Uniswap V4 leads tokenized stock DeFi venues with $59.1M TVL
Uniswap V4 holds $59.1M in tokenized stock deposits, ranking as the top DeFi platform for the category, according to Token Terminal data reported by Crypto.News.
Why it matters
The data provides a snapshot of how tokenized equities are being used within DeFi, though with only a single source reporting the figures, the picture is preliminary. The concentration of roughly 63% of the category in three platforms suggests limited competition in this niche.
Key facts
Uniswap V4 held $59.1 million in tokenized stock deposits as of September 6, ranking first among DeFi venues for the category.
59,100,000 USDReported by Crypto.News
Kamino Lend ranked second with $41.7 million in tokenized stock deposits.
41,700,000 USDReported by Crypto.News
Uniswap V3 held $20.9 million in tokenized stock deposits.
20,900,000 USDReported by Crypto.News
The top three platforms combined accounted for approximately $121.7 million, or about 63.2% of the category's reported total.
121,700,000 USDReported by Crypto.News
Solana hosted $79.1 million in deposited tokenized stocks, the largest blockchain total reported.
79,100,000 USDReported by Crypto.News
Robinhood-issued stocks contributed $73.1 million.
73,100,000 USDReported by Crypto.News
xStocks supplied $63.9 million across DeFi venues.
63,900,000 USDReported by Crypto.News
Total tokenized stock DeFi TVL stood at approximately $192.6 million.
192,600,000 USDReported by Crypto.News
What happened
Crypto.News reported that Uniswap V4 held $59.1 million in tokenized stock deposits as of September 6, making it the largest decentralized finance venue for tokenized equities according to Token Terminal data. Kamino Lend ranked second with $41.7 million, while Uniswap V3 followed with $20.9 million. Together the three platforms accounted for roughly $121.7 million, or approximately 63.2% of the category's reported $192.6 million total value locked. On a blockchain level, Solana hosted $79.1 million in deposited tokenized stocks, the largest total reported. Robinhood-issued stocks contributed $73.1 million, while xStocks supplied $63.9 million across DeFi venues. Token Terminal defined TVL as the value of onchain deposits and, in some cases, the tokenized value of user deposits made offchain.
How the story developed
- First report
First report by Crypto.News
Uniswap V4 leads tokenized stocks with $59M TVL
- Update
Crypto.News publishes Token Terminal data on tokenized stock DeFi TVL
Uniswap V4 ranked as the top DeFi venue for tokenized stocks with $59.1 million in deposits.
Affected entities
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Crypto.News Crypto media | Uniswap V4 leads tokenized stocks with $59M TVL | Original |
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