Silhouette opened RFQ trading for xStocks on Hyperliquid, so institutions don’t have to keep bearing slippage themselves. This move is like adding the final missing piece to on-chain stock trading liquidity depth—directly benchmarking traditional brokerages. Hyperliquid’s ecosystem now also has another strong on-ramp for real assets, and the value anchor is even harder. Retail users can now also tap into institutional-level quote efficiency; if volume can scale up afterward, a valuation re-rating is inevitable. Keep a close eye on this direction.

$HYPER $SIL #链上金融 #RFQ