In the third quarter of 2026, BNB Chain became the leading blockchain for trading tokenized stocks, recording transactions worth approximately $25.6 billion and a tokenized stock supply volume of $1.13 billion.
Meanwhile, according to Blockworks' third-quarter report, the network ranked first among tracked networks in tokenized stock trading volume, outstanding supply volume, and number of holders. The report recorded growth in credit deposits and network revenue, although some user activity metrics declined.
BNB Chain leads in tokenized stock trading across tracked networks
Tokenized stock trading volume in the third quarter reached $25.6 billion, compared with $2.4 billion in the previous quarter. Decentralized exchanges accounted for $24.4 billion, while Ondo Global Markets contributed another $1.2 billion.
Blockworks compared tokenized asset trading volume on DEX across its tracked networks, totaling $45.8 billion, excluding memcoin pairs. In this dataset, BNB Chain accounted for more than half of trading volume, ahead of Robinhood Chain ($10.2 billion) and Solana ($6.4 billion).
The sharp rise in trading volumes followed the launch of bStocks on 11 June, making the third quarter the company's first full reporting quarter. Activity peaked on 26 July, when daily trading volume of tokenized assets on decentralized exchanges reached $1.2 billion in a single day.
A significant portion of this activity was concentrated in QQQB, a tokenized ETF product of Invesco QQQ, which generated approximately 80% of trading volume on bStocks. Other traded products included SPCXB, SPYB and NVDAB, while bStocks' own trading venue accounted for approximately 36% of trading volume.
Despite the acceleration in trading, volumes declined after the July peak. From mid-August, weekly activity generally ranged from $600 million to $1.1 billion, reaching $2.1 billion in one week in September.
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