Tokenized stocks are seeing more onchain trading and are starting to be used as lending collateral, though both remain a small share of DeFi activity, according to data published July
- Tokenized stocks are experiencing increased on-chain trading volume and are beginning to be utilized as lending collateral within DeFi.
- DEX trading volume for tokenized equities reached $1.8 billion over 90 days, primarily driven by ETF trackers like QQQ and SPY on BNB Chain and Solana.
- Lending collateral usage for tokenized stocks is currently at $23 million, with xStocks, Solana, and Kamino dominating this niche market.
Topics: Asset types, Integration with defi, Scalability, Equity, Rwa collateral lending, Market depth liquidity
Tags: #tokenizedstocks #dexvolume #lendingcollateral #tokenterminal #qqqtoken #spytoken #xstocks #solana #bnbchain #kamino
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