Coinbase Tokenized Stocks Post $850 Million in Weekly Base DEX Volume

Coinbase-issued tokenized stocks on Base recorded about $850 million in weekly decentralized exchange (DEX) volume, adding a shorter-window measure of trading in blockchain-based claims on U.S. shares.

Each B20 token represents a one-to-one beneficial claim on a U.S. share held in regulated custody. Coinbase’s tokenized stocks are available to eligible non-U.S. users.

Since the tokens launched, Aerodrome has handled a majority of their trading volume. The figure does not establish Aerodrome’s share of the $850 million recorded over the week.

A separate 30-day measure put Base tokenized-stock DEX volume at about $1.3 billion, including about $1.2 billion for Coinbase-issued products. That longer measurement window differs from the weekly figure, so the totals are not directly comparable. A previous 30-day measure of Base tokenized-stock DEX volume covered that period.