Uniswap Dominates $20.9 Billion Tokenized Stock Trading Surge

Tokenized equities are gaining traction in onchain markets, with decentralized exchanges processing $20.9 billion of tokenized-stock volume over the past 30 days, according to Token Terminal.

Uniswap v4 led the pack with a 40.7% market share, while Uniswap v3 accounted for another 19.4%, together capturing about 60% of total volume, roughly $12.6 billion.

This significant increase in trading activity has sparked attention from investors, with UNI rising 93% over the past month to nearly $9, and AERO gaining 68% in the same span.

Token Terminal predicts that competition will intensify dramatically, potentially by 10 to 100 times, making distribution and product execution increasingly important.