MEXC July TradFi futures data show storage-linked volume up 575% as SanDisk (SNDK) surges 1,573%
AI Market Summary
MEXC's July TradFi futures data show a sharp rotation in trading activity within AI-linked equities from compute chips toward storage: storage futures volume rose 575% MoM, while computing-chip volume fell 18%. SanDisk (SNDK) led with a 1,573% volume surge, alongside large gains in SK Hynix and Samsung, while NVIDIA volumes declined. The data highlight shifting speculative focus across the AI infrastructure stack.
Impact level
● Low
Affected assets
NCSKSNDK2USD/USDT-1.19%
AI Insight · NCSKSNDK2USD/USDTAI Insight
● Neutral
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MEXC’s July TradFi futures data show storage-related contracts rose 575% month over month and made up nearly 20% of total TradFi futures volume, becoming the biggest driver of growth. Over the same period, computing-chip futures volume fell 18%. Among single names, SanDisk (SNDK) posted a 1,573% jump in futures volume, while Micron rose 130%, SK Hynix 1,274%, and Samsung 1,406%, pointing to a shift in trading interest from computing chips to data storage.
