According to Wu Blockchain's data center, as of August 17, the open interest for Sandisk (SNDK) stock perpetual contracts reached $1.73 billion, ranking first among equity-based instruments. This is approximately 1.86 times that of SPCX ($928 million) and 3.51 times that of SKHX ($493 million). SNDK has become the largest equity-based perpetual product in the crypto market by open interest, with trading volume significantly surpassing that of most storage-related stock perpetual contracts like MU. Notably, several institutions providing liquidity for SNDK and its related derivatives are also deeply involved in the digital asset market. Cboe's directory shows that Susquehanna (SIG) is the designated market maker for SNDK options, while IMC holds the same role on EDGX Options. MIAX filings reveal that Citadel Securities was designated as the lead market maker when leveraged ETF options related to SNDK were launched. Additionally, a Schedule 13G filed by Jane Street on August 5 indicates that as of July 30, it held a beneficial ownership of 7.4094 million shares of Sandisk, representing 5.0% of the total outstanding shares. As one of the world's largest electronic market makers, Jane Street was also an early adopter of digital asset trading among traditional financial institutions. https://(wublock123.com)/news/sndk-stock-perpetual-open-interest-1-72b-largest-equity-label-66631