$SPK is skyrocketing. If you don't want to chase the high, you can consider mining.
Using $SKY for mining offers a 36% APY. If you don't have a position, you can just short the contract, and with a funding rate of over 25%, it should be fine.
The reason not many people use this hedging strategy is that $SKY doesn't have a contract, but many people don't realize that $SKY = $MKR ~ so you can just short $MKR directly.
The exchange ratio of MKR to SKY is 1:24000, so you can calculate the corresponding short position yourself.
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