---
title: "Tokenized Stocks See Rising Onchain Trading and Lending Use, Token Terminal Says"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293108889.md"
description: "Tokenized stocks are experiencing rising onchain trading and lending activity, though they remain a small fraction of the broader DeFi market. Data from Token Terminal indicates $1.8 billion in spot DEX trading volume over 90 days, with BNB Chain and Solana leading usage. QQQ and SPY tokens dominated trading volume, while xStocks led in collateral issuance. Despite growth, tokenized stocks' scale is significantly smaller than major platforms like Uniswap."
datetime: "2026-07-19T01:13:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293108889.md)
  - [en](https://longbridge.com/en/news/293108889.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293108889.md)
---

# Tokenized Stocks See Rising Onchain Trading and Lending Use, Token Terminal Says

Tokenized stocks are seeing increased onchain trading activity and use as lending collateral, though they still account for a small share of the broader DeFi market. According to ChainCatcher, Token Terminal data showed that spot DEX trading volume for tokenized stocks reached $1.8 billion over the past 90 days, while lending market deposits totaled about $23 million. Trading activity was concentrated on BNB Chain and Solana, which accounted for 47.3% and 45.5% of the 90-day volume, respectively. By asset, tokens tracking QQQ and SPY made up 40.5% and 40.4% of total trading volume. In collateral usage, xStocks represented 86.5% of issuer share, Solana accounted for 85.5% of onchain share, and Kamino held 82.6% of protocol share. The report also noted that tokenized stocks remain small in scale compared with Uniswap's roughly $45 billion in monthly trading volume and xStocks' about $330 million in TVL.

### Related Stocks

- [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md)
- [QSOL.US](https://longbridge.com/en/quote/QSOL.US.md)
- [SOLZ.US](https://longbridge.com/en/quote/SOLZ.US.md)
- [FSOL.US](https://longbridge.com/en/quote/FSOL.US.md)
- [BSOL.US](https://longbridge.com/en/quote/BSOL.US.md)
- [SPY.US](https://longbridge.com/en/quote/SPY.US.md)
- [TSOL.US](https://longbridge.com/en/quote/TSOL.US.md)
- [GSOL.US](https://longbridge.com/en/quote/GSOL.US.md)

## Related News & Research

- [QUICK SPARK: Bitwise Brings Tokenized Shares to ETFs, Starting With Solana Fund](https://longbridge.com/en/news/295948438.md)
- [Solana Co Q2 net loss widens on higher operating expenses](https://longbridge.com/en/news/295974174.md)
- [Solana: Native DEX trading goes live on XRPL - 16 Aug 2026](https://longbridge.com/en/news/296026261.md)
- [DeFi Development Q2 revenue rises on digital asset treasury growth](https://longbridge.com/en/news/295707152.md)
- [Invesco QQQ $QQQ Shares Sold by Cottage Street Advisors LLC](https://longbridge.com/en/news/295899796.md)