Can you trade stocks on-chain now? trade.xyz launches tokenized Netflix trading, offering up to 10x leverage

[BitPush] The Hyperliquid ecosystem has new developments. The on-chain perpetual contract platform trade.xyz recently launched a pretty interesting feature—tokenized trading of Netflix stock, with up to 10x leverage.

This means users can now trade tokenized versions of traditional stocks directly on-chain, without needing to open an account with a traditional brokerage. Want to go long or short on Netflix’s price movements? You can do it on a DEX, and the leverage offered is even higher than many centralized platforms.

The tokenized stock sector has always been exploring how to bring traditional financial assets on-chain, combining the advantages of 24/7 trading with DeFi’s liquidity and leverage tools. trade.xyz chose Netflix this time, likely due to the popularity and volatility of the streaming sector.

That said, trading stock derivatives with 10x leverage requires solid risk control. Especially with on-chain trading, you need to pay close attention to liquidation mechanisms and slippage issues.

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MercilessHalalvip
· 12-09 10:04
Half the risk, triple the returns
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HodlAndChillvip
· 12-09 10:03
10x leverage is deadly
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DAOdreamervip
· 12-09 09:59
Dangerous but tempting
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AirdropHunter420vip
· 12-09 09:54
The most exciting way to play is that liquidation happens quickly.
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