Robinhood Chain Tokenized Stock Volume Surges 167% Past Solana Peers
Robinhood Chain tokenized stock DEX volume hits $29.7M daily, overtaking Solana's xStocks and Backpack Sunrise combined, driven by meme coin pairings.
Woofun AI data shows that the average daily trading volume of tokenized stocks on the Robinhood Chain reached $29.7 million in the past week, exceeding the combined total of xStocks ($11.1 million) and Backpack Sunrise ($13.4 million) on Solana. This growth stems from launch platforms like Bankr and long.xyz enabling users to issue meme coins paired with tokenized stocks for liquidity since mid-July, covering over 90 stock codes. Nvidia leads with $13.9 million in daily volume, followed by SpaceX at $6.2 million and Apple at $4.5 million. Daily active traders peaked above 20,000 during the week of July 20.
Binance's bStocks on the BNB Chain maintains a significantly higher average daily volume of $676.8 million, more than 20 times that of Robinhood. Tokenized stocks remain a minor fraction of Robinhood Chain's total DEX volume, with most activity dominated by meme coins such as CASHCAT.
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