Silhouette launches Hyperliquid RFQ trading system, initially supporting xStocks tokenized stocks.
2026.09.01 22:20:43
Hyperliquid’s block trading layer Silhouette has announced the mainnet launch of its RFQ (Request for Quote) trading system, with initial support for xStocks, Payward’s tokenized stock framework. According to the announcement, traders can submit quotes for supported xStocks, receive competitive bids from multiple market makers, and final executed trades settle directly on-chain, with support for 24/7 trading and large-sized orders. This model eliminates the need to build separate order books for each tokenized stock; once trading activity reaches a certain threshold, the assets can also be listed on Hyperliquid’s HyperCore market. Data shows that since its launch in June 2025, xStocks has recorded a cumulative trading volume exceeding $40 billion, with over 200,000 holders, of which nearly $20 billion in volume has been settled on-chain. The current global tokenized stock market size is around $2.53 billion, with xStocks boasting a market cap of ~$620 million, ranking third globally. In addition, Payward announced today that it will tokenize the 100 largest companies by market cap listed on the London Stock Exchange. The first batch of London-listed xStocks is expected to launch in the coming weeks, pending regulatory approval.
ZEC’s liquidation volume exceeded $13.4 million over the past four hours, ranking first across the entire network.
9 minutes ago
DEED token on Robinhood Chain suspected of rug pull, deployer profited nearly $900,000
9 minutes ago
CryptoQuant Founder Predicts Bitcoin Will Rise 3 to 5 Times in This Bull Run, With Extreme Volatility to Ease
9 minutes ago
GPT-6-linked Sol and Luna begin competing on cost-effectiveness: Sol is priced at just half that of Opus 5.5.
9 minutes ago
FTX’s asset liquidation team transferred 27,372 ETH to Wintermute, likely for consignment sale.
9 minutes ago
Two linked wallets staked $20.49 million worth of HYPE.
9 minutes ago
Hot feeds
A trader profits $448K by monitoring #Binance's new listings!
2024.12.13 17:37:29
Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.
2024.12.16 14:48:36
A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.
2024.12.14 10:35:27
When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.
2026.01.31 18:37:29
A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.
2025.01.05 16:05:18
A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!
2024.12.03 23:09:08
MoreHot Articles

How did I turn $1,000 into $30,000 with smart money?
2024.12.09

10 promising AI Agent cryptos
2024.12.05

The 30-Year-Old Entrepreneur Behind Virtual, a Multi-Million Dollar AI Agent Society
2025.01.22

10 smart traders specializing in MEMEcoin trading on Solana
2024.12.09

A trader lost $73.9K trading memecoins in just 3 minutes — a lesson for us all!
2024.12.13

What is $SPORE? Let us take you through the on-chain records to show you how it works.
2024.12.25

