BackedFi opens RWA trading section on Hyperliquid, clears first auctions for eight spot listings

BackedFi opens RWA trading section on Hyperliquid, clears first auctions for eight spot listings

N
News Editor
2026-07-17 11:02:45
BackedFi has launched a dedicated RWA trading section on Hyperliquid, according to Odaily. The first batch includes eight on-chain U.S. stock and index products, with examples named in the report including the S&P 500 and Nvidia stock. Odaily said the opening auction for each of the eight listings was executed at 500 HYPE. Users can now buy tokenized U.S. stock and index-style RWA assets directly on Hyperliquid using HYPE. The report did not disclose the full list of all eight instruments beyond the examples mentioned.
BackedFiHyperliquidRWAHYPEtokenized stocksS&P 500Nvidiaspot trading

BackedFi has officially opened an RWA trading section on Hyperliquid, according to Odaily. The first batch features eight on-chain U.S. stock and index products, including the S&P 500 and Nvidia stock.

Odaily said the first auction for each of the eight listings cleared at 500 HYPE. Users can now use HYPE directly on Hyperliquid to buy tokenized U.S. stock and index RWA assets.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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