Tokenized Stocks Surge as SPY, Google, and Robinhood Drive $7.1B in DEX Volume

TL;DR

• Three synthetic versions accounted for $7.1 billion in volume over the past 90 days, representing 44.7% of the decentralized exchange market.
• The SPY version on Robinhood Chain surged 1,314% in 30 days to reach a market cap of $17.4 million as of September 7, 2026.
• The global digitalized equities sector on DEX platforms accumulated $15.9 billion in volume after posting a 1,250.8% increase.

On-chain activity in the tokenized stock market recorded a notable surge, reaching $7.1 billion in volume concentrated in three primary assets over the past 90 days, according to data released by Token Terminal on Monday, September 7.

The fastest-growing tokenized stock deployments over the past 30 days:

SPY on Robinhood Chain: +1,314% to $17.4M
rGOOGL on Arbitrum: +531% to $18.8M
HOODb on BNB Chain: +429% to $5.7M pic.twitter.com/dBT04959Hc

- Token Terminal (@tokenterminal) September 7, 2026

Offerings tied to exchange-traded funds and tech giants led this momentum across multiple blockchain networks. According to Token Terminal’s technical report, the SPY contract deployed on Robinhood Chain was the top-performing asset by percentage gain over the past 30 days, surging 1,314% to push its market capitalization to $17.4 million.

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