Tokenized-Stock DEX Volume Rises $3.2 Billion as Activity Shifts to Solana, Base

Tokenized-stock decentralized exchange (DEX) trading volume rose about $3.2 billion over 30 days as activity increased on Solana and Base and declined on BNB Chain and Robinhood Chain.

Solana accounted for a $2.2 billion increase, while Base gained $1.3 billion. BNB Chain recorded a $2.3 billion decline, and Robinhood Chain fell by $2 billion.

Stablecoin DEX trading volume tied to real-world assets rose by $12.2 billion, including a $5.5 billion increase on Uniswap. Stablecoin decentralized-finance total value locked increased by $2.2 billion, with Morpho accounting for $1.5 billion of the gain.

Tokenized funds remained a smaller segment. DEX trading volume for tokenized funds increased by about $60 million, while tokenized-fund DeFi total value locked rose by $105 million.

Robinhood Chain launched its public mainnet July 1, 2026. The Ethereum layer-2 network uses Arbitrum technology and supports Stock Tokens, which are unavailable in the United States and to U.S. persons.

Solana has also recorded higher DEX trading volume than every layer-1 and layer-2 chain for five consecutive weeks.