Uniswap leads tokenized stock DEX trading with $17.1 billion in volume
Uniswap’s tokenized stock DEX activity reached $17.1 billion in volume. Most of that September trading happened outside regular U.S. market hours, with nearly half of trades taking place when stock exchanges were closed.
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What it means
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Users and traders who follow tokenized stocks can see that a large share of activity now happens when U.S. markets are not in their normal session. That affects when liquidity is available and when trading is most active, especially for people looking at these markets outside regular hours.
What changes in practice is the timing of trading: activity on these DEXs is already taking place across hours when stock exchanges are closed. What remains the same is that the volume is still concentrated on Uniswap, which is the venue named as leading this segment.
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Has this happened before?
Nothing comparable yet.