Tokenized stocks accounted for 99.3% of the $14.4 billion traded onchain outside the US over the past 30 days. Market capitalization surged from around $600 million to between $3 billion and $4.8 billion between early 2026 and September 2026, with year-over-year growth reaching as high as 395%. Monthly onchain trading volume hit a record $15.6 billion in September 2026, fueled by over 4 million individual holders with an average position of roughly $780. Binance, Kraken, and Robinhood lead the platform side, while BNB Chain captured approximately 34% of trading activity in mid-September 2026.
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