Coinbase’s layer-2 network hit $100 million in daily decentralized exchange volume for tokenized stocks, a level not reached in 26 days. Since the August 24, 2026 launch, cumulative volume has surpassed $228 million. The traded tokens include Nvidia (NVDAc), Apple (AAPLc), Alphabet (GOOGLc) and Meta (METAc), backed 1:1 by real shares held by custodian Alpaca under the B20 standard. Aerodrome dominates with over 77% of total volume. The offering stands apart from traditional markets through 24/7 availability and T+0 settlement versus T+1 for conventional trades.
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