Raydium, Solana’s leading decentralized exchange by TVL, expanded its LaunchLab platform to support new projects against any available token pair, including tokenized equities and other assets. After integrating StonkFun on September 5, 2026, the exchange recorded its highest weekly revenue since mid-2025 as tokenized stocks became a major activity and revenue driver. Raydium’s holders revenue reached $4.43 million over 30 days, including $1.19 million in the latest seven-day period, while total protocol revenue reached $6.94 million. The integration cut token-deployment costs from 0.29 SOL to 0.03 SOL, or nearly 90%, and assets linked to companies including Boeing and Roblox generated meaningful pool activity. Solana DeFi TVL meanwhile rose more than 38% in two months to $6.5 billion after the Drift Protocol hack, although SOL-denominated TVL fell 15.9% as participants shifted liquidity toward volatile onchain trading. Raydium held just over $683 million in TVL, ahead of Meteora and Orca, and about 46% of its trading revenue came from tokenized assets, according to 0xInfra.