# Onchain Crypto Spot Trading Reached $6.8 Trillion in Q3 2026 By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/39184 Published: 2026-10-23T18:08:19.000Z Updated: 2026-10-23T18:08:19.000Z Section: Investing > Onchain venues accounted for about 25% of crypto spot trading. Tokenized stock and ETF volume was nearly 18 times January’s level. Decentralized exchanges recorded $6.8 trillion in spot volume in the third quarter of 2026, while onchain venues handled about one-quarter of crypto spot trading, highlighting activity across several distinct products. Tokenized stocks and exchange-traded funds (ETFs) posted more than $37 billion in onchain volume for the quarter, with monthly volume nearly 18 times January’s. [Hyperliquid’s perpetual contracts tied to stocks, ETFs and stock indexes]() recorded $201 billion in third-quarter volume. Those totals cover different activity: tokenized stock and ETF trades, equity-linked perpetual contracts and cryptocurrency spot trades. ## Links in this article - [Hyperliquid’s perpetual contracts tied to stocks, ETFs and stock indexes](https://www.tokenpost.com/news/investing/39135)