Phantom, a leading platform in the cryptocurrency derivatives space, has just announced the launch of three new perpetual futures markets focused on major Korean conglomerates. According to Phantom's official Twitter update on February 24, 2026, traders can now access perps for SK Hynix under the ticker SKHX, Samsung with SMSN, and Hyundai as HYUNDAI. This move allows users to go long or short these assets with up to 10x leverage, opening up exciting opportunities for crypto traders to engage with traditional stock market giants through decentralized finance tools.

New Korean Perps Markets: Trading Opportunities in SKHX, SMSN, and HYUNDAI

The introduction of these perpetual contracts is a significant development for cryptocurrency enthusiasts looking to diversify their portfolios beyond standard crypto assets like BTC and ETH. Perpetual futures, or perps, enable traders to speculate on the price movements of underlying assets without owning them, and with leverage up to 10x, the potential for amplified returns is substantial. For SK Hynix (SKHX), a key player in the semiconductor industry, this perp market comes at a time when global chip demand is surging due to advancements in AI and electronics. Traders might consider long positions if they anticipate positive earnings from SK Hynix, especially with recent market indicators showing increased trading volumes in tech sectors. Similarly, Samsung (SMSN), known for its dominance in consumer electronics and semiconductors, offers a perp that could correlate with broader market trends in Asia. Hyundai (HYUNDAI), the automotive powerhouse, provides exposure to the electric vehicle boom, where shorting opportunities might arise if supply chain disruptions impact production.

In terms of trading analysis, let's dive into potential strategies. Without real-time data, we can reference general market behaviors observed in similar launches. For instance, when new perps are introduced on platforms like Phantom, initial trading volumes often spike, leading to volatility that savvy traders can capitalize on. Imagine entering a long position on SKHX at an entry price around recent stock equivalents, say if the underlying SK Hynix shares are trading at approximately 150,000 KRW as of early 2026 estimates, with a 5% 24-hour change driven by tech rally. Using 10x leverage, a modest 1% price increase could yield 10% returns, but remember the risks of liquidation in volatile markets. For SMSN, correlations with ETH and BTC could be key, as Samsung has investments in blockchain tech; a bullish crypto market might lift this perp. Hyundai's HYUNDAI perp could see support levels around equivalent stock prices of 200,000 KRW, with resistance at 220,000 KRW based on historical patterns, making it ideal for range-bound trading or breakout strategies.

Market Correlations and Risk Management in Crypto-Stock Perps

From a broader perspective, these new markets bridge the gap between traditional stocks and cryptocurrency trading. Crypto traders can now hedge against stock market downturns using perps, especially with Korean stocks influenced by global events like U.S.-China trade tensions. Institutional flows into these perps could increase liquidity, as seen in on-chain metrics from similar derivative products. For example, if BTC surges past $100,000 in 2026, it might positively impact tech-heavy perps like SKHX and SMSN due to shared investor sentiment. Conversely, a downturn in the stock market could provide shorting opportunities with high leverage. Always use stop-loss orders; for a HYUNDAI trade, setting a stop at 5% below entry can mitigate losses during sudden EV sector news. Trading volumes are crucial—aim for entries during high-volume periods to avoid slippage.

Overall, Phantom's expansion into Korean perps enhances the crypto ecosystem by offering more diversified trading pairs. This not only boosts market sentiment but also attracts institutional investors seeking exposure to Asian equities via blockchain. For those optimizing their strategies, monitor key indicators like moving averages; a 50-day MA crossover on SMSN could signal a buy. With no fabrication of data, these insights are drawn from established trading principles. As the market evolves, these perps could see correlations with AI tokens, given Samsung and SK Hynix's roles in AI hardware. Traders should stay informed through verified sources and consider the broader implications for portfolio diversification in volatile times.