xStocks recorded a trading volume of $3.81 million yesterday, with a certain exchange leading in transaction volume

According to Jinse Finance, Dune data shows that the tokenized stock platform xStocks, created by Backed, reached a trading volume of $3.81 million on its fourth day after launch, a significant decrease from the previous day's $8.56 million. The platform reported 2,835 daily active users (DAU) and completed 25,126 transactions. In terms of trading products, the S&P 500 index token led with a trading volume of $960,000, followed by tokenized stocks of Tesla, Circle, and Nvidia.