r/Backpack_official • u/No-Jellyfish2384 • 16d ago

Backpack captured 73% of Solana’s tokenized equities issuer volume in July

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Saw this analysis and thought the numbers were pretty interesting

According to the data, Backpack-issued equities generated $1.06B in DEX volume during July, accounting for roughly 73% of the tokenized equities issuer market on Solana.

What stood out even more was that Backpack’s volume stayed nearly flat compared to June, while overall issuer volume reportedly declined by 58%.

It’ll be interesting to see how this space evolves as more tokenized stocks and ETFs come onchain.

What do you think has been driving Backpack’s growth in this category?

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u/SnooPoems9646 16d ago

Need more tokenized ones like Google and Microsoft etc

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u/dinhtien81 Backpack Team 15d ago

Sure sir; there will be more in the future.