# Backpack Claims 27% Share of Tokenized-Equity DEX Trading By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/41915 Published: 2026-10-27T18:02:21.000Z Updated: 2026-10-27T18:02:21.000Z Section: Investing > The claim covers one day, Oct. 25. Tokenized-equity DEX trading totaled $49.7 billion across networks in the third quarter. Backpack claimed it accounted for 27% of tracked decentralized-exchange trading in tokenized equities on Oct. 25. The figure describes one day of activity in a market that recorded $49.7 billion in tokenized-equity DEX trades across networks during the third quarter. Tokenized equities made up about [9% of all spot decentralized-exchange volume in Q3](), compared with 1% in Q2. The 27% figure is a daily share, while the $49.7 billion figure totals trading over three months. They describe different measurement periods and units. ## Links in this article - [9% of all spot decentralized-exchange volume in Q3](https://www.tokenpost.com/news/investing/37264)