Hyperliquid platform expands offerings with introduction of fractional equity trading, coinciding with Global Markets milestone of surpassing billion-dollar threshold in total value locked.

Ondo Finance is bringing tokenized stocks and ETFs to Hyperliquid’s HyperEVM through the Ondo Bridge, expanding access to onchain equity exposure across one of crypto’s most liquid trading ecosystems.

Ondo tokenized stocks can now be bridged to Hyperliquid’s HyperEVM via @LayerZero_core.

Spot positions unlock advanced strategies for perp traders on applicable markets, such as basis trades and delta-neutral hedging.@Meltfinance and @felixprotocol are among the first HyperEVM… pic.twitter.com/fYqOcRV8k7

— Ondo Finance (@OndoFinance) May 11, 2026

Eligible users can now transfer Ondo tokenized assets from Ethereum and $BNB Chain to HyperEVM using the Ondo Bridge, powered by LayerZero. The initial rollout covers 35 assets, including SPYon, QQQon, NVDAon, TSLAon, and GOOGLon.

The move gives Hyperliquid users access to tokenized spot exposure that can be paired with perpetual positions on applicable markets. That setup opens the door to more capital efficient strategies such as basis trades, funding rate arbitrage, portfolio hedging, and delta neutral positioning, areas that have historically been harder to execute fully onchain.

Rather than building isolated liquidity pools for each asset, Ondo’s model tracks the underlying traditional securities listed on venues such as the NYSE and Nasdaq. The tokens are designed to provide economic exposure to the underlying asset’s price action and dividends, rather than direct ownership of the shares themselves.

The HyperEVM expansion builds on Ondo’s existing push into the Hyperliquid ecosystem. Felix Protocol previously launched access to more than 250 Ondo tokenized US equities on HyperEVM, giving onchain traders a way to access stock and ETF exposure without leaving crypto rails.

The Hyperliquid integration comes as Ondo Global Markets reached a new milestone, surpassing $1 billion in tokenized stock TVL less than eight months after launch and becoming the first tokenized stocks platform to cross that mark.

The platform now offers more than 260 tokenized US stocks and ETFs across Solana, Ethereum, and $BNB Chain, with access through wallets, exchanges, custodians, and protocols including Binance, Bitget, MetaMask, and Blockchain.com.

Ondo said Global Markets holds more than 70% market share among tokenized equity issuers and has secured regulatory approval to offer tokenized stocks and ETFs across 30 EU and EEA countries.

The broader rollout reflects the growing race to bring traditional assets onchain. MetaMask added access to more than 200 Ondo tokenized US stocks, ETFs, and commodities for eligible users earlier this year, while Ondo and LayerZero previously launched a bridge for tokenized securities across Ethereum and $BNB Chain.