Uniswap becomes largest tokenized-stock DeFi venue with $82.8 million in new deposits

  • Uniswap attracted $82.8 million in tokenized-stock deposits over the past 30 days.
  • Uniswap V4 received $54.7 million, while V3 received $28.1 million.
  • Uniswap held 73% of stock-token deposits on Robinhood Chain.

Uniswap became the largest venue for tokenized-stock trading in decentralized finance after attracting $82.8 million in deposits over the past 30 days. V4 received $54.7 million and V3 received $28.1 million. As of early September, the two deployments held $59.1 million and $20.9 million in total value locked, respectively, while Solana-based lending protocol Kamino Lend held $41.7 million. Together, the three protocols represented roughly 63% of the $192.6 million tokenized-stock DeFi market. Most of Uniswap's activity came through Robinhood Chain, where it accounted for 73% of stock-token deposits. Robinhood's tokenized equities have generated more than $3 billion in cumulative trading volume. Uniswap V4's hooks, which allow pool creators to add features such as dynamic fees, limit orders and custom oracle integrations, may have contributed to its stronger deposit growth. The figures highlight demand for 24-hour trading, settlement and lending around tokenized equity positions, while positioning Uniswap as the dominant automated market maker for stocks on Robinhood Chain. PANews reported the earlier growth figures on Sept. 20, citing Cointelegraph.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.