PANews
PANews|Jul 29, 2026 01:48
[Robinhood Chain Tokenized Stock Average Daily DEX Trading Volume Surpasses Solana Over the Past Week] According to The Defiant, Robinhood Chain has been live for three weeks, and its tokenized stock average daily DEX trading volume reached $29.7 million over the past week, surpassing the combined volume of xStocks ($11.1 million) and Backpack's Sunrise ($13.4 million) on Solana. Tokenized NVIDIA led the way with $13.9 million, followed by SpaceX, Apple, and GameStop at $6.2 million, $4.5 million, and $2.2 million, respectively. The growth is attributed to platforms like Bankr and long.xyz, which allow users to issue Meme tokens backed by tokenized stock liquidity. The liquidity pools for Meme tokens include tokenized stocks as collateral, and Meme token trading indirectly drives the trading volume of stock tokens.
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