The Hyperliquid ecosystem can now access over 260 Ondo tokenized stocks and ETFs through Felix, a leading trading platform in the Hyperliquid ecosystem. This marks the first time tokenized spot stocks and ETFs are available on Felix.
The launch comes as onchain trading venues increasingly facilitate price discovery for traditional assets outside of standard market hours. Hyperliquid’s weekend markets for equity and commodity derivatives recently drew attention after traders observed that prices on the platform often anticipated Monday’s open in traditional markets. Now those same traders can access tokenized spot exposure directly onchain.
Ondo’s diverse catalog provides tokenized exposure to Apple, Nvidia, Tesla, gold, silver, the Nasdaq-100 index, and hundreds more securities across a broad array of sectors. Each tokenized security is fully backed by the corresponding underlying asset held offchain and provides users with economic exposure to its price movements and dividends.
The equities are tokenized on Ethereum through Ondo Stocks and then bridged into the Hyperliquid ecosystem by Felix, where they trade alongside crypto-native markets. This further cements Ethereum as the critical infrastructure layer enabling the convergence of traditional and decentralized markets.
“This integration brings hundreds of Ondo tokenized stocks and ETFs to the Hyperliquid ecosystem through Felix,” said Ian De Bode, President of Ondo Finance. “One of crypto's most active trading ecosystems can now access spot positions on tokenized stocks that inherit the deep liquidity of traditional markets.”
“We’re thrilled to partner with Ondo Stocks to launch spot markets for tokenized stocks and ETFs on Felix,” said Charlie, co-founder at Felix. “Through Felix, users can access over 250 US spot markets, with more to come, combining deep liquidity with 24/5 availability. This brings a more seamless, brokerage-style experience onchain while helping users avoid many of the frictions of traditional offramps.”
Future Felix updates will introduce additional brokerage-style functionality for Ondo’s tokenized stocks, including limit orders across assets, dollar-cost averaging strategies, and the ability to use tokenized securities as collateral.
Since launching in September 2025, Ondo Stocks has quickly become the largest tokenized securities platform globally with over $700 million in total value locked, more than all other platforms combined. It has now powered over $13 billion in volume for more than 60 thousand holders.
