🚨 Tokenized stocks on Solana have hit **$12.4 billion** in DEX volume so far this year, with **Raydium** handling $6.1 billion of that total.
Key Growth Drivers $GTC $BEAMX
· Quarterly Surge: Q2 2026 alone recorded $5.8 billion, a 114% jump from Q1, capturing roughly 95% of global on-chain equity DEX volume.
· Monthly Peak: September hit a record $4.4 billion, driven primarily by Raydium and Orca.
· Product Engine: xStocks by Backed Finance is the main catalyst, representing over 54% of Solana's historical volume with 1:1 backed tokens.
Important Considerations
The ecosystem's efficiency comes with trade-offs: Raydium routes over 90% of flows, and xStocks relies on a centralized custody model, introducing counterparty risk absent from direct stock ownership.
Key Growth Drivers $GTC $BEAMX
· Quarterly Surge: Q2 2026 alone recorded $5.8 billion, a 114% jump from Q1, capturing roughly 95% of global on-chain equity DEX volume.
· Monthly Peak: September hit a record $4.4 billion, driven primarily by Raydium and Orca.
· Product Engine: xStocks by Backed Finance is the main catalyst, representing over 54% of Solana's historical volume with 1:1 backed tokens.
Important Considerations
The ecosystem's efficiency comes with trade-offs: Raydium routes over 90% of flows, and xStocks relies on a centralized custody model, introducing counterparty risk absent from direct stock ownership.
