Aster Launches SKHYB Holding Activity with a Prize Pool of $15,000

Foresight News reports that Aster has announced the launch of the SKHYB spot market, while also supporting the use of SKHYB as collateral in perpetual contract accounts under the multi-asset mode, with a maximum collateral ratio of 90%. Simultaneously, Aster has introduced the SKHYB holding activity, featuring a prize pool of $15,000 worth of SKHYB. The event will run from July 15 to July 22 at 18:00. SKHYB is a tokenized stock launched by Binance, corresponding to the shares of South Korean semiconductor giant SK Hynix. It is issued by BTECH Holdings Ltd (ADGM) and backed 1:1 by real stocks held by regulated custodians. To participate in the activity, users must enable the multi-asset mode, hold at least $100 worth of SKHYB, and complete a minimum perpetual contract trading volume of $1,000. Rewards will be distributed based on a combined calculation of holding volume and holding duration.