COINOTAG News reports on December 9 that Hyperliquid’s layer-one perp DEX trade.xyz has listed tokenized stocks tied to Netflix (NFLX), offering up to 10x leverage for eligible traders. This listing broadens access to publicly traded equities within a crypto trading venue, supported by smart contracts for settlement and risk controls.

Market participants should note that tokenized NFLX exposure on trade.xyz enables on-chain price discovery and liquidity provision without traditional custodians, while potential funding costs and regulatory considerations remain central to risk management. The integration reflects ongoing convergence of traditional assets and DeFi, underscoring the importance of robust risk disclosures and compliance frameworks for sustained investor confidence.