Hyperliquid-Powered Stock and Commodity Leveraged Tokens Are Live on Toros


Toros is expanding beyond crypto markets with new 2x and 3x Bull tokens using Hyperliquid markets, starting with NVDA, Nasdaq 100, S&P 500, Gold, and Silver.
Toros has long focused on simple access to leveraged crypto exposure. With Hyperliquid and HyperEVM, that same tokenized format can now be used across a much wider set of markets.
This is the next step for Toros leveraged tokens.
A broader market set for Toros
Most leveraged token products in DeFi have focused on crypto assets like BTC and ETH.
That made sense as the first category. Crypto markets are liquid, active, and already onchain native.
But traders do not only care about crypto.
NVDA, Nasdaq 100, S&P 500, Gold, and Silver are some of the most watched markets in the world. They move every day, attract strong trader attention, and give users more to trade beyond crypto.
Toros is now bringing those markets into a familiar leveraged token format.
Starting product suite
The first Hyperliquid market suite includes:
- NVDA Bull 2X & 3X
- Nasdaq 100 Bull 2X & 3X
- S&P 500 Bull 2X & 3X
- Gold Bull 2X & 3X
- Silver Bull 2X & 3X

Each token packages leveraged long exposure into a simple onchain token, with automated rebalancing and liquidation protection handled inside the product.
Liquidation protection does not remove the risk of losses. It means the product is designed to manage the underlying leveraged position without users manually managing liquidation levels themselves.
Built with Hyperliquid and HyperEVM
Hyperliquid provides the underlying markets.
HyperEVM provides the onchain environment where users can mint, hold, and manage Toros leveraged token positions directly from their wallet.
Together, they allow Toros to expand beyond the usual crypto market set while keeping the product experience simple.
What users need before using HyperEVM
To use Toros products on HyperEVM, users will need HYPE in their wallet for gas.
Before minting or interacting with any Toros vault on HyperEVM, make sure your wallet has enough HYPE to cover network fees.
Why leveraged tokens?
Leveraged tokens package a leveraged position into a token.
Instead of managing a perp position directly, users can hold a token that targets leveraged long exposure while the product handles the underlying position logic, rebalancing, and liquidation protection.
That makes it easier to access leveraged exposure and track the position, without managing the perp trade directly.
Leveraged tokens are still high risk. They are not the same as holding the base asset. In choppy markets, rebalancing and volatility decay can affect returns over time.
These products are designed for active users who understand leverage, market risk, and product behaviour.
Trade the new HyperEVM suite
The first suite is focused on major markets with clear trader demand.
More assets can be added over time based on user demand, liquidity, and product fit.
Crypto was the start.
Toros leveraged tokens are now moving into a much bigger market set.