Base Tokenized Stocks DEX Volume Tops $5B Weekly

base reported on Nov. 11 that DEX volume for tokenized stocks on the network has surpassed $5 billion, with an attached chart showing weekly volume climbing steadily from August through early November and peaking in the week of Nov. 2.

The post did not break out a precise figure or name the venues contributing to the volume, saying only that the tally was still climbing.

A rapid climb from $500M

The milestone follows a steep run-up in onchain equity trading on Base. On Oct. 10, base reported roughly $500 million in weekly volume for tokenized stocks after expanding its ticker list. By Nov. 5, daily volume had reached an all-time high above $144 million, according to a chart shared by baseposting and amplified by Base lead Jesse Pollak.

Base has been positioning tokenized equities as a core consumer use case, arguing that round-the-clock trading onchain is a structural advantage over traditional exchanges that close for nights and weekends. The network has also pointed to resilience during bouts of market volatility; on Nov. 6, Pollak highlighted LlamaRisk data showing Aave's tokenized equity markets on Base held up during sharp US stock swings on Nov. 5, with only about 393 liquidated from roughly 15 million in positions.

What to watch

Whether the $5 billion weekly pace holds through November, and whether Base discloses a breakdown of volume by asset and by DEX. The network has separately said it is exploring a native token, though it has not issued one — transactions on Base are paid in ETH.