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defioasis.eth
defioasis.eth|Jul 02, 2025 13:47
10 xStocks stock tokens have generated trading volume, but there are significant differences in on chain liquidity The cumulative trading volume of five stock tokens, SPY TSLA CRCL MSTR and NVDA, exceeds $1 million, with SPY's USDC liquidity approaching $1 million, TSLA CRCL and NVDA at around $400000, and MSTR at $200000. In addition, the liquidity of the remaining 5 stock tokens that generate trading activities is negligible The xStocks stock token follows the principle of 1 coin=1 share, but only first level professional/compliant investors have the right to purchase stocks and mint stock tokens or sell stock tokens to redeem stocks through xSTCOKs, while retail investors can only trade at the second level. XStocks is partnering with CEX not only to use CEX as a distribution channel, but also to leverage CEX's market maker resources to undertake the first tier issuance to boost the liquidity of stock tokens, allowing market makers to arbitrage price differences and anchor prices Among the 10 stock tokens that have generated trading volume, the total number of TSLA CRCL NVDA stock tokens exceeds 10000, which means that more than 10000 shares have been purchased and managed, while the rest are mostly around 5000 shares (tokens) Data: https://(due. com)/kucoinventures/xstocks
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Aug 01, 12:08【Solana CME futures trading volume and open interest increase】
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