Tokenized Stock Lending TVL Reaches $23M as DEX Volume Climbs

Token Terminal data shows tokenized stock lending TVL reached $23 million as DEX volume climbs. QQQ and SPY trackers are gaining onchain trading and collateral use, but the totals remain small compared to broader DeFi. The growth indicates increasing interest in tokenized equities, though still a rounding error next to the wider DeFi market.