Dune: Q3 tokenized stocks and ETF on-chain trading volume exceeded 37 billion USD

According to a report by Bloomberg citing on-chain data analysis platform Dune, the on-chain trading volume of tokenized stocks and ETFs in the third quarter exceeded $37 billion, with monthly trading volume increasing nearly 18 times compared to January, covering over 200 trading venues and 12 blockchains.

During the same period, the on-chain trading volume of perpetual contracts linked to stocks, ETFs, and stock indices on the decentralized perpetual contract trading platform Hyperliquid reached $201 billion. Dune stated that currently about 25% of cryptocurrency spot trading is conducted on-chain.