🚀 Gate Square Creator Certification Incentive Program Is Live!
Join Gate Square and share over $10,000 in monthly creator rewards!
Whether you’re an active Gate Square creator or an established voice on another platform, consistent quality content can earn you token rewards, exclusive Gate merch, and massive traffic exposure!
✅ Eligibility:
You can apply if you meet any of the following:
1️⃣ Verified creator on another platform
2️⃣ At least 1,000 followers on a single platform (no combined total)
3️⃣ Gate Square certified creator meeting follower and engagement criteria
Click to apply now 👉
The xStocks stock Token launched by Backed has a daily volume of $1.338 million.
According to Wu, data from @defioasis shows that after being supported by Bybit and Kraken, the trading volume of xStocks stock tokens launched by Backed reached 1.338 million USD on June 30, with over 1,200 independent trading users and more than 2,500 transactions. Notably, although xStocks offers trading for 61 stocks, currently only 6 stock tokens have on-chain trading volume, namely NVDA, MSTR, TSLA, CRCL, SPY, and AAPL. In addition, the default total amount of xStocks stock tokens is 6,000, with minting and freezing permissions; Backed acts as the tokenization issuer, but the Broker and Custodian services are provided by third parties, including Alpaca Securities LLC, InCore Bank AG, and Maerki Baumann & Co. AG; the on-chain liquidity of major stock tokens is relatively shallow, and exchanges may become the main battlefield for liquidity in the future.