Svmuu (Reuters) - Sky Associates has opened S&P 500 trading on the Hyperliquid platform, establishing a short S&P 500 position with 20x leverage while expanding its long Brent crude oil position with 7x leverage, according to monitoring by Onchain Lens. The data on the chain shows that its current strategy is to short equity indices and long commodities. In addition, it has a TWAP order in the position and plans to further increase the size of the position.