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Uniswap Holds 98% of Coinbase Stock Token Deposits on Base
Cryptobriefing.com reports that Uniswap dominates the deposit landscape for Coinbase-issued stock tokens on the Base network. The decentralized exchange holds $943,200 of the $960,300 total value in tokenized equity deposits, commanding roughly 98.2% of the market. These tokens, including AAPLc and NVDAc, are backed 1:1 by real shares held by broker-custodian Alpaca. While launch metrics showed $4.5M minted and $10.8M in volume, current deposits have contracted significantly. Only $17,100 remains across all other protocols combined, leaving Aerodrome with a minimal share. This concentration highlights Uniswap's central role in the current liquidity for these regulated, non-US assets.