BlockBeats News, July 17th, according to Dune Analytics, the stock tokenization platform xStocks created by Backed had a trading volume of $5.44 million yesterday. The platform's DAU (Daily Active Users) reached 1,139 yesterday, with 14,634 transactions processed.
As for the trading pairs, Circle had the highest trading volume at $2.77 million, followed by tokenized Tesla and tokenized S&P 500 Index with trading volumes of $0.986 million and $0.581 million, respectively, ranking 2nd and 3rd.