Tokenized-Stock DEX Volume Rises $3.2 Billion as Activity Shifts to Solana, Base

The decentralized exchange landscape for real-world assets experienced significant capital shifts over a 30-day period, characterized by a $3.2 billion increase in tokenized-stock trading volume. Solana and Base emerged as primary beneficiaries, capturing $2.2 billion and $1.3 billion in growth respectively, while BNB Chain and Robinhood Chain saw a combined decline of $4.3 billion. Stablecoin-linked RWA activity also surged, with DEX trading volume rising by $12.2 billion, bolstered significantly by a $5.5 billion increase on Uniswap. Total value locked in stablecoin DeFi grew by $2.2 billion, with Morpho contributing $1.5 billion to this expansion. Conversely, the tokenized fund sector remained a niche segment, recording modest growth of $60 million in trading volume and $105 million in total value locked. The launch of the Robinhood Chain mainnet on July 1, 2026, introduced new infrastructure supporting stock tokens, though these remain restricted for U.S. persons. These trends highlight a growing preference for high-throughput chains like Solana for RWA-related trading activity. This data underscores the evolving liquidity distribution across blockchain ecosystems as institutional and retail participants engage with tokenized financial instruments.