xStocks weekend DEX volume jumps from $2.4 million to $55.2 million

What happened

12, 2026 The stock market closes on Friday afternoon. The surge in weekend DEX trading highlights a shift towards 24/7 markets, potentially reshaping traditional stock trading dynamics.

The post xStocks weekend DEX volume jumps from $2.4 million to $55.2 million appeared first on Crypto Briefing . A growing number of traders apparently did not get the memo.

The median weekend-day trading volume for xStocks-issued tokenized (representing an asset as a tradable entry on a blockchain) stocks rose from $2.4 million in July to $55.2 million in September . That works out to roughly a 23-fold increase in two months, all on days when the New York Stock Exchange sits dark.

What is driving the weekend surge xStocks is a tokenized equities platform from Backed Finance, which is associated with Kraken parent Payward. It issues SPL tokens, the standard token format on the Solana blockchain.

Each token is backed 1:1 by a US stock or ETF (a fund traded on a stock exchange like a share). Most of the trading happens on decentralized exchanges (DEXs) such as Raydium .

DEXs are software-run marketplaces with no opening bell and no closing bell. Raydium accounted for approximately 75% of xStocks trading activity.