Hyperliquid’s HIP-3 market has climbed to $1.2 billion in open interest, led by tokenized equity and commodity futures. Oil-linked contracts and stock index products are driving much of the activity.
Bitcoin traded near $77,200 and moved above its 50-day average as oil fell more than 5%, boosting Asian equities. Still, over $2 billion in spot ETF outflows in the past two weeks kept analysts cautious on the rally's durability.
Rialto is pitching itself as an onchain spot exchange built around execution rather than simple asset listings, with support for crypto assets, stock tokens, ETFs and commodities on Robinhood Chain. The project has emerged alongside Robinhood Crypto, Offchain and Arbitrum, and says its key differentiator is a routing model that compares multiple liquidity sources for every trade. At the center of that design is propAMM, Rialto’s term for an onchain market maker that quotes with its own inventory and pricing logic while continuously referencing external markets. The system evaluates real-time quotes from propAMMs and traditional DEX pools, ranks routes by net output after network costs, and settles the winning path atomically onchain. Orders can also be split across venues when that improves execution. Rialto says its in-house propAMM, Rivo Altus, competes alongside outside liquidity for each order instead of receiving flow by default. The platform has also launched a partner program for apps, terminals, bots and agents, with its swap API already integrated by Arcus, Index and LI.FI. According to data shown on Rialto’s website, ETH is currently the most active asset on the platform with about $128 million in 24-hour volume, while most individual stock tokens remain in the thousands to tens of thousands of dollars range.
Robinhood CEO Vlad Tenev has publicly asked developers building stock tokens or other real-world asset applications to get in touch, a signal that the company wants to accelerate activity around tokenized securities and adjacent RWA products on Robinhood Chain. The post came after Robinhood Chain’s public mainnet went live on July 1, with stock tokens, ETFs and private assets identified as key areas of focus. Foresight News reviewed a group of projects already building on the network. The list spans several segments: Arcus and Lighter for stock-token and perpetual trading, Rialto as a spot exchange and AMM venue, The Index for fee-based stock-token distributions, Arrow Finance for overcollateralized lending, Meridian for RWA perpetuals and prediction markets, Vimen for basket tokens, RoodFi for tokenized tax liens and tax deeds, Fletcher for physical collectible cards mirrored onto the chain, Sherwood Exchange for privacy-focused RWA trading, and Fletch Finance for splitting stock principal from dividend rights. The report also stresses that the ecosystem is still very early. Many of the products launched only recently, and their product maturity, real user demand and ability to keep operating have not yet been fully tested. Mentions by ecosystem accounts such as Virtuals should not be read as investment, formal partnership or credit support, and any token-linked project may carry liquidity, contract, concentration and maintenance risks.
On December 26, 2026, U.S. stock markets operate normally while European, Australian, New Zealand, Hong Kong, and Canadian exchanges are closed for Boxing Day. CME precious metals, energy, forex, and index futures trade normally; U.S. Treasury futures pause from 2:00 PM to 7:00 PM Beijing time due to lack of European liquidity.
The Australian Securities Exchange (ASX) has approved its first Bitcoin ETF, the VanEck Bitcoin ETF (VBTC), set to launch on June 20, 2024. The fund is touted as the most cost-effective Bitcoin exposure in Australia, marking a milestone for crypto adoption in traditional finance.
Binance said it will stop offering futures, options, and leveraged tokens to existing users in Australia, giving them 90 days to reduce and close positions as regulatory scrutiny intensifies worldwide.
Securitize and Computershare have teamed up to launch Issuer-Sponsored Tokens (ISTs), allowing U.S. listed companies to issue equity directly on blockchain. Computershare, serving 25,000+ firms, will act as transfer agent for ISTs, integrating them with existing workflows. Securitize, with $4B+ AUM and SEC registration, aims to expand interoperability.
