Tokenized S&P 500 fund becomes second-most traded on Base
- —deSPXA recorded $103.6 million in volume on Base DEXs over 90 days
- —Coinbase's NVDAc leads with $159.9 million over the same period
- —The token is available only to non-US investors and trades against USDC
- —deSPXA's market cap is estimated at $2–3.3 million at a price of $760–780
Why it matters: The growth of tokenized stocks on Base shows demand for on-chain access to traditional assets and DeFi collateral.
Source: Crypto Briefing