X’s Cashtags feature has driven an estimated $1 billion in global trading volume since its pilot launch on Tuesday, according to the platform’s Head of Product Nikita Bier.

The trading milestone arrived just 48 hours after the social media platform introduced Smart Cashtags for crypto and stock assets.

Bier revealed the volume figures on April 17, noting the data came from aggregated trading activity tied to the pilot.

The feature lets users tap cashtags such as $BTC, $ETH, $XRP, and $DOGE to view real-time price charts, sentiment data, and related posts without leaving the app.

A pilot integration with Canadian brokerage Wealthsimple also enables direct trading from the timeline.

However, the pilot remains limited in…