ARK Invest highlights tokenized equities’ rise in DEX volume

Stocks have found a new place to trade, and it never closes. ARK Invest’s Q3 DeFi Quarterly report says tokenized equities grew from roughly 1% to about 9% of decentralized exchange spot volume in a single quarter. The effects also spread beyond the stock tokens themselves. ARK linked the jump to higher stablecoin address activity and stronger application revenue across DeFi. The numbers behind the surge Tokenized equities are blockchain tokens that track the price of traditional shares. Their share of DEX spot volume rose from about 1% to roughly 9% during Q3 2026. A DEX, or decentralized exchange, matches trades through smart contracts instead of a traditional broker or exchange operator. Dollar figures tell a similar story, though the estimates vary depending on the measurement window. Cumulative DEX volumes for tokenized equities have been estimated in a range of $13.7 billion to $20.9 billion. Over recent 90-day periods, cumulative volume came in at approximately $15.9 billion to $16 billion. In the month before the report, trading volumes were placed between $15.75 billion and $20.9 billion. Activity peaked at around $20.9 billion in September and October 2026. The market cap...