Skip to main content
727 Finance
English

71% of Uniswap’s tokenized stock trades in September occurred outside the U.S. stock market, and nearly half were conducted when the exchange was closed.

PANews reported on October 3 that according to Kaiko monitoring, 71% of the tokenized stock trading volume on Uniswap in September occurred outside the regular trading hours of U.S. stocks. Nearly half of these transactions were conducted when the exchange was completely closed, indicating that the price discovery process is shifting to night, weekend and holiday periods, and the demand for round-the-clock stock trading on the chain has become increasingly apparent. In addition, the data also shows that out of the 25 large price gaps, 20 of the weekend token price movements were in the same direction as Monday’s opening gap. Robinhood Chain currently surpasses most other blockchain networks in terms of tokenized stock trading volume.

Related news

  1. An address withdrew USDC from Kraken and then bought over 15,000 ETH on-chain.

  2. U.S. Secret Service: Still investigating the cryptocurrency theft targeting Binance

  3. Coinbase earned a net profit of $700 million in Q3, with nearly 90% of the profit coming from rising coin prices.

    When Bitcoin's price is stuck in a range, the market will take a more sober view of Coinbase's profitability and risk resilience as a company.

  4. OKX's new Flash Earn period is open for pre-subscription. Deposit BTC or ETH to share 1 million USDT.

  5. A smart money address again transferred 100,000 VVV to Coinbase, with a total return rate of 471.2% so far.