Overview
- Uniswap reported a $325.2 million weekly increase in tokenized‑stock trading, with v4 responsible for $170 million and v3 for $155.2 million, data aggregators show.
- Robinhood Chain set a new daily DEX volume high between $920 million and $944 million on August 25 and the company said the chain has now cleared $25 billion in cumulative DEX volume and $1.5 billion in Stock Token trades.
- On Robinhood Chain Uniswap supplies almost all tokenized‑stock liquidity, controlling about 99 percent of pools with roughly 73 percent on v4 and 26 percent on v3.
- Analysts warn that on‑chain turnover can be inflated by memecoin activity, repeated swaps, bridge and custody transfers, and mint/redemption flows so reported volume may not equal fresh secondary‑market trading.
- Robinhood’s Stock Tokens are issued as debt securities by Robinhood Assets (Jersey) Limited, give economic exposure without shareholder rights, exclude U.S. persons, and will need deeper dedicated liquidity and diversified custody to become low‑slippage, durable markets.