xStocks surpasses $6 billion in Solana trading volume

  • xStocks surpassed $6 billion in Solana trading volume on September 18.
  • 54% of Solana’s historical tokenized stock volume came from xStocks.
  • Raydium processed approximately $2.3 billion in tokenized stock volume during Q3 2026.

xStocks has surpassed $6 billion in total trading volume on Solana, according to the platform, which said it represents 54% of all tokenized stock trading volume in Solana’s history. The milestone was recorded on September 18 as Token Terminal data showed Raydium had processed approximately $2.3 billion in tokenized stock DEX volume during Q3 2026, up roughly 40% from the previous quarter. The figure covers activity through September 18, with about two weeks remaining in the quarter. Issued by Backed Finance, xStocks offers 811 stocks and ETFs for round-the-clock trading across more than 110 countries. The $6 billion figure covers onchain DEX volume on Solana, primarily through Raydium. Independent data published on September 18 by @capitalmarkets put Solana’s share of all xStocks value at 67%, with the remainder spread across other chains. Four days earlier, Kraken launched yield vaults for SPYx, QQQx and NVDAx through Kamino Finance on Solana, offering up to 2% APY on deposits and extending xStocks into structured DeFi yield products. Raydium’s five largest named xStocks assets—SPYx, CRCLx, TSLAx, NVDAx and QQQx—account for 64.5% of its all-time tokenized stock DEX volume. Raydium’s Q3 total is set to rise before the quarter ends on September 30, according to the reported timeline.

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