Trading volume for tokenized commodities on the Solana network reached $87 million per week. Raydium, the largest decentralized exchange on the platform, currently accounts for 70% of this activity. Throughout 2026, Raydium has consistently maintained a market share between 63% and over 90% for tokenized asset trading.
By late August 2026, the supply of tokenized commodities on Solana reached approximately $50 million. This growth is driven by assets such as Paxos Gold and the SILV silver token from Dominion Market. Notably, the supply of tokenized gold on the network increased by 689% year-over-year as of August 2026, representing about 0.47% of the total on-chain gold market.
The ecosystem expanded in early September 2026 when GMTrade introduced perpetual contracts for gold, silver, and WTI crude oil. Additionally, the lending protocol Kamino now allows users to use Paxos Gold as collateral. By the second quarter of 2026, Solana processed more than 95% of the global volume for tokenized equities.
Broader metrics for real-world assets on Solana have shown an upward trend throughout 2026. The network has recorded consistent growth in both total supply and the number of holders across various asset categories, further establishing its position in the on-chain commodities sector.
