BackedFi Completes First Hyperliquid RWA Auction at 500 HYPE Per Lot
2026-07-17 19:02

Woofun AI reports that BackedFi has concluded the first auction for eight real-world asset positions on Hyperliquid. The initial round included on-chain representations of US stocks and indices, such as the S&P 500 and NVIDIA. Each lot was settled at a price of 500 HYPE, allowing users to directly acquire these assets using the native token.

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Tags:
HYPE
BackedFi
Hyperliquid
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