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rizimaher

08/11 23:44

Uniswap Captures 99% of Tokenized Stock Liquidity

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Uniswap Captures 99% of Tokenized Stock Liquidity on Robinhood Chain as RWA Market Reaches $70MRobinhood didn't spend years building a blockchain only to become another home for memecoins. Less than a month after launch, its tokenized stock market is beginning to look exactly as intended, and Uniswap is sitting at the center of almost every trade. According to onchain data, Uniswap now powers virtually the entire decentralized market for Robinhood's tokenized equities. Version 4 alone accounts for roughly 73% of tokenized stock liquidity on Robinhood Chain, while Uniswap V3 holds another 26%, giving the protocol a combined market share of about 99% of all DEX liquidity supporting the new asset class. The growth has been equally rapid. Data from DefiLlama shows Robinhood Chain's tokenized real-world assets have climbed to roughly $70 million, increasing about fivefold in less than two weeks, while total value locked across the network has expanded to more than $300 million. Tokenized Stocks Are Starting to Trade at Scale Robinhood Crypto launched Robinhood Chain on July 1 as an Ethereum-compatible Layer-2 built specifically for tokenized real-world assets. Its flagship product is Stock Tokens, ERC-20 assets designed to mirror the economic performance of publicly traded US companies and ETFs. Holders gain price exposure to companies such as Apple, Nvidia and Tesla without owning the underlying shares or receiving shareholder rights. More than 90 tokenized stocks and ETFs were available at launch, giving international users around-the-clock access to assets traditionally confined to stock market trading hours. Trading activity has accelerated quickly. According to CoinDesk, 12 tokenized equities now generate more than $500,000 in daily trading volume, while five have already surpassed $1 million per day. GameStop leads the market at roughly $26.6 million in daily volume, followed by Nvidia at $14 million and SpaceX at $6.4 million.
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