Tokenized Stocks Flood On-Chain Markets with $20.9B in Trading Volume
Tokenized stocks have become a hot commodity in the decentralized finance (DeFi) space, with $20.9 billion in trading volume on decentralized exchanges (DEXs) over the past 30 days.
Uniswap v4 led the way, handling roughly $12.6 billion of that activity and accounting for around 60% of total volume.
The surge in tokenized stock trading is significant because it represents a major shift towards on-chain markets and DeFi infrastructure.
Backpack's plan to bring 10,000 stocks to Solana through a single API could test whether tokenized equities can scale into lending and other applications.