Trade tokenized stocks, ETFs, & crypto assets to earn from a pool of 100,000 Hotstuff points: app.hotstuff.trade/join/SPOT
“Just another perp DEX” has been the usual remark to dismiss new platforms seeking to fix gaps in the onchain economy. Not anymore. Today, we are introducing Hotstuff Invest - 24/7 spot markets for tokenized equities, ETFs, and crypto assets on Hotstuff, powered by xStocks.
The launch is another step towards making Hotstuff home for all of onchain finance and unlocking access to the $147 trillion global equity market.
Why Spot Equities?
When we launched Hotstuff L1 as the house of all onchain finance just three months ago (February 6, 2026), one of the biggest ideas behind it was simple:
What if the next crypto bull run isn’t driven only by memecoins or DeFi tokens, but by real-world equities flowing onchain?
That thought is now turning into reality. Thanks to the rapid emergence of tokenized equities and ETFs, institutions have started moving in, and tokenized assets have picked up serious pace even as altcoin activity cooled off.
The 99% Opportunity
We saw a rising demand for tokenized equities, but we also saw a massive gap.
Right now, fewer than 1% of onchain traders actively interact with tokenized equities. This has restricted the tokenized equities market cap to under $1B. The reasons?
Fragmented access — scattered platforms, complicated onboarding, and limited availability
Fragmented liquidity — thin order books and unreliable trading
Inefficient pricing — wide spreads and poor synchronization with traditional markets
These barriers have kept the world’s largest asset class almost entirely out of reach for crypto natives.
Not anymore!
Enter Hotstuff Spot Markets
Starting today, every Hotstuff user can buy, hold, sell, and transfer tokenized spot equities 24/7, with the speed, transparency, and self-custody that crypto users expect.
Powered by our DracoBFT consensus and the xStocks integration, Hotstuff combines the best of both worlds: the speed and openness of crypto with the depth and reliability of traditional equities markets. No middlemen. No traditional market hour restrictions. No hidden fees.
Key highlights of the launch:
1:1 asset backing: Every tokenized stock and ETF is fully backed by real shares held at regulated custodians via Alpaca’s Instant Tokenisation Network and is redeemable for equivalent cash value.
True 24/7 trading: Markets never close.
Hybrid RFQ liquidity: Tight spreads across asset classes by combining deep off-chain liquidity with native order books (starting with Bebop as our first RFQ partner).
Instant listings: Stocks become tradable the moment they are tokenized.
We’re starting with 100+ US stocks and ETFs, with Korean, Chinese, and additional global equity markets rolling out in phases.
Built on Real Momentum
Since mainnet, Hotstuff has already crossed $1 billion in total trading volume across crypto and RWA perpetual pairs in just 90 days - making us one of the top 25 DeFi platforms globally and a top 10 platform for RWA futures trading. More than 3,000 active traders are on the platform around the clock.
During our recent RWA Trading Competition, RWA volume even surpassed crypto volume by nearly 3x - a clear signal that both institutions and retail are hungry for on-chain real-world assets.
The new home of onchain finance is here. Take your first spot trade on Hotstuff and earn a 2x points boost until May 31: app.hotstuff.trade/join/SPOT