Introduction

The stock market closes. The blockchain never sleeps. Neither do the markets built on it.

For the first time in financial history, traders can get exposure to Apple, Tesla, NVIDIA, and other major equities around the clock without a brokerage account, without waiting for market open, and without the friction of traditional finance. Tokenized stocks make this possible, and tokenized stock perps take it even further by adding leverage and capital efficiency to the equation.

If you have been searching for how to trade tokenized stocks outside of traditional market hours, this guide is for you. It walks you through exactly how to trade tokenized stocks on exchanges like Grvt: what they are, how perpetual contracts on tokenized stocks work, why on-chain equity trading is gaining traction, and how to place your first trade step by step.

What Are Tokenized Stocks?

Tokenized stocks are blockchain-based digital representations of traditional equities. Each token tracks the price of an underlying stock. For example, one AAPL token moves in line with Apple's share price, and is settled on-chain using stablecoins like USDT.

Unlike buying shares through a broker, tokenized stocks:

• Trade 24/7, including weekends and outside NYSE or Nasdaq market hours
• Settle on-chain, giving you transparent, verifiable proof of your position
• Require no brokerage account, making them accessible to traders globally
• Can be used as margin collateral on platforms like Grvt, where unified margin lets a single asset serve multiple purposes simultaneously

On-chain stock tokens have reached $2.94 billion in monthly transfer volume at the time of the writing. It is up 85.78% in just 30 days with over 201,000 holders and a total value of nearly $941 million on-chain. The chart tells the story clearly: from near zero in 2023 to a steep, sustained climb through 2025 and into 2026. This is no longer a niche experiment. It is one of the fastest-growing segments in crypto-native finance.

Key distinction: Tokenized stocks give you price exposure to equities, not shareholder voting rights or dividend entitlement. They are derivative instruments designed for trading, not share ownership.

Now that you know what they are, let's get into how to trade tokenized stocks and why perpetual contracts take the experience even further.

What Are Tokenized Stock Perps?

Tokenized stock perps, short for tokenized stock perpetual contracts, are perpetual futures contracts where the underlying asset is a tokenized equity rather than a cryptocurrency.

A perpetual contract is a futures contract with no expiry date. Instead of settling at a fixed date, perps use a funding rate mechanism that periodically aligns the contract price with the spot price of the underlying asset. This means you can hold a position as long as you want, without rolling it over.

Why traders prefer tokenized stock perps over spot tokenized stocks

Tokenized stock perps let you take a leveraged long or short position on equities like Apple or Tesla, meaning you can profit whether prices go up or down, while deploying significantly less capital than you would need to hold the equivalent spot position.

This is why tokenized stock perps are increasingly popular among crypto traders who want equity exposure without leaving the on-chain ecosystem.

Why Trade Tokenized Stocks on Grvt?

Grvt is a decentralized exchange built on ZKSync's Validium layer, combining the speed and liquidity of a centralized exchange with the self-custody and transparency of DeFi.

Here is what makes Grvt the preferred venue for trading tokenized stocks and tokenized stock perps:

Self-custody, always

On Grvt, you control your assets. Your funds are held in a non-custodial smart contract. Grvt never takes custody. This means no counterparty risk from exchange insolvency and full on-chain verifiability of your balance at all times.

Unified Margin: one balance, multiple markets

Grvt's Unified Margin system lets you trade across all perp markets from a single balance while earning up to 11% yield on your collateral at the same time. No idle capital, no fragmented accounts. As Grvt expands its RWA offering, the roadmap points toward a future where tokenized equities, stablecoins, and crypto assets all serve as collateral simultaneously across every market on the platform.

Read more about What Unified Margin Is.

Maker rebates from day one

Most exchanges charge you to trade. Grvt pays you. Users including new accounts with zero prior volume immediately qualify for negative maker fees starting at -0.0001%. As trading volume scales, rebates deepen to -0.003% at Level 9. This is a structural cost advantage that compounds over time.

Read more about Grvt Maker Rebates.

Institutional-grade performance at retail accessibility

Grvt processes 600,000+ trades per second with sub-millisecond latency. Whether you are a retail trader reacting to an earnings release or an algorithmic strategy executing at high frequency, the infrastructure is built to handle it.

Tokenized Stocks Available on Grvt

Grvt currently lists tokenized perps for a wide range of US equities, spanning the highest-conviction names traders want exposure to. The lineup covers the full Magnificent 7 with Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGL), Amazon (AMZN), Meta (META), Nvidia (NVDA), and Tesla (TSLA). Semiconductor exposure runs deep across the value chain, from foundry leader TSMC (TSM) and design houses like AMD, Broadcom (AVGO), Qualcomm (QCOM), Marvell (MRVL), and Intel (INTC), to memory and storage with Micron (MU) and SanDisk (SNDK), and optical networking through Lumentum (LITE).

Traders looking for direct AI infrastructure and enterprise software exposure can access Oracle (ORCL), Palantir (PLTR), and Cisco (CSCO). Crypto-adjacent equities are well represented through Coinbase (COIN), MicroStrategy (MSTR), Robinhood (HOOD), and Circle (CRCL), giving traders a way to express crypto market views through equity exposure. Consumer and services names round out the lineup with Uber (UBER), Disney (DIS), Home Depot (HD), and PayPay (PAYP). For thematic exposure beyond mega-cap tech, traders can also access Alibaba (BABA) for China e-commerce and USA Rare Earth (USAR) for critical minerals exposure. Every market trades with up to 10x leverage and is collateralized in USDT, with margin earning yield from the moment it's deposited.

How to Trade Tokenized Stocks on Grvt: Step by Step

Step 1: Create your Grvt account

Go to grvt.io and sign up. The onboarding process is designed to be fast. Connecting a wallet is all you need. Grvt is available to eligible users in 100+ countries.

Step 2: Deposit funds

Grvt supports deposits in USDT and other supported assets. Navigate to Portfolio → Deposit, select your asset and network, and transfer funds from your wallet. Deposits settle on-chain and appear in your Grvt balance once confirmed.

Step 3: Navigate to the markets

Once funded, open the Trade tab. You will see the full list of available markets, including crypto perps and tokenized equity perps. Use the search bar or filter by asset class to find the stock you want to trade, for example, AAPL-USDT, TSLA-USDT, or NVDA-USDT.

Step 4: Choose your position type and direction

On the trading interface, select:

• Long if you expect the stock price to rise
• Short if you expect it to fall

Then set your leverage (start conservatively — 2x to 5x is a prudent range for most traders) and confirm your margin type (cross or isolated).

Step 5: Set your order parameters and execute

Enter your position size, set an optional limit price or use market order for immediate execution, and optionally set a Take Profit / Stop Loss to automate your risk management. Review the estimated liquidation price before confirming.

Click Buy / Long or Sell / Short to place the trade. Your position will appear in the open positions panel immediately.

Step 6: Monitor and manage your position

Grvt's trading dashboard shows your unrealized PnL, funding payments, and margin health in real time. You can partially close a position, adjust leverage, or add margin at any time. When you are ready to close, navigate to your open positions and click Close.

Key Things to Know Before You Trade Tokenized Stocks

Funding rates

Tokenized stock perps use periodic funding rate payments between long and short holders to keep the contract price anchored to the underlying spot price. When funding is positive, longs pay shorts; when negative, shorts pay longs. Check the current funding rate before entering a position and factor it into your holding cost for longer-duration trades.

Liquidation risk

Leverage amplifies both gains and losses. If the market moves against your position and your margin falls below the maintenance threshold, your position may be liquidated. Always know your liquidation price before entering a trade, and use stop-losses to manage downside.

Market hours and price gaps

One of the advantages of tokenized stock perps is 24/7 trading. However, when traditional stock markets open after a weekend or holiday, prices can gap significantly. Monitor your positions around major market open events, particularly if you are holding over the weekend.

Eligibility

Grvt is available to eligible users globally. Review the terms and confirm your eligibility before depositing.

Conclusion

Tokenized stocks and tokenized stock perps are reshaping how traders access equity markets, removing the constraints of market hours, brokerage gatekeeping, and capital inefficiency that define traditional finance. On Grvt, you get 24/7 access to major equities through a self-custodial, high-performance platform that is designed for both retail and institutional traders.

Whether you are looking to hedge equity exposure, capitalize on earnings volatility, or simply diversify your on-chain portfolio with stocks like Apple and NVIDIA, Grvt gives you the tools to trade with precision and the infrastructure to back it up.

Ready to trade tokenized stocks? Open your Grvt account and access equity markets around the clock.

Related reading:

• How to Trade Tokenized ETFs on Grvt
• How to Trade Tokenized Stocks on Grvt
• How to Trade RWA Perps