Tokenized stocks on Solana hit $12.4 billion in DEX volume this year

Tokenized stocks on Solana have racked up $12.4 billion in decentralized exchange trading volume so far this year. Raydium accounts for the biggest share, at $6.1 billion. The numbers behind the surge In Q2 2026, Solana recorded $5.8 billion in tokenized equity DEX volume, a 114% jump from the prior quarter. That same quarter, Solana captured approximately 95% of global on-chain equity DEX trading. September 2026 alone produced $4.4 billion in tokenized stock DEX volume on Solana, with Raydium and Orca handling the flow. Raydium has become the default venue for this activity. In recent snapshots, it routed over 90% of Solana’s tokenized stock DEX flows, and its cumulative volume in the category passed $5 billion by mid-September. Through mid-September, Raydium processed about $2.3 billion in tokenized stock volume during Q3 2026. That works out to a 40% increase over the previous quarter. Across all blockchain networks, tokenized stocks generated $48.7 billion in volume over the preceding 12 months, and Solana’s share often tops 95% during peak trading windows. Tokenized equities have also claimed over 4% of total DEX spot volume in 2026. How xStocks built the on-ramp Much of this ...