Ondo and LayerZero bring tokenized stocks to HyperEVM

Ondo and LayerZero bridged 35 tokenized U.S. stocks and ETFs to HyperEVM, enabling advanced DeFi strategies. Ondo Global Markets now exceeds $1B TVL and holds over 70% market share.

Ondo Finance and LayerZero have expanded access to tokenized U.S. stocks and ETFs by bridging them to Hyperliquid’s HyperEVM through the Ondo Bridge. This integration allows users to transfer 35 tokenized assets—including stocks and ETFs linked to companies and indices like Tesla, Nvidia, and the S&P 500—from Ethereum and BNB Chain to HyperEVM. Traders can now combine spot exposure with perpetual markets, unlocking advanced DeFi strategies such as hedging and arbitrage. Ondo Global Markets has surpassed $1 billion in total value locked (TVL) in under eight months, capturing over 70% market share and processing more than $18 billion in trading volume. Operating across Solana, BNB Chain, and Ethereum, Ondo provides access to over 260 tokenized stocks and ETFs. Melt Finance and Felix Protocol are among the first to support these assets on HyperEVM, further enhancing onchain trading and portfolio management.