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Solana Leads Tokenized-Equity DEX Trading With $977 Million

Solana Leads Tokenized-Equity DEX Trading With $977 Million

Photo: TokenPost

Solana recorded $977 million in weekly tokenized-equity decentralized exchange (DEX) volume, leading blockchain rankings for a second straight week after placing third in Q3. The weekly figure totals trade value over that period. It does not represent the market value of tokenized shares outstanding. Tokenized equities are blockchain-based instruments tied to traditional stocks, while DEXs process trades through blockchain protocols. Solana ranked behind BNB Chain and Robinhood Chain in Q3 tokenized-equity DEX trading. Across networks, tokenized equities accounted for about 9% of the quarter's $571 billion in spot DEX volume.

Source: TokenPost

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