Tokenized stocks are carving out distinct roles across blockchains, with $4.85B now onchain.
Breakdown by chain function:
• Robinhood Chain + Base = trading venues (45% and 18% of daily volume)
• Ethereum + BNB Chain = storage hubs (16% and 11% of supply)
• Solana = lending infrastructure (80% of collateral activity)
Trading velocity tells a different story. Base sees 127% daily volume-to-supply ratio, Robinhood Chain 67%, while Solana sits at just 9% despite holding 17% of total supply.
Only 6.6% of stock tokens are deployed in DeFi protocols. Just $75M is posted as loan collateral—mostly on Solana.
The sector remains nascent: $230M daily spot volume versus $8.4B in onchain stock perpetuals (two-thirds on Hyperliquid, which has zero stock tokens).
No single chain dominates. Each is specializing.
Breakdown by chain function:
• Robinhood Chain + Base = trading venues (45% and 18% of daily volume)
• Ethereum + BNB Chain = storage hubs (16% and 11% of supply)
• Solana = lending infrastructure (80% of collateral activity)
Trading velocity tells a different story. Base sees 127% daily volume-to-supply ratio, Robinhood Chain 67%, while Solana sits at just 9% despite holding 17% of total supply.
Only 6.6% of stock tokens are deployed in DeFi protocols. Just $75M is posted as loan collateral—mostly on Solana.
The sector remains nascent: $230M daily spot volume versus $8.4B in onchain stock perpetuals (two-thirds on Hyperliquid, which has zero stock tokens).
No single chain dominates. Each is specializing.