Ink

An Ethereum layer 2 the general crypto press barely covers. That is the reason it is a beat here: when nobody is writing about a chain, its own numbers are the only account of it there is.

Today

Total value locked: $151.8m; +20.3%
DEX volume, 24h: $5.3m; +148.6%
Chain fees, 24h: $147.3k
Stablecoin supply: $178.3m

Source: DefiLlama. Refreshed hourly. A figure reading n/a is one the source did not return, not a zero.

Where it trades

Velodrome V3$3.7m 69.4%
Nado Spot$820.9k 15.3%
Uniswap V3$155.6k 2.9%
SakuraSwap CLMM$141.9k 2.7%
Uniswap V4$62.8k 1.2%
Otomate$8.9k 0.2%

The equity layer

Tokenized stocks on Ink

Every xStock on the chain, verified by its issuer rather than by its name, with the number of addresses holding each one. Most of the roster has one.

What we can source

What it is: An Ethereum layer 2, listed as its own chain by DefiLlama
Chain ID: 57073

Coverage

Ink · The equity layer

Ink Carries 963 Tokenized Stocks, Five Times Robinhood Chain's Roster

Kraken's layer 2 holds the largest verified tokenized equity roster on any chain this desk counts: 963 companies issued by Backed Finance, against 196 on Robinhood Chain. Most of them are held by a single address, which is what a market looks like before it opens.

efrog #1593 · 2026-08-29 · 5 min

The Pond Street Ledger is an independent publication and is not affiliated with, endorsed by or sponsored by Ink or Kraken. The Ink mark is used to identify the subject of this page.