1/ ๐ Tokenized stock volume nearly doubled to $459M this week
Trust Wallet and Binance Wallet both launched trading competitions on Ondo's tokenized securities, and the volume followed.
On-chain volume hit $458.6M (+57% WoW) while active traders actually fell to 20,295 (-11%).
By issuer this week:
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@OndoFinance: $361.1M (79%)
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@xStocksFi: $54.6M (12%)
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@binance (bStocks): $42.9M (9%)
TVL tells a steadier story, and here the order flips:
> Ondo: $586.4M (43%)
> xStocks: $450.7M (33%)
> bStocks: $324.5M (24%, +12.8% WoW, the week's fastest grower)
Almost all the trading landed on BNB: $397.6M (+104% WoW). Solana slipped to $57.2M (-17%), Ethereum to $3.8M (-87%).
Aggregate TVL $1.36B (+3.3%), holders 256,515 (+1.7%).
More below ๐