Raydium manages 60% of the trading volume for Backpack securities on the Solana blockchain. The venue processes more than 63% of all tokenized equity volume on the network and captures a 75% share of xStocks trading, establishing a dominant position for tokenized stock settlement.

This market share coincides with a record $684 million in total tokenized equity supply on Solana as of September 11. The supply grew 47% over three weeks, marking an all-time high for tokenized stocks on the network.