Monthly trading volume in tokenised stocks has consistently exceeded $34 billion.

According to CoinGecko's "2026 Crypto Exchange TradFi Report", crypto exchanges listed 358 spot and perpetual contract assets backed by real-world assets (RWA) from early 2025 to May 2026.

RWA perpetual contract trading volume hit $347.1 billion in May. That was a 1,472-fold jump from early 2025.

Trading in tokenised stocks also surged. Combined monthly volume across 13 top exchanges worldwide rose about 40-fold, from $831 million in July 2025 to $34 billion in May 2026. Nvidia and Tesla were named as the most-traded tokenised stocks. AI chipmaker Micron Technology showed notable growth, with volume rising 17-fold from $736 million in April 2026 to $13.16 billion in May.

Tokenised stock trading volume on decentralised exchanges (DEX) reached $2.1 billion in June, according to Dune Analytics data. That was 4 times May's level and 18 times the level at the launch of xStocks in July last year. This month, tokenised stock trading volume on DEXs surpassed tokenised commodity trading volume for the first time. SPYx, a tokenised S&P 500 exchange-traded fund (ETF) issued by XStock, recorded a record $967 million in DEX volume for a single asset. That accounted for nearly half of all tokenised stock trading activity.