Mastercard Tokenized Stock (MAX) Debuts on Hyperliquid Spot

Mastercard tokenized stock (xStock) (MAX) has been listed on Hyperliquid spot, offering traders a new way to gain exposure to Mastercard's equity through a tokenized asset. Built on the Solana platform, MAX is part of the growing xStocks ecosystem, which bridges traditional finance with decentralized markets.

What Happened

Hyperliquid added MAX to its spot market on June 13, 2026, with an initial price of approximately $0.05187. The token is now tradable on the exchange under the MAX/USDC pair. This listing follows a broader trend of tokenized stocks entering decentralized exchanges, allowing users to trade real-world equities without traditional intermediaries.

MAX is not limited to Hyperliquid; it operates across multiple blockchains, including Solana, Ethereum, Arbitrum, BNB Chain, and Toncoin. The token's smart contract address on Solana is XsApJFV9MAktqnAc6jqzsHVujxkGm9xcSUffaBoYLKC. Its price is designed to reflect Mastercard's stock performance, with a current supply of 121,923.96 tokens and an infinite supply mechanism.

Token Snapshot

• Symbol: MAX
• Name: Mastercard tokenized stock (xStock)
• Platform: Solana (also available on Ethereum, Arbitrum, BNB Chain, Toncoin)
• Current Supply: 121,923.96 MAX
• Infinite Supply: Yes
• Tags: DeFi, Tokenized Stock, Solana Ecosystem, Arbitrum Ecosystem, BNB Chain Ecosystem, Toncoin Ecosystem, Internet Capital Markets, Tokenized Assets, xStocks Ecosystem
• Official Website: Backed Finance - Mastercard xStock
• Twitter: @xStocksFi
• Telegram: xStocks Community

Risk Notes

Tokenized stocks carry unique risks, including reliance on the underlying asset's price, regulatory uncertainty, and potential delisting from exchanges. Always conduct your own research before trading.

MAX has faced delisting on other platforms, such as OKX, which removed MAX/USDT in April 2025. Additionally, the token's 24-hour trading volume on Hyperliquid is relatively low at $23.49, indicating limited liquidity. The broader MAX market on Raydium shows a 24-hour volume of $108.73, down 71.30% from the previous day. These factors suggest caution for traders.

Where to Trade

MAX is currently tradable on Hyperliquid spot via the MAX/USDC pair. For automated trading strategies, you can use our bot: Trade with our bot.