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Solana's tokenized stock trading hits $5.8B in Q2 2026, dominating 95% of DEX volume globally.

Protocol Fundamentals
15 Aug 2026
Crypto Briefing
View Source
Bullish
Solana's tokenized stock trading hits $5.8B in Q2 2026, dominating 95% of DEX volume globally.

In Q2 2026, Solana's decentralized exchanges recorded $5.8 billion in tokenized stock trading volume, a 114% increase from the previous quarter and a new record. This surge is driven mainly by Backed Finance's xStocks, which offers tokenized US equities backed 1:1 by actual shares. Solana captured about 95% to 97% of global tokenized equity DEX volume, with Raydium as the leading trading platform. However, Robinhood Chain, an Ethereum Layer 2, began surpassing Solana in daily tokenized stock volume by late July 2026, signaling growing competition in the space. Tokenized securities offer faster settlement and broader market access compared to traditional stocks.

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