Over the past 30 days, Uniswap’s total TVL along the tokenized stocks track (V4 and V3 combined) increased by $82.8 million, placing it at the top among the sub-sectors.

These types of inflows suggest that the market is indeed channeling liquidity into tradable stock token pools. For the RWA narrative, this isn’t just a concept anymore—at least there’s now a clearer view of market-making and trading demand.

But observation shouldn’t only focus on “how much has been deposited”; you also need to see whether it can actually be traded. If trading volume can’t keep up with TVL, the hype can easily shift from positive expectations back to a consolidation phase where gains are digested. Are you more focused on UNI picking up the baton using the theme, or do you care more about whether the trading volume in the relevant pools expands in tandem?

Source: BlockBeats

Figure 1: Uniswap tokenized stock TVL increased by $82.8M month-over-month · Partial screenshot of the source page
Image source: https://www.theblockbeats.info/flash/368054