xStocks Launches Five Tokenized Stocks on the Hyperliquid Spot Market

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xStocks has listed five tokenized stocks—MUx, SKHYx, NVDAx, QQQx, and SPYx—on Hyperliquid’s spot market. Each asset has approximately $1 million in liquidity, with average spreads of 8–12 basis points. On-chain data shows strong initial demand. Trading is available 24/7, but the product is restricted to non-U.S. residents. xStocks, a Payward initiative, provides tokenized access to U.S. equities, ETFs, and IPO assets. On-chain analysis indicates growing interest in tokenized financial products.

According to Huoxing Finance, the tokenized stocks platform xStocks has announced that MUx, SKHYx, NVDAx, QQQx, and SPYx are now live as native spot assets on Hyperliquid. Each asset has approximately $1 million in liquidity, with an average spread of 8–12 basis points, and supports 24/7 trading, with additional assets planned for future listing. This product is not available to users in the United States or U.S. persons and is subject to geographic restrictions. xStocks, launched by Payward, offers trading in tokenized U.S. stocks, ETFs, IPOs, and other assets.

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