Six stock exchanges open and close in turn as the sun moves. Tokenized perpetuals on the same names keep a price at every hour. This page shows which floor is live, where the trading is, and what the rails did while the floors slept.
One UTC day. Lit bars are regular trading hours; the gold line is now.
Reading your clock.
Each instance with its busiest rail over seven days. Shading marks when that name's home floor was open.
Reading the board.
Tile size is 24h volume. Colour and arrow show the 24h move. Select a tile to trade it.
No rails priced on our board right now.
How each name moved with its home floor open and shut.
The seven-day split is not available right now. The board above is still live.
| Venue | Form | Backing | Notable listings | Hours | Confidence | Source |
|---|---|---|---|---|---|---|
| Hyperliquid — trade.xyz (HIP-3 dex 'xyz') | perp | Native HIP-3 builder-deployed synthetic perp market (HYPE-staked deployer; no share backing) | SMSN, SKHX, HYUNDAI, NVDA, TSM, AAPL +4 more | 24/7 | ✓ verified | source 1source 2source 3 |
| Hyperliquid — 'para' HIP-3 dex | perp | Native HIP-3 builder-deployed synthetic perp market | AVGO, COHR, LRCX | 24/7 | ✓ verified | source |
| Hyperliquid — Ventuals (HIP-3) | perp (pre-IPO / private-company valuations) | Native HIP-3 synthetic perps on private company valuations (vHYPE deposit vault to meet HYPE stake requirement) | — | 24/7 | reported | source |
| Aster | perp | Synthetic USDT-settled stock perps; index price from multiple providers incl. Pyth oracle | AAPL, AMZN, GOOG, META, MSFT, NVDA +1 more | 24/7 (EWMA-smoothed pricing mode overnight/weekends/holidays) | ✓ verified | source 1source 2 |
| Ostium (Arbitrum) | perp | Synthetic RWA perps; equity perps powered by Nasdaq market data (first onchain venue, May 2026) | — | 24/7 platform; single-stock perp session behavior not confirmed from official docs | ✓ verified | source 1source 2 |
| Helix (Injective) | perp (pre-IPO + iAssets equities) | Synthetic iAssets / pre-IPO perpetual framework on Injective orderbook | OPENAI (pre-IPO), SPACEX (pre-IPO), ANTHROPIC (pre-IPO), NVDA-H100 (GPU rental rate perp) | 24/7/365 (iAssets keep trading even when mark price is not updating) | ✓ verified | source 1source 2source 3 |
| BV | spot (tokenized) | xStocks issued by Backed Assets (JE) Limited — 1:1 backed, bankruptcy-remote custodian; Backed acquired by Kraken group Dec 2025. Offered via Payward Digital Solutions Ltd (Bermuda-licensed) | 100 U.S. stocks & ETFs (targeting 500+ by end-2026) | 24/7 (xStocks standard; tokens also live onchain on Solana) | ✓ verified | source 1source 2 |
| QK | spot (tokenized) + separate CFD/perp routes | Backed xStocks (1:1 backed tokenized assets, not derivatives), USDT-settled | AAPLx, TSLAx, GOOGLx, and other Magnificent-7 xStocks | 24/7 | ✓ verified | source 1source 2 |
| VQ | spot + futures (tokenized) | xStocks (Backed) section, plus own gStocks section for tokenized securities incl. private names | COINX, NVDAX, CRCLX, AAPLX, METAX, HOODX +4 more | 24/7 | ✓ verified | source 1source 2 |
| VK | spot (tokenized) | Ondo-issued tokenized stocks (1:1 backed via Ondo Global Markets), USDT pairs | SK Hynix (Ondo, added 2026-07-13), Bloom Energy, Astera Labs, Credo Technology, Celestica, Innodata +1 more | 24/7 | ✓ verified | source 1source 2 |
| Crypto.com | spot (tokenized) | Fully backed by actual shares held in regulated U.S. custodial accounts (per company statements) | Fractional U.S. equities from $1 (specific tickers not sourced) | 24/7 incl. weekends | reported | source 1source 2 |
| Ondo Global Markets / 'Ondo Stocks' (issuer + onchain) | spot (tokenized, issuer platform) | 1:1 backed by U.S. stocks/ETFs held at U.S.-registered broker-dealers; independent Security Agent holds first-priority security interest | 430+ stocks & ETFs incl. AAPLon, IonQ, Global X Robotics & AI ETF, BlackRock active ETFs | Transfers 24/7/365; mint/redeem aligned to market hours (24/5) | ✓ verified | source 1source 2 |
| Robinhood (EU app + Robinhood Chain) | spot (tokenized, own-issue) | New-gen Stock Tokens = debt securities (no shareholder rights), issued under MiFID II by Robinhood Europe UAB (Lithuania; MiFID II + MiCA licensed), underlying custodied at U.S. broker-dealer. Classic Stock Tokens (2,000+ names) structured as derivatives | 200+ tokenized U.S. stocks & ETFs (new-gen), 2,000+ classic stock tokens | 24/7-oriented via Robinhood Chain (Arbitrum Orbit L2); app trading originally 24/5 | ✓ verified | source 1source 2 |
| Gemini (EU) | spot (tokenized) | Dinari dShares — unleveraged OTC derivative products backed 1:1 by real shares in custody; issued by Dinari Inc (U.S. SEC-registered transfer agent). Distributed by Gemini EU (Malta MFSA-regulated) | MSTR (first listing), AVGO, BLK, 100+ stocks total, new adds weekly | Around the clock | ✓ verified | source 1source 2 |
| Dinari Financial Network (issuer/network layer) | spot (tokenized, issuer infrastructure) | dShares backed 1:1 by underlying U.S. equity with same economic rights where permitted; regulated custodian; SEC-registered transfer agent | 200+ tokenized U.S. equities | 24/7 trading from Q1 2026 (Flow Traders partnership) | ✓ verified | source |
| Coinbase (planned) | spot (tokenized) — NOT YET LIVE | Planned 1:1-backed tokenized U.S. stocks with genuine equity ownership, on-chain dividends and full shareholder rights; options on crypto and equities also planned | — | TBD (currently live product is traditional 24/5 U.S. stock trading via Apex Fintech, zero commission — not tokenized) | reported | source 1source 2source 3 |
| 360X (Deutsche Börse-backed, EU-regulated) | spot (tokenized) | Backed xStocks traded on EU-regulated venue | — | Not sourced | reported | source |
Survey 2026-07-22 · static. Venues checked but unverifiable are excluded. Rows marked reported rest on secondary coverage only.
Availability of these products varies by jurisdiction. It is your responsibility to confirm that a product is permitted in your country of residence before using it. This page is not investment advice and not legal advice. NightWatch prices these markets for information only and does not solicit or facilitate trades in any restricted jurisdiction.
| Venue | Restricted (per public ToS) | Source |
|---|---|---|
| Hyperliquid | US persons (perps); front-end geo-blocks restricted jurisdictions. Non-custodial DEX; the protocol is on-chain, the front-end enforces the geo-block. | hyperliquid.gitbook.io — Terms |
| VQ | US persons; certain products limited by region. xStocks / pre-IPO perps availability varies by residency. | venue user agreement |
| GN | US persons; other jurisdictions per local terms. Operates a separate US entity; equity-linked products not offered everywhere. | venue terms of use |
| DL | US persons; other restricted jurisdictions per terms. Dated equity futures / stock perps availability varies by residency. | venue terms of service |
| QK | US persons; UK promotions restricted; other jurisdictions per terms. Stock / pre-IPO perps availability varies by residency. | venue terms of service |
| YZ | US persons; other restricted jurisdictions per terms. Derivatives availability varies by residency. | venue terms of use |
| WV | US persons; Ontario (Canada); other jurisdictions per terms. Stock / pre-IPO perps availability varies by residency. | venue terms of service |
| VK | US persons; Canada / UK limited; other jurisdictions per terms. Index / pre-IPO perps availability varies by residency. | venue user agreement |