xStocks Brings Tokenized Equities to Hyperliquid

xStocks, the tokenized equities framework developed by Payward, has gone live on Hyperliquid's HyperCore. This marks the first time many popular tokenized US stocks and ETFs are available on HyperCore's onchain spot order books.

The initial rollout includes five tokenized US stocks and ETFs quoted against USDC: Nvidia (NVDAx), the S&P 500 index (SPYx), the Nasdaq-100 index (QQQx), SK Hynix (SKHYx) and Micron (MUx). Further xStocks deployments to HyperCore are planned in the coming weeks.

xStocks is backed 1:1 by its underlying reference asset, held in custody by a regulated entity, and designed to move freely between centralized exchanges, self-custodied wallets, and onchain applications.