Ondo Finance has bridged 35 tokenized stock and ETF assets to Hyperliquid’s HyperEVM, leveraging the cross-chain messaging protocol LayerZero. The integration allows HyperEVM users to trade Ondo’s tokenized equities directly on the platform, opening up sophisticated DeFi strategies such as basis trades and delta‑neutral hedging for perpetual traders.
The bridge, powered by LayerZero, supports transfers from Ethereum and BNB Chain. Among the available assets are tokenized versions of popular stocks and ETFs, including SPYon, NVDAon, TSLAon, and QQQon. Early HyperEVM protocols like Felix Protocol and Melt Finance have already integrated these Ondo products, broadening user access. Ondo Global Markets, the tokenization arm, has accumulated approximately $970 million in total value locked and recorded nearly $18 billion in cumulative trading volume since its launch in September 2025.
By bringing on-chain exposure to real‑world equities through a high‑performance decentralized exchange, the move underscores growing institutional confidence in tokenized assets. Traders can now combine spot positions with perpetual futures on applicable markets, enabling strategies like funding‑arbitrage and relative‑value plays while relying on pricing feeds from venues such as the New York Stock Exchange and Nasdaq.
