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Pump lets anyone create coins, giving everyone equal access to buy and sell from the start. Prices can move quickly, so trade carefully.
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Go long or short SKHX with up to 15x leverage and isolated margin on Hyperliquid, funded straight from your pump wallet.
SKHX is designed for making bullish bets on the ADR of SK Hynix Inc. through swap agreements. The fund seeks to obtain daily leveraged exposure equivalent to 200% of the fund's net assets. To maintain this exposure, daily rebalancing is performed to make adjustments in response to SK Hynixs daily price movements. As a geared product, the fund is intended as a short-term tactical tool, rather than as a long-term investment vehicle. As a result, returns may deviate from the expected 2x if held for longer than a single day due to compounding. This strategy is high-risk and does not include a defensive position as part of its overall process. Note that should SK Hynix's value decline by more than 50% relative to the fund, investors could face a total loss. Additionally, the fund could potentially lose money over time, even if SK Hynix's performance strengthens. The fund is expected to invest in money market funds, deposit accounts, and short-term debts.
If the price moves too far against you, your position gets liquidated and you lose the money you put in. Higher leverage means a smaller move can wipe you out.