Silhouette Unveils RFQ Trading For Tokenized Equities On Hyperliquid
Silhouette has launched its Request for Quote (RFQ) system on mainnet, enabling traders to request quotes for tokenized equities from xStocks and settle trades onchain. This launch marks a significant step in the growth of tokenized equities on Hyperliquid.
The RFQ system allows traders to request quotes for supported xStocks, receive competing quotes from onboarded market makers, and settle the winning trade onchain at any hour and at size. Silhouette's RFQ is designed to address the challenge of tokenized stocks having nowhere to trade, with most of them sitting thin in their own order books.
xStocks' General Manager, Val Gui, said that access to real markets shouldn't stop when a broker's desk closes for the night. Silhouette's RFQ is the venue that treats tokenized equities like real assets, not experiments.