SK Hynix Profit Soars Thanks to AI, Get to Know the SK Hynix Tokenized Stock Token from Ondo (SKHYon)
2026-10-29
KRW 83.33 trillion. That was SK Hynix's operating profit in Q3 2026, up 632% from the same period last year. The driver remains SK Hynix AI chip demand, namely demand for memory chips for AI servers that continues to exceed supply.
The shares of the South Korean memory manufacturer now have a tokenized version called SKHYon, aka SK Hynix Tokenized Stock Ondo. The token will list on Bittime.
Key Takeaways
- SKHYon is a token from Ondo that provides economic exposure equivalent to SKHY shares, not a crypto with its own fundamentals.
- SKHYon price is around USD 159.96, but its market capitalization is only about USD 1.2 million, so liquidity is thin.
- The SK Hynix token will list on Bittime, while the company's operating profit rose 632% in Q3 2026.
SK Hynix Profit Rises 632%, AI Chips Are the Driver
According to KuCoin News, SK Hynix's operating profit in Q3 2026 reached KRW 83.33 trillion, while revenue rose 328% to KRW 104.62 trillion. The result exceeded analyst consensus, with memory prices and AI product sales as the main causes.
Net profit did not soar as high. Cited by KuCoin News, the figure was KRW 39.78 trillion, down 58% from the previous quarter due to foreign exchange losses and lower valuation of investment assets. So, the 632% figure refers to operating profit.
Want to prepare before listing? Register on Bittime and explore the Tokenized US Stocks market, which according to Kontan now contains 37 instruments.
What Is SK Hynix Tokenized Stock from Ondo (SKHYon)?
SKHYon is the tokenized version of SK Hynix shares issued by Ondo. Based on CoinMarketCap, token holders receive economic exposure similar to owning SKHY shares while reinvesting their dividends.
In other words, the SKHYon price is designed to track the underlying stock, not to be influenced by crypto project tokenomics. Ondo also issues other stock tokens, such as Coinbase Tokenized Stock (Ondo).
Read Also: Popular Tokenized Stocks 2026: Technology Stocks Become Investor Favorites
How Ondo Tokenized Stocks Work
Ondo says its product allows non-US users, both retail and institutional, to mint and redeem US stocks and ETFs 24 hours a day, five days a week. Liquidity refers to traditional exchanges, and additional restrictions apply.
The SKHYon contract is recorded on the Ethereum network at address 0xc0fE36F4FFBDf1B38E192215073590a68f9A2Af7. CoinMarketCap also includes it in the Solana ecosystem.
The difference from regular shares lies in the form of ownership and access. Tokens can be transferred between wallets and traded outside market hours, but not all stock tokens grant the same rights as direct ownership, as reminded by Kontan.
SKHYon Price Today in USD and IDR
As of October 29, 2026, SKHYon is trading around USD 159.96 based on the latest price chart. Supporting data from CoinMarketCap:
- SKHYon USD price: around USD 159.96
- Market capitalization: around USD 1.2 million, calculated from circulating supply
- Circulating supply: 7,725 SKHYon
- All-time high: USD 199.39 on September 9, 2026
- All-time low: USD 114.79 on July 29, 2026
The current price is about 19.8% below the all-time high and about 39% above the all-time low. The chart from October 13 to 29 shows the price briefly fell to around USD 130 before rebounding to around USD 160.
For SKHYon IDR, assuming an exchange rate of around Rp17,900 per US dollar as referenced in early October 2026 by Bisnis.com, one token is equivalent to approximately Rp2.86 million. Check the latest figure via the USDT to IDR converter.
Read Also: How to Buy SpaceX Tokenized Stock (SPCXx)
SK Hynix Token Listing on Bittime, Here's How to Prepare
Bittime will list SKHYon, so Indonesian users can access it without going through the Ondo platform. The listing schedule and trading pairs follow Bittime's official announcement.
Preparation that can be done starting now:
- Register an account and complete identity verification.
- Prepare rupiah funds. The crypto asset purchase flow on Bittime can be learned through the buying guide.
- Monitor listing announcements on Bittime's official channels.
- After the market opens, find SKHYon in the tokenized stocks market and match the asset name before trading.
The direct route via Ondo remains available for non-US users, subject to additional terms and restrictions from Ondo.
Read Also: Injective SICI: NVIDIA GPU Rental Futures with Leverage up to 10x
Conclusion
SK Hynix's profit shows the scale of AI memory chip demand, but the 632% figure applies only to operating profit. SKHYon offers an on-chain route to SKHY shares and will arrive on Bittime, with a note of thin liquidity. Learn the product structure and risks before taking a position. This article is not investment advice.
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FAQ
What is SKHYon?
SKHYon is a token from Ondo that provides economic exposure equivalent to SK Hynix (SKHY) shares. This token is not an independent crypto.
Is SKHYon the same as SK Hynix shares?
Economically, the token is designed to mimic its underlying stock. The form of ownership, custody, and trading access differ from regular shares.
What is the SKHYon price today?
As of October 29, 2026, its price is around USD 159.96 or approximately Rp2.86 million at an exchange rate of Rp17,900. Rupiah figures are estimates.
When will SKHYon list on Bittime?
The official schedule follows Bittime's announcement. Monitor official channels for trading pairs and opening time.
Is SKHYon safe?
There is no security guarantee. Risks include thin liquidity, underlying stock movements, and the tokenization product structure.
Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.
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