Silhouette Debuts RFQ Trading for xStocks on Hyperliquid
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5 Articles
Key points of the news: Silhouette launched its RFQ system on Hyperliquid's mainnet with support for xStocks, allowing to request competitive quotes from market makers and liquidate the winning operations onchain. xStocks has processed more than $40 billion in volume among more than 200,000 holders, with almost $20 billion already settled directly onchain. ... Read more
ChainCatcher reports that Hyperliquid's blockchain trading layer, Silhouette, launched its Request for Quotation (RFQ) trading system on its mainnet on Tuesday, initially supporting tokenized stocks from the Payward tokenized stock framework xStocks. Silhouette stated that the system allows traders to submit quote requests for any supported xStock and receive competitive quotes from connected market makers. Winning trades can be settled on-chain…
Silhouette activated a RFQ system on Hyperliquid's main network to negotiate xStocks through competitive offers from market creators and onchain settlement.
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