Best onchain stocks trading platforms?

[0xredhot]

Hey guys, I would love to explore trading stocks but with crypto, I do normally trade perps, but recently found out that perpmate perp dex added stocks trading with USDC, and I was pretty profitable on those but those are perps, are there any other good crypto DEXes for spot stocks trading with high liquidity and volume using crypto?

[GreatArkansas]

If you want Dexes, there are already some in different networks like sosovalue and Aster.
About centralized exchange, what I only tried was tokenized assets from Dzengi.com, but I already withdrew my funds. I only had a bad experience during withdrawing my funds because they asked a lot of proof from my previous deposits like years ago already, but I still got my funds.

[shinratensei_]

There are many of them but I will just mention the top ones
First is hyperliquid, they got the highest volume for stocks from my experience.



Then followed by asterdex on the stocks section and I think you should use this if you like binance so much or prefer to use binance smart chain and the next popular dex that have stock market is lighter.xyz funded by a16z, the volume is not bad too in this market.

All three of these Perpetual DEXes are the market dominating Perpetual DEXes trading platform and doesn't lack volume. Be sure to recheck if you're using the proper site and link.

[joniboini]

I just noticed OP created another thread asking about asterdex feature (although the title is quite general tbf). Does this mean OP chose asterdex after reading the recommendations above, or are you still looking for other platforms to compare? Btw, I think you can also use this thread to ask simple stuff like how to set up trailing stop-loss in one of the DEXes recommended here instead of making a new thread.

[shinratensei_]

The market is very small and experimental. Those platforms aren't trading real stocks; they're trading synthetic tokens that track the price. The liquidity is generally low and risks are high. For actual spot trading of tokenized stocks, there's almost no meaningful volume on DEXes. It's mostly centralized platforms that offer it, and even then, it's limited. Stick to major CEXs if you must, but understand you're not buying the real stock.

This is actually true. It's synthetic stock in a way that we only getting exposure from its economic value not the real deal. The issuer of the stock token is the one that owns everything. There is also one added risk of depeg if anybody is trading stock on chain so I hope OP know the risk.

But it's still a good way to ride the train to rotate to both market in a seamless manner so there's a good advantage to it as well. But just remember that tokenized stock means there's intermediary that provide the exposure to economic values. The volume is miniscule as well compared to the real stock platform if I'm being honest.

[cryptoaddictchie]

Hey guys, I would love to explore trading stocks but with crypto, I do normally trade perps, but recently found out that perpmate perp dex added stocks trading with USDC, and I was pretty profitable on those but those are perps, are there any other good crypto DEXes for spot stocks trading with high liquidity and volume using crypto?

If you’re already profitable on stock perps, note that true high liquidity spot stock DEXes are still early, but the best current options are tokenized stocks on Solana DeFi or hybrid platforms like Kraken, Bybit, Bitget Onchain, or BingX, which let you trade real stock tokens with USDC and far better liquidity than most pure on chain pools. Are you aware of this yet fam?

[Taurox]

Hey guys, I would love to explore trading stocks but with crypto, I do normally trade perps, but recently found out that perpmate perp dex added stocks trading with USDC, and I was pretty profitable on those but those are perps, are there any other good crypto DEXes for spot stocks trading with high liquidity and volume using crypto?

heard about some new solana apps doing this but dyor because rugs are everywhere

[akmal1984]

Hey guys, I would love to explore trading stocks but with crypto, I do normally trade perps, but recently found out that perpmate perp dex added stocks trading with USDC, and I was pretty profitable on those but those are perps, are there any other good crypto DEXes for spot stocks trading with high liquidity and volume using crypto?

Hyperliquid through tradexyz is amazing, they've done something about fees which makes it super cool.

[CageMabok]

Hey guys, I would love to explore trading stocks but with crypto, I do normally trade perps, but recently found out that perpmate perp dex added stocks trading with USDC, and I was pretty profitable on those but those are perps, are there any other good crypto DEXes for spot stocks trading with high liquidity and volume using crypto?

I've never traded stocks using stablecoins of any cryptocurrency because I'm not really into stocks, so I haven't tried buying them and learning more about them. Although, one of my local exchanges has a special menu for those who like to buy stocks there, because exchanges like REKU also offer US and local stocks through FX market partnerships.

Hyperliquid through tradexyz is amazing, they've done something about fees which makes it super cool.

Why do you think that's cool? I would like to hear a little explanation from you regarding this matter because it might be quite interesting to try if there is a more detailed explanation of what you said because Hyperliquid is an altcoin that was once viral, but for now its popularity has started to fade a little, especially with the price drop in the market recently.

[Webetcoins]

First of all, learn the difference between onchain and others.

Onchain-> Involves the blockchain, it may be just the hash of a block or part of the blocks. DApps of Ethereum is a good example of based on onchain. Some casinos used the hash of blocks to determine an outcome instead of a random number which is also considered as onchain.

Crypto payments alone cannot be get you an onchain service.

All the listing on CEX cannot be onchain but will be appropriate when stocks are being traded after issued as tokens on any coins' blockchain.

[Alphakilo]

Hey guys, I would love to explore trading stocks but with crypto, I do normally trade perps, but recently found out that perpmate perp dex added stocks trading with USDC, and I was pretty profitable on those but those are perps, are there any other good crypto DEXes for spot stocks trading with high liquidity and volume using crypto?

You can try out platforms like Dinari and Gains network which makes use of chain link and vaults so as to be able to trade a minimum of about $10k without price movement and it is often considered way better than trying out a low volume spot order book because on a DEX like Uniswap only thin books exist for stock tokens and this is a difference that is evident when comparing stocks to crypto trading activities because high liquidity is a different ball game altogether.

[NINI2501]

why would anyone trade apple or tesla on a dex when you can just use a regular broker with zero commissions, the fees on these platforms plus the gas on eth or even l2s usually makes it more expensive than just doing it the old way, unless you are trying to hide your gains from the tax man or you live in a country where you cannot get a real brokerage account it seems like a lot of extra work for nothing

[shinratensei_]

why would anyone trade apple or tesla on a dex when you can just use a regular broker with zero commissions, the fees on these platforms plus the gas on eth or even l2s usually makes it more expensive than just doing it the old way, unless you are trying to hide your gains from the tax man or you live in a country where you cannot get a real brokerage account it seems like a lot of extra work for nothing

Its not an extra work when you have an asset in USDT and want to buy a stock just to trade it not to really own it. Because otherwise to move your moeny to regular broker, you gonna need to go through exchange and banks which means you gonna pay fee.
The onchain stocks cut that inconvenience and the gas in L2 is close to nothing. You usually pay $0.04 for a transaction or even less in some cases.

Also, your transactions are recorded on chain so it will be accounted into your tax record as well when you report.

[tygeade]

All the listing on CEX cannot be onchain but will be appropriate when stocks are being traded after issued as tokens on any coins' blockchain.

In a crypto exchange, I have not seen anything which is not based on a blockchain, either it must have native blockchain as a coin or issued under any other DApps based coin like ETH or TRX etc. I understand that you meant to say that exchanges are listing something out of thin air, I guess that I have never come across any such listing. Exchanges will release notes for every new listing and in-which you can check for those details. Real world assets are being listed in major exchanges these days, which are all based on smart contract of some existing one coin or multiple coins.

But the real concern here would be, who are all issuing those stocks as a token. Honestly, when USDT first hit the market, I was not aware of the company behind it, later I came to know it is Bitfinex, a known exchange to this community. Similarly, if these stocks are issued as tokens by a known entity then I guess that we are under safer hands, otherwise, I do not need to say...