Trade.xyz, described in the source report as an "on-chain Nasdaq," continued to price U.S. and South Korean equities over the weekend through perpetual contracts while traditional markets were closed. Its weekend market showed most widely watched U.S. tech names trading below their Friday closing levels, suggesting a slightly weaker start before Monday’s cash session.
Among the U.S. names cited, SanDisk (SNDK) was quoted at $1,761.75, down 1.68% from Friday’s $1,791.82 close. Marvell Technology (MRVL) traded at $240.79, down 1.42% from $244.25, while Micron (MU) stood at $1,001.85, off 1.37% from $1,015.8. AMD changed hands at $554.09, down 1.02%, and Nvidia was at $220.49, down 0.80%. Google was nearly unchanged at $349.53 versus a Friday close of $349.54. Intel was the outlier, rising 1.11% to $109.81 from $108.6.
South Korean names on the platform also traded modestly below Friday’s closes. Samsung Electronics was quoted at $187.26, down 0.62% from $188.42, and SK Hynix was at $1,332.95, down 0.53% from $1,340. According to BlockBeats, the pricing implied a slightly lower Monday open for both stocks.
BlockBeats reported on Sept. 20 that while traditional markets were closed for the weekend, Trade.xyz — described in the report as an "on-chain Nasdaq" — continued to offer trading and real-time price discovery through perpetual contracts, giving an early read on Monday moves in U.S. and South Korean equities.
On the platform, most heavily watched U.S. stock names were trading below their Friday closing prices, pointing to a slightly weaker overall open ahead of Monday’s premarket session.
Most U.S. tech names traded below Friday closes
SanDisk (SNDK) was quoted at $1,761.75, down 1.68% from its Friday close of $1,791.82. Marvell Technology (MRVL) traded at $240.79, down 1.42% from $244.25, while Micron (MU) stood at $1,001.85, down 1.37% from $1,015.8.
AMD was priced at $554.09, down 1.02% from $559.82. Nvidia changed hands at $220.49, down 0.80% from $222.27. Google was effectively flat at $349.53 versus a Friday close of $349.54.
Intel was the exception among the names listed, rising to $109.81 from $108.6, a gain of 1.11%.
South Korean stocks also pointed lower
Trade.xyz pricing for popular South Korean stocks also came in slightly below Friday closing levels, indicating that Samsung Electronics and SK Hynix could both open modestly lower on Monday.
Samsung Electronics was quoted at $187.26, down 0.62% from $188.42. SK Hynix traded at $1,332.95, down 0.53% from its Friday close of $1,340.
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