Data from Dune shows Bitget’s stock token product, rToken, recorded about $30 million in trading volume over the past 24 hours, exceeding the roughly $25 million traded by Ondo stock tokens across all centralized and decentralized exchanges. Ondo was one of the earliest RWA protocols to move into stock tokens, and its assets had previously been listed on platforms including Binance Wallet, Bitget and Gate. At its peak, Ondo’s stock-token trading volume reached $620 million in a single day. The latest comparison points to a shift in activity as more trading platforms launch their own stock-token offerings. According to the Odaily report, Ondo’s overall trading volume has fallen sharply from levels seen earlier this year.
Data from Dune shows that Bitget’s stock token product, rToken, posted about $30 million in trading volume over the past 24 hours. That was higher than the roughly $25 million total traded by Ondo stock tokens across all centralized exchanges and decentralized exchanges.
Ondo was among the earliest RWA protocols to enter the stock-token segment. Its related assets had previously gone live on platforms including Binance Wallet, Bitget and Gate, and peak daily trading volume once reached $620 million.
According to the report, Ondo’s overall trading activity has dropped sharply from the start of the year as more trading platforms roll out their own stock-token products.
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