Uniswap leads tokenized stock DeFi TVL growth, adds $83M in 30 days

Uniswap just quietly became the biggest venue for tokenized stock trading in DeFi, pulling in $82.8 million in new deposits over the past 30 days. The deposits split across Uniswap’s two active versions: $54.7 million flowed into V4 and $28.1 million into V3. Combined, the protocol now accounts for a commanding share of a tokenized stock DeFi market that has reached $192.6 million in total value locked. The Robinhood Chain factor Most of this activity traces back to Robinhood Chain, where tokenized versions of traditional equities have found a surprisingly active trading audience. Uniswap has captured 73% of all stock token deposits on the chain, making it the de facto automated market maker for anyone looking to trade tokenized equities onchain. Robinhood’s stock tokens have generated cumulative trading volumes north of $3 billion. Robinhood, the app that famously brought commission-free stock trading to millions of retail investors, now has its own blockchain. And the dominant trading venue on that chain isn’t a Robinhood-built exchange — it’s Uniswap, an open-source protocol governed by token holders. Breaking down the TVL leaderboard As of early September, Uniswap V4 led the to...