PancakeSwap has launched on-chain perpetual futures trading for tokenized US stocks including Apple, Amazon, and Tesla, allowing users to trade these equities with up to 25x leverage directly on the blockchain. This development marks a notable expansion of decentralized finance (DeFi) into real equity markets, enabling wallet-native trading of major US stocks. Concurrently, PreStocksFi has introduced tokenized pre-IPO stock trading on the Solana blockchain, offering access to companies such as OpenAI, Stripe, and SpaceX. Meanwhile, AvantisFi, a decentralized derivatives exchange built on Base, Coinbase’s Ethereum Layer 2 network, is providing leveraged trading across various asset classes including cryptocurrencies, forex, commodities, and real-world assets. AvantisFi utilizes USDC-based liquidity vaults and offers liquidity providers incentives such as daily XP rewards and a 6x boost for locked funds. Solana’s tokenized stock platform xStocks has reached $2 billion in trading volume, raising questions about its future growth amid regulatory challenges and limited access to major investor markets like the US and EU. These developments illustrate the growing integration of traditional financial instruments with DeFi platforms, expanding trading options and leverage capabilities for users across multiple blockchain ecosystems.