Key Takeaways
- • The only available source is a CryptoRank data page describing GraniteShares 2x Short SK Hynix Daily tokenized ETF (xStock), ticker SKDDx, which is issued by Backed.
- • The page lists a market capitalization of approximately $2.40 trillion, down 2.74%, and a 24-hour spot volume of $41.69 billion, up 36.3%; these figures appear to be platform-wide or aggregate data and should not be read as the product's own metrics.
- • The product is a tokenized exchange-traded fund offering 2x inverse (short) daily exposure to SK Hynix, the South Korean semiconductor manufacturer.
Summary
CryptoRank's data page profiles GraniteShares 2x Short SK Hynix Daily tokenized ETF (xStock), trading under the ticker SKDDx, and identifies Backed as the issuer. The product is a tokenized ETF that provides daily 2x short exposure to SK Hynix, meaning it is designed to return approximately twice the inverse of the stock's daily performance and is reset each trading day.
The page displays a market capitalization of about $2.40 trillion, down 2.74%, and 24-hour spot volume of $41.69 billion, up 36.3%. These headline figures do not appear to reflect the SKDDx token alone and likely represent broader aggregate data on the CryptoRank platform, so they should be treated with caution. The page's price statistics, chart, and fiat pairs were not captured in the available content.
The source material is limited to a data listing and does not include reporting on fund flows, pricing history, regulatory treatment, or the issuer's commentary. Readers seeking performance or structural details should consult the issuer's disclosures and primary market data.
The page displays a market capitalization of about $2.40 trillion, down 2.74%, and 24-hour spot volume of $41.69 billion, up 36.3%. These headline figures do not appear to reflect the SKDDx token alone and likely represent broader aggregate data on the CryptoRank platform, so they should be treated with caution. The page's price statistics, chart, and fiat pairs were not captured in the available content.
The source material is limited to a data listing and does not include reporting on fund flows, pricing history, regulatory treatment, or the issuer's commentary. Readers seeking performance or structural details should consult the issuer's disclosures and primary market data.
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