Silhouette has launched request-for-quote block trading on Hyperliquid mainnet, letting market makers compete for tokenized xStocks with no order book.
- Silhouette has launched an RFQ block trading system on Hyperliquid for tokenized equities (xStocks), allowing market makers to compete for trades without requiring individual order books.
- This system aims to solve the liquidity challenge for newly tokenized assets, enabling them to gain traction before potentially graduating to dedicated order book markets.
- The xStocks market, backed by Payward, has seen significant volume, and this new trading mechanism is expected to further expand the secondary market liquidity for tokenized stocks.
Topics: Asset types, Infrastructure providers, Scalability, Alternative assets, Tokenization platforms, Market depth liquidity
Tags: #silhouette #hyperliquid #xstocks #tokenizedequities #requestforquote #blocktrading #marketmakers #liquidity #payward #onchainsettlement
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