Stellar Attracts 92% Inflow to Tokenized Funds

The Stellar network attracted $111.5 million, accounting for 92% of all market flows for the day. Over 24 hours, the market volume of tokenized funds increased by $121.2 million, with almost the entire amount directed to a single blockchain – Stellar. Base took second place with $5.2 million (4% of the market), Robinhood Chain attracted $2 million (2%), and the remaining seven specialized networks collectively shared $2.5 million.

Reasons for Concentration

The dynamics of short-term capital favored Stellar due to a series of integrations in the ecosystem at the end of October. At the Meridian conference in Lisbon, the platform Securitize announced the completion of technical integration with Stellar, which will simplify network access for institutional clients, including BlackRock and Hamilton Lane. Simultaneously, the asset management company Janus Henderson, in collaboration with Centrifuge, launched the JQQQ fund on Stellar, linked to the Nasdaq-100 index. The direct connection between these announcements and the inflow of $111.5 million is not officially confirmed, but the events create a backdrop for liquidity movement.

Asset Growth

Analysts at Token Terminal updated the classification of Stellar, categorizing it under tokenized assets and yield instruments. The annual growth of assets under management on the Stellar network amounted to 360%, reaching $4 billion. This anomaly confirms that major players, including the BENJI funds from Franklin Templeton and SAFO from Spiko, use Stellar's infrastructure for targeted settlements in the debt market, allowing the platform to maintain leadership during periods of capital consolidation.

Cautious Interpretation

Retail investors predominantly place funds in second-layer solutions compatible with EVM. However, such concentration in one day should be approached with caution: one or two large institutional deals can easily distort daily flow data, so the sustainability of Stellar's leadership will only become clear over weekly and monthly periods.