FILTERED RESULTS
FILTERS
Ads Top
DARK MODE
CHART
MCap $2.9T -0.8%24h Vol $60.3B -33%Fear & Greed 70/100Alts Index 57/100
BTC.D 59.1% -0.3%Stable.D 9.1% 0%ETH.D 11.3% -0.1%Others.D 20.5% +0.4%
FET$0.2568+15.02%•PROS$0.8248+14.97%•AKT$0.7911+14.13%•RAIN$0.0119+13.7%•HNT$0.5737+12.91%•DRV$0.4134+9.66%•ADA$0.2663+9.46%•VIRTUAL$0.8673+9.45%•STRK$0.0583+9.42%•BEAM$0.00246112+8.08%•
BR$0.4591-20.64%•BTW$1.179-18.64%•STONK$0.1996-14.92%•AI$0.1145-14.87%•SAND$0.0729-7.82%•NIGHT$0.0452-7.65%•QNT$249.03-7.33%•MON$0.0325-6.54%•ZRO$1.905-6.31%•SOON$0.3490-6.3%•
Top movers 24h
    Filters
      Coins
      Sentiment
      Impact
      Search
      FILTERED RESULTS

        

      Upgrade your plan
      Dashboard

      XStocks Dominates DeFi Tokenized Stocks with $4 Million Weekly Growth

      XStocks, a tokenized equities platform developed by Backed Finance and associated with Payward, the parent company of Kraken, has emerged as a leader in the decentralized finance (DeFi) sector. The platform reported an increase of approximately $3.8 million in total value locked (TVL) over the past week, bringing its total to $111 million across 15 different protocols. This growth positions XStocks as the dominant player, controlling 58% of all tokenized stock deposits in DeFi.

      In addition to its significant deposit figures, XStocks has captured 86.5% of the market share in tokenized-stock lending, with a lending TVL of $23.1 million. The overall DeFi TVL for XStocks is estimated to be between $63 million and $84 million, indicating active deployment of assets in liquidity pools rather than remaining idle. The platform has also achieved a cumulative transaction volume exceeding $35 billion to $40 billion since its launch in late June 2025, listing over 800 assets available across more than 110 countries.

      XStocks tokens are issued on a 1:1 basis, each backed by underlying US equities or ETFs held with regulated custodians. Recently, the platform expanded its offerings with yield-generating vaults for assets such as SPYx, QQQx, and NVDAx, which provide users with exposure to equity-linked returns in a DeFi-compatible format. This integration of traditional brokerage infrastructure with DeFi capabilities allows XStocks to bridge the gap between conventional finance and decentralized finance, enhancing user access to yield products.

      The dominance of XStocks in the tokenized asset market raises important implications for the future of DeFi. With a utilization rate of approximately 9.9%, it suggests that users are increasingly viewing tokenized stocks as productive capital rather than mere digital receipts. This trend could signal a shift in how tokenized real-world assets are utilized within the DeFi ecosystem, highlighting the growing importance of platforms like XStocks in shaping the future of finance.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud