DeFi· ★★★· bullish·

Solana Overtakes Robinhood Chain to Lead Tokenized Commodities DEX Volume

  • —Solana's share of tokenized commodities DEX volume jumped from about 1% to 36% in three weeks
  • —Robinhood Chain holds 26%, Canton 19%, Ethereum 13% and BNB Chain 4%
  • —Solana hosts $26.8 million in tokenized commodities, just 0.55% of the market versus Ethereum's $4.7 billion
  • —SILV, GMTrade commodity perps and Kamino's PAXG collateral listing drove flow through Raydium
Why it matters: Volume leadership is not yet backed by assets: Solana holds under 1% of the segment's value, and rankings can shift on a single new listing.
Source: Cryptopolitan