DeFi Venues Hold 6.5% of Tokenized Stock Market Capitalization

Decentralized finance venues hold about $252 million in tokenized stocks, representing 6.5% of the market’s capitalization, up from 1.7% earlier this year.

Uniswap has the largest share of those deposits, followed by Kamino and Pendle. The figures measure tokenized stocks held across major DeFi venues.

Tokenized-stock trading on Solana also reached a record above $4.4 billion in September 2026. That activity is separate from the deposit figures and reflects trading on Solana-based decentralized exchanges.

Aave V4 supports borrowing against tokenized stocks in its Base market for eligible users outside the United States. Total DeFi value locked rose 37.9% in the third quarter to $95.42 billion on Sept. 26, although dollar-denominated value can increase when existing assets rise in price.

The developments show continued expansion in tokenized-stock activity across DeFi venues and blockchain networks.