xStocks, a platform that tokenizes U.S. stocks on blockchain, has reached an all-time milestone. The total trading volume for xStocks tokens on centralized (CEX) and decentralized exchanges (DEX) has topped $2 billion.
This includes over $1.93 billion via CEXs and $103 million via DEXs—as per data from xStock’s official Dune dashboard.
The xStocks ecosystem has witnessed considerable adoption, with more than 25,000 unique holders. Of all the tokens, the most widely held is TSLAx (Tesla) by 11,001 users, followed by SPYx (S&P 500 ETF) with 9,416, and NVDAx (NVIDIA) with 7,733 holders.
xStocks’ Gaining Popularity
These tokenized stocks are majorly trading on well-known exchanges like Gate.io, Bitmart, and Bybit. Exchanges like MEXC, Hotcoin, VALR, Biconomy, and KuCoin also support xStocks trading.
According to the data, Kraken holds the highest xStocks assets, valued around $8.7 million, followed by Gate.io with $5.4 million and Bybit with $4.5 million. The total assets under management (AUM) for all xStocks tokens is about $43.3 million.
Of all tokenized stocks, Tesla (TSLAx) has the largest AUM at more than $9.3 million, followed by SPYx (S&P 500 ETF) at $5.1 million and NVDAx (NVIDIA) at $4.6 million. Some of the most popular tokens include MSTRx (MicroStrategy), CRCLx (Circle), and AAPLx (Apple).
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