Exchanges

24h Volume Share

60d Share

Binance

Backpack

OKX

Gate

Bybit

Ondo

Kraken

Bitget

Raydium

Orca

Hyperliquid

24h Volume

$657.6M

Binance$267.3M40.6%OKX$251.1M38.2%Backpack$68.4M10.4%Ondo$30.8M4.7%Gate$14.4M2.2%Raydium$11.3M1.7%Bybit$9.8M1.5%Kraken$3.7M0.6%Bitget$416.9K0.1%Orca$286.7K0%Hyperliquid$78.6K0%

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

RealityIssuer

Ondo StocksIssuer

Coinbase Capital MarketsBroker-dealer · USA

Backpack Tokenized SecuritiesIssuer

Backpack Securities GlobalIntroducing broker · New Zealand

Atomic Vaults SecuritiesIntermediary broker · USA

Foris Capital USIntroducing broker · USA

Kraken SecuritiesIntroducing 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$267.3M

Perpetuals

105 Pairs24h Volume$26.6BOI$2.9B

90d Volume

SNDK SKHYNIX SOXL

OKX

Real Shares

Stock Tokens

xStocks24h Volume$251.1M

Perpetuals

100 Pairs24h Volume$7.3BOI$507.1M

90d Volume

SNDK SKHYNIX MU

Hyperliquid

Real Shares

Stock Tokens

Dinari dShares24h Volume$78.6K

Perpetuals

73 Pairs24h Volume$7.4BOI$1.8B

90d Volume

SKHYNIX SNDK MU

Bitget

Real Shares

Stock Tokens

Reality Ondo Stocks24h Volume$416.9K

Perpetuals

183 Pairs24h Volume$3.1BOI$665M

90d Volume

SNDK SOXL SKHYNIX

Bybit

Real Shares

Stock Tokens

xStocks24h Volume$9.8M

Perpetuals

81 Pairs24h Volume$1.9BOI$362.9M

90d Volume

SOXL SNDK SKHYNIX

Gate

Real Shares

Hong Kong, Korea, US

Stock Tokens

xStocks Ondo Stocks24h Volume$14.4M

Perpetuals

196 Pairs24h Volume$1.4BOI$216.6M

90d Volume

SNDK SKHYNIX SOXL

Ondo

Real Shares

Stock Tokens

Ondo Stocks24h Volume$30.8M

Perpetuals

24 Pairs24h Volume$207MOI$50.1M

90d Volume

XAU WTI XAG

Coinbase

Real Shares

Via Coinbase Capital Markets · Apex ClearingUS Only

Stock Tokens

Perpetuals

21 Pairs24h Volume$81MOI$7.3M

90d Volume

SNDK NVDA MRVL

Backpack

Real Shares

Via Backpack Securities Global · RQD ClearingUS Excluded

Stock Tokens

Backpack Tokenized Securities24h Volume$68.4M

Perpetuals

90d Volume

MU SKHY SPCX

RaydiumDEX · solana

Stock Tokens

xStocks$11.3MOn-Chain Volume

90d Volume

CRCL NVDA QQQ

Crypto.com

Real Shares

Via Foris Capital US · Apex ClearingUS Only

Stock Tokens

Perpetuals

46 Pairs24h Volume$10.2MOI$1.4M

90d Volume

MU SNDK SPCX

Kraken

Real Shares

Via Kraken Securities · Alpaca SecuritiesUS Only

Stock Tokens

xStocks24h Volume$3.7M

Perpetuals

11 Pairs24h Volume$3.5MOI$4.9M

90d Volume

SPCX TSLA NVDA

OrcaDEX · solana

Stock Tokens

xStocks$286.7KOn-Chain Volume

90d Volume

SPY NVDA META

BIT

Real Shares

Via Matrix Gelephu · RQD ClearingUS Excluded

Stock Tokens

Perpetuals

Data Coming Soon