According to Svmuu, data shows that tokenized stock trading volume hit an all-time high on Monday, with a single-day total trading volume reaching $3.57 billion. Since the beginning of this year, on-chain stock trading volume has continued to grow, breaking through further after several consecutive weeks of increases in April.
Currently, the majority of tokenized stock trading volume is concentrated on two major platforms: Binance, the world's largest centralized exchange, and Hyperliquid, an on-chain derivatives trading platform.
Additionally, platforms such as Kraken's xStocks, Ondo, and Bitget are also driving the expansion of on-chain stock trading, bringing cumulative trading volumes into the tens of billions of dollars.