Hyperliquid’s Institutional Turn: RFQ, Tokenised…
Hyperliquid is adding a piece of market structure more commonly associated with institutional trading desks than decentralised exchanges: request-for-quote execution for tokenised equities . Silhouette launched its RFQ system on Hyperliquid mainnet on September 1 with support for xStocks, allowing traders to request prices from multiple onboarded market makers and settle the winning quote onchain.
Hyperliquid is adding a piece of market structure more commonly associated with institutional trading desks than decentralised exchanges: request-for-quote execution for tokenised equities . Silhouette launched its RFQ system on Hyperliquid mainnet on September 1 with support for xStocks, allowing traders to request prices from multiple onboarded market makers and settle the winning quote onchain.
Source: FinanceFeeds