PANews September 23 According to news, Token Terminal data show that tokenized stocks issued by Robinhood and Coinbase recently 30 days' spot DEX trading volume totaled 11400000000 USD, of which Robinhood Chain contributed 10400000000 USD. Uniswap accounts for more than 99%of tokenized-stock DeFi deposits on the chain, with deposits increasing by nearly 30 over the past days 532.8%; the number of tokenized-stock holders increased 159.7%. Among them, Nvidia tokenized stock cumulative trading volume reached 2100000000 USD。
The following is analysis, separate from reported facts. Verify important claims independently.
Spot DEX Trading volume refers to the volume of spot trading on decentralized exchanges; the article states that Robinhood Chain the trading volume of the relevant stock tokens accounts for most of the combined trading volume of the two issuers.
Why it matters to readers
The data shows that stock token trading and deposit volumes on the chain are relatively high, and that the number of holders has grown significantly.
This indicates that stock tokens can be traded on decentralized exchanges, but the article does not explain their specific mechanisms or risks.
Risks and unknowns
The methodology and coverage scope of Token Terminal data are not specified.
The issuance, redemption, and asset-backing mechanisms for “stock tokens” are not specified.
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Spot DEX Trading volume
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