SpaceX’s IPO pushed a wave of traders onto onchain platforms, especially during hours when traditional markets were dark. It’s not a fluke — the SpaceX IPO created a genuine demand spike, and Solana’s venues were ready to absorb it. The network still needs to close the gap in derivatives trading, probably through a combination of better tooling, stronger liquidity incentives, and more targeted outreach to the derivatives trading community. Frequently Asked Questions How much tokenized stock volume did Solana trading venues hit? Solana’s trading venues surpassed $100 million in 24-hour spot volume for tokenized stocks, a milestone reached around the period of SpaceX’s IPO.