TL;DR:
The Hyperliquid ecosystem has expanded its offering and now provides access to over 260 tokenized stocks and ETFs through Felix, one of the most important trading platforms within the market. The integration was announced by Ondo Finance. It marks the first time tokenized equity assets in spot format are available within Felix.
The assets include exposure to companies such as Apple, Nvidia, and Tesla, as well as indices like the Nasdaq-100 and commodities such as gold and silver. Each token is fully backed by the corresponding underlying asset, custodied off-chain, and grants the user economic exposure to the price movements and dividends of the original asset.
The technical process involves the tokenization of assets on Ethereum through Ondo Global Markets, followed by a bridge into the Hyperliquid ecosystem, where they are traded alongside native crypto markets. Ethereum is consolidating its position as the central infrastructure for the integration between traditional and decentralized finance, as well as within the asset tokenization industry.
Charlie, co-founder of Felix, noted that the platform offers access to over 250 U.S. spot markets and that it operates with 24-hour availability, five days a week. This is essential to minimizing the usual friction associated with exits toward the traditional financial system.
Hyperliquid’s weekend markets for equity and commodity derivatives had already demonstrated their capacity to anticipate Monday’s opening price in conventional markets. The incorporation of tokenized spot positions will help improve and deepen that price discovery function.
Upcoming Felix updates will include limit orders, dollar-cost averaging strategies, and the ability to use tokenized assets as collateral. Since its launch in September 2025, Ondo Global Markets has accumulated over $700 million in total value locked, surpassing the rest of the tokenized securities platforms combined.
