Update
Solana's Tokenized Commodities Supply Hits Record $63.2 Million
Solana's tokenized commodities supply has reached a record $63.2 million, surpassing its previous high of $50.5 million set on August 25, 2026. The supply has fluctuated, with a dip after the August peak but has been supported by increased trading activity. The largest commodity tokens on Solana include PAXG, GLDx, XAUT0, XAUM, and GOLD, with SILV, a tokenized silver product, generating over $4 million in trading volume since its launch in 2026. Most trading activity occurs through decentralized exchanges (DEXs), with Raydium accounting for around 70% of Solana's tokenized commodities trading volume in one reported week. Solana's share of the spot DEX market for tokenized commodities has ranged between 28% and 36%, with occasional periods where it overtook Robinhood Chain.