Over $300M in tokenized stocks deposited into DeFi, up 2,451%

Tokenized equities are no longer just sitting in wallets, as DeFi users pile them into liquidity pools and lending markets DeFi users have now deposited more than $300 million worth of tokenized stocks into on-chain protocols. That figure is up 2,451.5% over the past year. The total value locked (TVL) in DeFi protocols for tokenized stocks reached between $248 million and $313 million across September and October 2026. Back in January 2026, that number sat somewhere between $15 million and $22 million. That works out to roughly 18-20 times growth in under a year. Measured year over year, some tallies put the increase at 1,961%, while the headline figure lands at 2,451%. Three blockchains did most of the heavy lifting.

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