Uniswap V4 Dominates Tokenized Stock Deposits in DeFi
Tokenized stocks have found a home in decentralized finance (DeFi), and Uniswap V4 is leading the charge. According to Token Terminal, Uniswap V4 held $59.1 million in tokenized stock deposits as of September 6, making it the largest DeFi venue for this category.
This figure represents a significant portion of the total value locked (TVL) in tokenized stocks, which stood at approximately $192.6 million. Uniswap V3 followed closely with $20.9 million, while Kamino Lend held another $41.7 million. Together, these three platforms controlled around 63% of the category's reported TVL.
Solana hosted the largest blockchain total for tokenized stock deposits, with $79.1 million. Robinhood-issued stocks contributed $73.1 million, while xStocks supplied $63.9 million across DeFi venues combined.