A decentralized trading platform called Hudi is now enabling traders to take leveraged positions on Samsung Electronics stock without using a traditional brokerage account. The offering does not involve actual Samsung shares. Instead, users trade synthetic perpetual contracts on the Sui blockchain that track Samsung's price movements.

Platform Offerings

Hudi is a decentralized trading platform built on SuiNetwork that specializes in synthetic exposure to Asian equities. The platform offers leverage of up to 25x on perpetual contracts, with all settlements conducted in stablecoins and trading available 24/7.

Beyond Korean stocks, Hudi covers Japanese and Hong Kong equities, along with benchmark indices including the KOSPI, Nikkei, and Hang Seng.

Samsung Electronics has no involvement in the offering. There has been no endorsement, partnership announcement, or tokenization agreement. Hudi tracks Samsung's stock price synthetically, functioning similarly to how a perpetual futures contract on Bitcoin tracks Bitcoin's spot price without requiring the exchange to hold the underlying asset.

This structure means users depend entirely on the platform's oracle feeds and smart contract logic for accurate pricing and fair liquidation, without the investor protections associated with licensed brokerages such as regulatory oversight, deposit insurance, or formal dispute resolution channels.

Private Alpha Status

As of early August 2026, Hudi remains in private alpha. Access is restricted and requires either joining a waitlist or obtaining a referral code from an existing user.

The platform's Twitter account was created in March 2026, with promotional activity concentrated on crypto Twitter throughout August. Referral links from early users and traders have circulated alongside posts from the platform's official account. Mainstream financial media has not yet covered Hudi, consistent with its early-stage status and niche audience.

Synthetic Equities on Blockchain: Broader Context

Hudi is not the first project to bring traditional equity exposure onto blockchain infrastructure. Synthetix pioneered synthetic assets in the decentralized finance space. Mirror Protocol on Terra previously offered synthetic stocks before collapsing along with the broader Terra ecosystem in 2022. Mirror Protocol had received a subpoena from the U.S. Securities and Exchange Commission prior to Terra's collapse.

The SEC's action against Mirror Protocol illustrates a recurring regulatory question for synthetic equity projects: whether instruments that derive their value from publicly traded stocks qualify as unregistered securities or fall under existing derivatives and commodities frameworks. To date, no major jurisdiction has established a comprehensive regulatory framework specifically governing synthetic equity contracts on blockchain platforms.

Hudi's focus on Asian markets represents a deliberate differentiator. Most synthetic equity experiments have targeted U.S. stocks such as Tesla, Apple, and Amazon. By concentrating on Korean, Japanese, and Hong Kong equities, Hudi is positioning itself in a segment with less direct competition within the decentralized trading space.