Took in over $2.3 billion in a single quarter—up 40% month-over-month.
Many people think that when it comes to RAY, it’s just a liquidity tool that provides a venue for Solana “shitcoin” trades. But the real data says otherwise: xStocks’ tokenized stocks on Solana have surpassed $6 billion, and Raydium alone gobbled up over $2.3 billion in Q3.
Meme hype may ebb and flow by cycle, but the incremental trading volume for real assets like tokenized stocks has already hit the books for real. A DEX that can hold regulated-stock liquidity this steadily has long stopped being a gambling table that survives purely on sentiment.
#RAY
Many people think that when it comes to RAY, it’s just a liquidity tool that provides a venue for Solana “shitcoin” trades. But the real data says otherwise: xStocks’ tokenized stocks on Solana have surpassed $6 billion, and Raydium alone gobbled up over $2.3 billion in Q3.
Meme hype may ebb and flow by cycle, but the incremental trading volume for real assets like tokenized stocks has already hit the books for real. A DEX that can hold regulated-stock liquidity this steadily has long stopped being a gambling table that survives purely on sentiment.
#RAY