Tokenized stocks generate $16B in DEX trading volume over 90 days

Tokenized stocks, the on-chain wrappers that let you trade Tesla or QQQ on a decentralized exchange the same way you’d swap stablecoins, just clocked $15.9 billion in DEX trading volume over the past 90 days. The numbers behind the surge Tokenized equities’ share of total DEX spot volume has climbed from roughly 0.1% at the close of 2025 to over 4% in 2026. On June 24, 2026, daily trading volume hit a single-day record of $565 million. Solana handled $553.3 million of that, capturing 97.8% of the day’s activity. Solana recorded roughly $5.8 billion in tokenized equity DEX volume during Q2 2026, a 114% increase quarter-over-quarter. BNB Chain wasn’t far behind, with its bStocks contributing around $5.6 billion. Robinhood Chain also emerged as a venue, though Solana and BNB Chain remain the dominant pair. Q3 2026 alone generated $7.8 billion in volumes. Uniswap (spanning its v3 and v4 deployments) and PancakeSwap v3 accounted for about $5.2 billion of that total. Over the past twelve months through late August 2026, tokenized stocks generated $13.7 billion in DEX volume, a roughly 30,000% increase from the prior year. QQQB, a tokenized version of the Nasdaq-100 ETF, led the charge wi...