On its third day after launch, stock tokenization platform xStocks reaches $7.73 million in trading volume, with S&P 500 tokens leading in turnover

According to Jinse Finance, Dune data shows that the tokenized stock platform xStocks, created by Backed, reached a trading volume of $7.73 million on its third day after launch, with transaction volume continuing to rise. In addition, the platform's DAU (daily active users) decreased compared to the previous day, reaching 4,215 users and completing 14,560 transactions. In terms of trading products, the S&P 500 index token led with a trading volume of $4.25 million, followed by Tesla and Circle stock tokens.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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