Uniswap V4 Leaps to Top in Tokenized Stock Deposits

Uniswap V4 has taken the lead in tokenized stock deposits within decentralized finance (DeFi), according to Token Terminal, which reported $59.1 million locked on September 6, 2026.

This figure makes up about 63% of the total DeFi tokenized stock value locked (TVL) of $192.6 million, with Kamino Lend and Uniswap V3 taking second and third place respectively with $41.7 million and $20.9 million in deposits.

The dominance of these three platforms is reflected in the fact that they control nearly two-thirds of the DeFi tokenized stock market, although this only represents a fraction of the broader $2.2 billion tokenized equity market.