Samsung equity now tradable as synthetic perpetuals on Hudi’s Sui-based platform

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A platform called Hudi is now letting traders take leveraged positions on Samsung Electronics stock without ever touching a traditional brokerage account. The catch: you’re not actually buying Samsung shares. You’re trading synthetic perpetual contracts on the Sui blockchain that track Samsung’s price movements.

What Hudi actually offers

Hudi is a decentralized trading platform built on SuiNetwork that specializes in synthetic exposure to Asian equities. The platform offers leverage up to 25x on these perpetual contracts. All settlements happen in stablecoins, and trading runs 24/7. Beyond Korean stocks, Hudi also covers Japanese and Hong Kong equities, along with benchmark indices like the KOSPI, Nikkei, and Hang Seng.

Samsung itself has no involvement in this. There’s been no endorsement, no partnership announcement, no tokenization deal. Hudi is tracking Samsung’s stock price synthetically, the same way a perpetual futures contract on Bitcoin tracks Bitcoin’s spot price without requiring the exchange to hold actual Bitcoin.

Still in private alpha

As of early August 2026, Hudi remains in private alpha. Users can’t simply show up and start trading. Access requires either joining a waitlist or securing a referral code from an existing user.

The platform’s Twitter account was created in March 2026, and most of its promotional activity has been concentrated on crypto Twitter throughout August. Referral links from early users and traders have been circulating alongside posts from the platform’s official account. Mainstream financial media hasn’t covered Hudi, which is consistent with its early-stage status and the niche audience it currently serves.

The bigger picture: synthetic equities on-chain

Hudi isn’t the first project to attempt bringing traditional equity exposure onto blockchain rails. Synthetix pioneered synthetic assets years ago, and Mirror Protocol on Terra famously offered synthetic stocks before collapsing alongside the broader Terra ecosystem in 2022. Mirror Protocol received an SEC subpoena before Terra’s collapse.

Hudi’s focus on Asian markets is a deliberate differentiator. Most synthetic equity experiments have targeted US stocks, specifically the usual suspects like Tesla, Apple, and Amazon. By concentrating on Korean, Japanese, and Hong Kong equities, Hudi is carving out a niche with less direct competition in the decentralized space.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

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