Robinhood Tokenized Stocks Surpass bStocks With $3B Volume
Uniswap (UNI)
Editor:
Eugene Serbin
ambcrypto.com reports that Robinhood has accumulated 862,800 holders of its tokenized stocks within less than two months, surpassing Binance bStocks which reached 827,200 holders. This narrow 4.3% lead indicates that neither platform has secured lasting dominance in the distribution battle for new tokens. Robinhood’s stock tokens generated $3 billion in decentralized exchange volume within 63 days, with daily volume averaging between $100 million and $130 million.
This activity suggests that wallets are moving beyond simple holding into active trading, creating deeper secondary-market liquidity. Meanwhile, Binance bStocks continues to process several hundred million dollars in daily trading, maintaining a strong position despite the holder deficit. The rapid growth of these established platforms highlights distribution as a powerful competitive advantage in reshaping tokenized markets.
On Robinhood Chain, Uniswap volume climbed from roughly $500 million in late August to $1.4 billion by early September. Uniswap V3 handles most trading, while V4’s growing contribution shows newer liquidity infrastructure gaining meaningful usage. Nearly $20 billion has been traded on Uniswap since July, providing depth across the network beyond just stock tokens. Ondo Finance and xStocks trail significantly with 376,900 and 335,000 holders respectively, separating sharply from the top two platforms.
How the market reacted
Whalio's own Binance spot order flow for UNI, measured when this story was written up on 3 September 2026. Not the outlet's figures.
Uniswap is trading at $5.85 with a 24-hour buy ratio of 51.6%, indicating a slight but consistent edge for buyers over sellers. The 1-hour buy ratio stands at 54.0% against a 4-hour ratio of 50.8%, showing that short-term buying pressure is stronger than the broader four-hour trend. Volume delta data reveals positive net buying of $481,063 in the last hour and $168,008 over four hours, confirming active accumulation. Over the past 24 hours, the volume delta reached +$3,701,031, with cumulative buying pressure (CVD) closing at +$427,818. This means that buy volume has consistently exceeded sell volume across these timeframes, driving the price up. Spot volume for UNI reached $114,276,172 in 24 hours across 573,119 trades, reflecting high liquidity and participation.
The latest daily buy ratio of 47.4% sits at the 28th percentile of the last 281 days, against a median of 49.2% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for UNI, averaged over the days leading up to the story.
Compared to the preceding week, today’s spot volume of $114,276,172 is 2.85 times the average daily volume, marking an unusually active trading day. The 24-hour buy ratio of 51.6% is slightly lower than the 7-day average of 52.2%, showing a minor dip in buying intensity relative to recent trends. Net buying occurred on 5 of the past 7 days, with the current day continuing the pattern of positive volume delta. This sustained buying interest has contributed to a 33.7% price increase over the last 8 days. The total volume delta for the week reached +$17,959,272, underscoring the strong upward momentum leading into today's activity.