Tokenized Equities Hit $3.8B as DEX Trading Surges

Tokenized equities have reached a market value of $3.8 billion, representing roughly six times the value recorded in early January, according to data from DWF Labs. The growth comes alongside a sharp rise in decentralized exchange trading volume.

Trading Activity and Volumes

According to a report titled The Bright Side: Tokenized Equities shared with CryptoNews, weekly spot trading on decentralized exchanges reached $2.54 billion during the week of Oct. 5, up from $45.8 million in the week of Jan. 5. Despite the growth, the October figure remained below a late-August peak of $7.26 billion, where Robinhood Chain accounted for 74% of the volume.

Weekly token transfers across the same period rose from $420 million to $17.5 billion. Meanwhile, tokenized equities deployed in decentralized finance reached $313 million by Oct. 15, up from $15.5 million at the start of the year.

Issuers and Blockchain Distribution

Ondo Finance retained the largest issuer position with $1 billion, though its market share shifted from 56% to 26%. xStocks placed second with $954 million, followed by Binance’s bStocks at $905 million. Together, the three leading issuers held 75% of the market.

On the infrastructure side, BNB Chain captured 32% of tokenized equity value, up from 9% in January. Ethereum's share fell from 50% to 22%, while Avalanche reached 9%. Separately, the International Monetary Fund reported that tokenized equities exhibited volatility approximately 1.5 times higher than traditional equities.

Key facts

• Tokenized equity market value reached $3.8 billion.
• Weekly decentralized exchange trading volume hit $2.54 billion in early October.
• Ondo Finance led issuers with $1 billion in tokenized equities.
• Tokenized equities deployed in DeFi totaled $313 million by Oct. 15.
• BNB Chain accounted for 32% of tokenized equity value.