Tokenized equities on Solana surpassed $100M in 24-hour volume for the first time, with $SPCX, backed 1:1 by SpaceX shares, driving over 40% of trading.

TradeXYZ's SPCX perpetual contract on Hyperliquid hit $1.34B in notional volume on SpaceX's IPO day, capturing 95% of the pre-IPO perp market.

Backpack's BP token surged 27% to $0.347 after the Solana-based exchange launched tokenized SpaceX shares on the same day as SpaceX's record $75B IPO.