.
A growing number of crypto-native traders are shifting from memecoins into AI and semiconductor stocks, bringing their round-the-clock, momentum-driven playbook to traditional equity markets. Contracts tracking SK Hynix Inc., Micron Technology Inc. and SanDisk Corp. drew more than $8 billion of volume on Hyperliquid last week alone, while Binance’s average daily volume in stock-linked contracts surged from $85 million in February to $5.5 billion in July. The migration has attracted hedge funds from Hong Kong to New York that are taking the other side of retail trades, collecting funding payments when bullish bets become lopsided. Some analysts warn the feedback loop of viral social-media accounts and leveraged buying could lead to sharp collapses, but traders like Rahul Patel say AI companies offer revenue and catalysts that memecoins lacked, allowing him to hold positions for years rather than hours.
SK Hynix IncSK Hynix contracts drew more than $8 billion of volume on Hyperliquid last week, as crypto traders pivot to AI and semiconductor stocks.
Micron Technology IncCrypto traders shifting to AI and semiconductor stocks, with Micron contracts drawing significant volume on Hyperliquid, indicating increased demand for Micron's products.
Sandisk CorpSanDisk contracts drew more than $8 billion of volume on Hyperliquid last week, reflecting crypto-native trader demand for AI and semiconductor stocks.
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