SNDK Stock Perpetual Volume Hits 62.4% of U.S.
Spot Turnover, Highest in Available Data According to the tokenized equities panel on WuBlockchain Data, aggregate SNDK (SanDisk) stock perpetual volume across 32 tracked venues reached $16.291 billion on Aug. 19, versus roughly $26.1 billion in SNDK US spot turnover the same day (16.28 million shares at an average price of about $1,603)
That puts the ratio at 62.4%, the highest reading on record. The ratio stayed elevated for three consecutive sessions in mid-to-late August: 42.0% on Aug. 17 ($13.40B vs $31.94B), 52.6% on Aug. 18 ($16.19B vs $30.78B), and 62.4% on Aug. 19. It eased to 38.0% by Aug. 26 ($4.98B vs $13.10B).
SNDK ranks first on this metric among all equity-linked perpetuals, followed by CRCL (47.2% on Aug. 5), SOXL (38.1% on Aug. 6), MSTR (20.0%) and MU (14.6%). NVDA and Meta both came in below 3%. — link