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Ondo bridges tokenized US stock assets cross-chain to Hyperliquid's HyperEVM

2026-05-11 13:40

Odaily reports, Ondo Finance has officially disclosed that Ondo now supports bridging its tokenized stocks and ETFs (such as SPYon, NVDAon, TSLAon, etc.) from Ethereum and BNB Chain to Hyperliquid's HyperEVM via the Ondo Bridge. This integration supports 35 tokenized assets, which can be combined with Hyperliquid's perpetual contract markets to execute strategies such as basis trading, funding rate arbitrage, and delta-neutral hedging. The prices of Ondo's tokenized assets are pegged to quotes from traditional markets like NYSE and Nasdaq, aiming to preserve offline market liquidity. Since its launch in September 2025, Ondo Global Markets has accumulated a total TVL of approximately $970 million, with transaction volume reaching nearly $18 billion.