Raydium has surpassed $4 billion in cumulative tokenized stock trading volume on Solana, marking another milestone for onchain equity trading on the network.
This is just after crossing $3 billion in cumulative tokenized equity volume in late June, meaning another $1 billion in trading volume has been added since then.
The milestone reflects trading in tokenized equities, including xStocks, which represent traditional equities and ETFs as blockchain-based assets. Raydium provides liquidity pools that enable those tokens to trade on Solana.
The $4 billion threshold has also been surpassed by other tokenized equity platforms, Ondo and xStocks.
xStocks who exceeded $4 billion in combined centralized and decentralized exchange trading volume in September 2025, less than three months after launch. Ondo also later reported $6.8 billion in cumulative trading volume by January 2026.
As tokenized stocks expand across both centralized and decentralized venues, Raydium continues their run as a stand out on Solana.