
XStocks captures 58% of tokenized stock DeFi deposits with $111M
- —XStocks DeFi TVL: $63–84 million, on-chain AUM about $845 million, utilization 9.9%
- —Lending TVL of $23.1 million — 86.5% of the tokenized stock lending market
- —More than $1 billion in volume passed through Raydium on Solana over 30 days
- —The platform's cumulative trading volume exceeded $35–40 billion, with 800+ assets available
Why it matters: A single player is concentrating most DeFi deposits and lending in tokenized stocks, making XStocks core infrastructure for the RWA market.
Source: Crypto Briefing