Uniswap V4 leads tokenized stock deposits with $59.1 million TVL

Uniswap V4 has emerged as the leading decentralized finance (DeFi) venue for tokenized stocks, holding $59.1 million in total value locked (TVL) as of September 6. According to data from Token Terminal, this amount represents a significant portion of the $192.6 million total TVL currently recorded for tokenized stocks across the DeFi sector.

Kamino Lend follows in second place with $41.7 million, while Uniswap V3 holds $20.9 million. Together, these three platforms account for approximately 63% of the total tokenized stock deposits in DeFi. On a blockchain level, Solana hosts the largest share of these assets, totaling $79.1 million.

Tokenized stocks are blockchain-based assets that provide price exposure to traditional equities or ETFs. They are increasingly being used within DeFi for liquidity provision, collateral for loans, and trading. Uniswap V4’s dominance is attributed to its flexible 'hook' architecture, which allows for customized liquidity pool designs, including specific fee structures and execution conditions.