DeFi Tokenized Stocks Surge to $247.8M Amid Growing Demand

Tokenized stocks have seen an incredible surge in decentralized finance (DeFi) venues over the past year, with total value locked (TVL) increasing by a staggering 1,960.8% to reach $247.8 million.

This trend is highlighted by Token Terminal's analysis of on-chain data, which underscores growing demand for tokenized equities in DeFi.

Uniswap v4 has captured the largest share of this TVL at $65.4 million, followed closely by Uniswap v3 and Kamino Lend with $41.8 million and $43.1 million respectively.