Uniswap stock token trading volume surged by $325 million, with v4 version leading growth

Uniswap's tokenized stock trading volume surged by US$325.2 million, led by the v4 version.

According to the latest market data, Uniswap's tokenized stock trading volume has increased significantly in the past week, with new transactions reaching US$325.2 million. Among them, the fourth version of the agreement contributed US$170 million, and the third version contributed US$155.2 million, indicating that the two generations of core versions still play a key role in the decentralized stock ecosystem.

Tokenized stocks emerge on decentralized exchanges

The growth in Uniswap trading volume has been accompanied by the overall expansion of the tokenized stock sector. Currently, this sector has accounted for more than 4% of the year-to-date spot trading volume of the Centralized Exchange (DEX), a significant jump from 0.1% in the same period last year. In the third quarter of 2026, the cumulative quarterly transaction volume of tokenized stocks reached US$7.8 billion, reflecting the deepening of liquidity in this area and the ability to be obtained at any time outside traditional exchange trading hours.

Daily trading volume of these digital assets on DEX peaked at approximately US$565 million at the end of June. Uniswap v4 and PancakeSwap v3 jointly generated US$5.2 billion in transaction volume in the third quarter, accounting for approximately two-thirds of the total trading volume of tokenized stocks on centralized exchanges.

Unlike the overall weekly trading volume, Uniswap's above data only reflects new trading volume contributed by the v3 and v4 funds pools. Although v4 accounts for a slightly higher proportion of new trading activity, v3's performance suggests that the established pool of funds continues to attract large amounts of stock token trading.

Uniswap v4 introduces a customizable hooking mechanism that allows developers to adjust fees, transaction logic, or access conditions without changing the core system of the protocol. In addition, the agreement launched a licensed fund pool in July, specifically designed for regulated on-chain assets.

Licensing funds pools on Uniswap v4 check the issuer managed whitelist during the transaction process and verify user identities before creating liquidity positions. This allows issuers to enforce participation rules within the automated market maker structure, while open funding pools are still available for unlimited cryptocurrency transactions.

This dual model allows Uniswap to support both highly regulated asset pools and traditional open markets. The growth in trading volume suggests that these technology options are meeting the needs of equity-centric cryptocurrency traders, combining compliance tools with continuous settlement and dynamic liquidity.

Robinhood Chain accelerates the development of the stock token market

Robinhood Chain has become a major force driving the growth of tokenized stock trading. The chain was launched in July as an Arbitrum-based Layer 2 network and carries Uniswap releases 2, 3 and 4 and the deployment of UniswapX, making Uniswap the main public market maker on the chain.

In the past 90 days, Robinhood Chain has facilitated US$638.5 million in tokenized stock trading volume. As of August, the cumulative transaction volume of Uniswap stock tokens on the chain has exceeded US$1 billion. About 73% of the liquidity of on-chain stock tokens is concentrated in the v4 fund pool, while the rest shows the continued activity of the old fund pool.

Robinhood Chain's service allows qualified users from more than 120 countries to trade tokens linked to stocks of major U.S. companies such as Nvidia, Tesla, and Apple, as well as exchange-traded funds. Trading can be conducted around the clock and does not need to be subject to the time limits of traditional exchanges.

Stock tokens on Robinhood Chain do not grant the holder legal or beneficial ownership of the relevant shares, nor do they provide voting rights. Instead, Robinhood describes the tokens as debt securities that are economically linked to the reference asset.

The growth in tokenized stock trading activity highlights the continued migration of financial products to the cryptocurrency ecosystem. Traditional markets rely on complex broker systems, and a major change is happening: Wall Street is moving towards Web3. Investors can now put direct holdings of stocks, gold and silver of major U.S. companies into their crypto wallets through platforms such as 1stepSwap. By tokenizing real-world assets and automatically finding the best prices, these innovations are eliminating intermediate links.