Exchanges

24h Volume Share

60d Share

Binance

OKX

Backpack

Bybit

Gate

Ondo

Raydium

Kraken

Bitget

Orca

Hyperliquid

24h Volume

$263.7M

Binance$133.2M50.5%OKX$51.5M19.5%Ondo$27.6M10.5%Backpack$12.9M4.9%Raydium$12.3M4.7%Gate$10.1M3.8%Bybit$7.7M2.9%Kraken$5.9M2.2%Bitget$1.6M0.6%Orca$510.3K0.2%Hyperliquid$336K0.1%

Volume is self-reported by each exchange, with no independent attestation. DEX Volume Is Summed On-Chain Pool Volume

Shared Rails

The issuers, brokers, and custodians each exchange runs on. Hover an entity to see every exchange that depends on it.

Exchanges14

Issuers & Brokers13

bStocksIssuer

Nest TradingIntroducing broker · ADGM, UAE

xStocksIssuer

Dinari dSharesIssuer

Ondo StocksIssuer

RealityIssuer

Coinbase Capital MarketsBroker-dealer · USA

Backpack Tokenized SecuritiesIssuer

Backpack Securities GlobalIntroducing broker · New Zealand

Atomic Vaults SecuritiesIntermediary broker · USA

Kraken SecuritiesIntroducing broker · USA

Foris Capital USIntroducing broker · USA

Matrix GelephuIntroducing broker · Bhutan

Custody & Clearing3

Alpaca SecuritiesCarrying broker · USA

Apex ClearingClearing & custody broker · USA

RQD ClearingClearing & custody broker · USA

Binance

Real Shares

Via Nest Trading · Alpaca SecuritiesUS Excluded

Stock Tokens

bStocks24h Volume$133.2M

Perpetuals

148 Pairs24h Volume$14.8BOI$3.6B

90d Volume

SNDK XAU SKHYNIX

OKX

Real Shares

Stock Tokens

xStocks24h Volume$51.5M

Perpetuals

128 Pairs24h Volume$2.9BOI$523.5M

90d Volume

SNDK SKHYNIX SPCX

Hyperliquid

Real Shares

Stock Tokens

Dinari dShares24h Volume$336K

Perpetuals

80 Pairs24h Volume$2.5BOI$1.6B

90d Volume

SKHYNIX WTI SNDK

Gate

Real Shares

Hong Kong, Korea, US

Stock Tokens

xStocks Ondo Stocks24h Volume$10.1M

Perpetuals

231 Pairs24h Volume$2.3BOI$401.5M

90d Volume

SNDK SKHYNIX SPCX

Bitget

Real Shares

Stock Tokens

Reality Ondo Stocks24h Volume$1.6M

Perpetuals

224 Pairs24h Volume$1.3BOI$736M

90d Volume

SNDK KORU SOXL

Bybit

Real Shares

Stock Tokens

xStocks24h Volume$7.7M

Perpetuals

148 Pairs24h Volume$987.3MOI$511.1M

90d Volume

SOXL XAU SNDK

Ondo

Real Shares

Stock Tokens

Ondo Stocks24h Volume$27.6M

Perpetuals

31 Pairs24h Volume$129MOI$72.6M

90d Volume

XAU NVDA MRVL

Coinbase

Real Shares

Via Coinbase Capital Markets · Apex ClearingUS Only

Stock Tokens

Perpetuals

28 Pairs24h Volume$36.1MOI$16.6M

90d Volume

AMZN META SNDK

Backpack

Real Shares

Via Backpack Securities Global · RQD ClearingUS Excluded

Stock Tokens

Backpack Tokenized Securities24h Volume$12.9M

Perpetuals

90d Volume

SKHY SPCX MU

Kraken

Real Shares

Via Kraken Securities · Alpaca SecuritiesUS Only

Stock Tokens

xStocks24h Volume$5.9M

Perpetuals

11 Pairs24h Volume$6.6MOI$9.5M

90d Volume

CRCL MSTR AAPL

RaydiumDEX · solana

Stock Tokens

xStocks$12.3MOn-Chain Volume

90d Volume

CRCL SPY TSLA

Crypto.com

Real Shares

Via Foris Capital US · Apex ClearingUS Only

Stock Tokens

Perpetuals

68 Pairs24h Volume$4.7MOI$2.7M

90d Volume

SNDK SPCX MU

OrcaDEX · solana

Stock Tokens

xStocks$510.3KOn-Chain Volume

90d Volume

SPY NVDA TSLA

BIT

Real Shares

Via Matrix Gelephu · RQD ClearingUS Excluded

Stock Tokens

Perpetuals

Data Coming Soon