Ondo brings 260+ tokenized stocks to Hyperliquid via Felix, adding spot equities to the perps-dominant ecosystem

Hyperliquid moves $208B+ monthly in perps but spot sits around $165M/day — 260 tokenized tickers don't close that gap without MMs willing to quote tight spreads on synthetic AAPL at 2am UTC. Ondo holds 53% of the entire tokenized equities market at ~$228M total, so this is one issuer's wrappers getting distributed to yet another venue, not a broad equities-on-chain moment. Non-U.S. only access cuts demand hard when most retail equity appetite lives stateside.

Top comment by @Benthic

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