{
  "dataset": "tokenized-stock-premium",
  "title": "Tokenized stock premium — on-chain price vs the underlying share",
  "url": "https://stackfi.io/tools/tokenized-stock-premium/",
  "asOf": "2026-11-12T18:56:17.092Z",
  "status": "fresh",
  "marketOpen": true,
  "marketState": "regular",
  "registryVersion": "2026-09-12.v2",
  "license": {
    "name": "CC BY 4.0",
    "url": "https://creativecommons.org/licenses/by/4.0/",
    "terms": "https://stackfi.io/license/",
    "covers": "StackFi's compilation and derived measurements only. Raw upstream prices are facts, not licensed by StackFi — see the sources map and https://stackfi.io/license/"
  },
  "attribution": {
    "text": "Data by StackFi (stackfi.io), CC BY 4.0",
    "html": "<a href=\"https://stackfi.io\">StackFi</a>, licensed under <a href=\"https://creativecommons.org/licenses/by/4.0/\">CC BY 4.0</a>",
    "request": "Not required by the licence, but asked for: when the credit appears online, please make it a link. That link is the only thing we get back for publishing this."
  },
  "sources": {
    "issuer": "StackFi — derived measurement",
    "mint": "StackFi — derived measurement",
    "onChainPrice": "Jupiter price v3 — upstream market data",
    "underlyingPrice": "Jupiter price v3 — upstream market data",
    "premiumPct": "StackFi — derived measurement",
    "sharesPerToken": "Solana on-chain state",
    "liquidityUsd": "Jupiter price v3 — upstream market data",
    "priceChange24hPct": "Jupiter price v3 — upstream market data",
    "tradablePrice": "StackFi — derived measurement",
    "suspect": "StackFi — derived measurement",
    "medianPremiumPct": "StackFi — derived measurement",
    "widestPremium": "StackFi — derived measurement",
    "widestDiscount": "StackFi — derived measurement",
    "totalLiquidityUsd": "StackFi — derived measurement"
  },
  "method": {
    "premium": "premiumPct = onChainPrice / underlyingPrice - 1, taken at a single instant from the same source for both legs. onChainPrice is the price per displayed (scaled UI) token, which already reflects sharesPerToken, so it is not divided by it again.",
    "liquidityFloorUsd": 50000,
    "tradablePrice": "false when pool depth cannot support a trade at the quoted price. An untradable print is published as such rather than as a premium, because a number nobody can transact at is not a cost anybody pays."
  },
  "summary": {
    "assets": 28,
    "medianPremiumPct": -0.414,
    "widestPremium": {
      "ticker": "AAPLx",
      "premiumPct": -0.134
    },
    "widestDiscount": {
      "ticker": "HOODx",
      "premiumPct": -0.736
    },
    "totalLiquidityUsd": 15916610
  },
  "rows": [
    {
      "ticker": "SPYx",
      "underlying": "SPY",
      "name": "S&P 500 ETF",
      "issuer": "xstocks",
      "mint": "XsoCS1TfEyfFhfvj8EtZ528L3CaKBDBRqRapnBbDF2W",
      "onChainPrice": 758.885,
      "underlyingPrice": 760.36,
      "premiumPct": -0.194,
      "liquidityUsd": 3181552,
      "priceChange24hPct": -0.335,
      "underlyingAsOf": "2026-11-12T18:55:23.744Z",
      "suspect": false,
      "sharesPerToken": 1.005732,
      "tradablePrice": true
    },
    {
      "ticker": "NVDAx",
      "underlying": "NVDA",
      "name": "NVIDIA",
      "issuer": "xstocks",
      "mint": "Xsc9qvGR1efVDFGLrVsmkzv3qi45LTBjeUKSPmx9qEh",
      "onChainPrice": 164.6456,
      "underlyingPrice": 165.835,
      "premiumPct": -0.717,
      "liquidityUsd": 2728420,
      "priceChange24hPct": -6.966,
      "underlyingAsOf": "2026-11-12T18:55:23.744Z",
      "suspect": false,
      "sharesPerToken": 1.000918,
      "tradablePrice": true
    },
    {
      "ticker": "TSLAx",
      "underlying": "TSLA",
      "name": "Tesla",
      "issuer": "xstocks",
      "mint": "XsDoVfqeBukxuZHWhdvWHBhgEHjGNst4MLodqsJHzoB",
      "onChainPrice": 390.397,
      "underlyingPrice": 392.04,
      "premiumPct": -0.419,
      "liquidityUsd": 1780480,
      "priceChange24hPct": -0.901,
      "underlyingAsOf": "2026-11-12T18:55:23.743Z",
      "suspect": false,
      "sharesPerToken": null,
      "tradablePrice": true
    },
    {
      "ticker": "QQQx",
      "underlying": "QQQ",
      "name": "Nasdaq 100 ETF",
      "issuer": "xstocks",
      "mint": "Xs8S1uUs1zvS2p7iwtsG3b6fkhpvmwz4GYU3gWAmWHZ",
      "onChainPrice": 687.9484,
      "underlyingPrice": 690.95,
      "premiumPct": -0.434,
      "liquidityUsd": 1741655,
      "priceChange24hPct": -0.883,
      "underlyingAsOf": "2026-11-12T18:55:23.744Z",
      "suspect": false,
      "sharesPerToken": 1.002725,
      "tradablePrice": true
    },
    {
      "ticker": "CRCLx",
      "underlying": "CRCL",
      "name": "Circle",
      "issuer": "xstocks",
      "mint": "XsueG8BtpquVJX9LVLLEGuViXUungE6WmK5YZ3p3bd1",
      "onChainPrice": 64.5884,
      "underlyingPrice": 64.94,
      "premiumPct": -0.541,
      "liquidityUsd": 1350204,
      "priceChange24hPct": -5.364,
      "underlyingAsOf": "2026-11-12T18:55:23.744Z",
      "suspect": false,
      "sharesPerToken": null,
      "tradablePrice": true
    },
    {
      "ticker": "MSTRx",
      "underlying": "MSTR",
      "name": "MicroStrategy",
      "issuer": "xstocks",
      "mint": "XsP7xzNPvEHS1m6qfanPUGjNmdnmsLKEoNAnHjdxxyZ",
      "onChainPrice": 116.5113,
      "underlyingPrice": 116.99,
      "premiumPct": -0.409,
      "liquidityUsd": 920498,
      "priceChange24hPct": -5.012,
      "underlyingAsOf": "2026-11-12T18:55:23.744Z",
      "suspect": false,
      "sharesPerToken": null,
      "tradablePrice": true
    },
    {
      "ticker": "MSFTx",
      "underlying": "MSFT",
      "name": "Microsoft",
      "issuer": "xstocks",
      "mint": "XspzcW1PRtgf6Wj92HCiZdjzKCyFekVD8P5Ueh3dRMX",
      "onChainPrice": 523.2568,
      "underlyingPrice": 526.29,
      "premiumPct": -0.576,
      "liquidityUsd": 802919,
      "priceChange24hPct": 0.281,
      "underlyingAsOf": "2026-11-12T18:55:23.743Z",
      "suspect": false,
      "sharesPerToken": 1.004582,
      "tradablePrice": true
    },
    {
      "ticker": "GOOGLx",
      "underlying": "GOOGL",
      "name": "Alphabet",
      "issuer": "xstocks",
      "mint": "XsCPL9dNWBMvFtTmwcCA5v3xWPSMEBCszbQdiLLq6aN",
      "onChainPrice": 301.0312,
      "underlyingPrice": 301.97,
      "premiumPct": -0.311,
      "liquidityUsd": 724371,
      "priceChange24hPct": 2.097,
      "underlyingAsOf": "2026-11-12T18:55:23.745Z",
      "suspect": false,
      "sharesPerToken": 1.001927,
      "tradablePrice": true
    },
    {
      "ticker": "AAPLx",
      "underlying": "AAPL",
      "name": "Apple",
      "issuer": "xstocks",
      "mint": "XsbEhLAtcf6HdfpFZ5xEMdqW8nfAvcsP5bdudRLJzJp",
      "onChainPrice": 355.6645,
      "underlyingPrice": 356.14,
      "premiumPct": -0.134,
      "liquidityUsd": 711658,
      "priceChange24hPct": 0.412,
      "underlyingAsOf": "2026-11-12T18:55:23.744Z",
      "suspect": false,
      "sharesPerToken": 1.003269,
      "tradablePrice": true
    },
    {
      "ticker": "GLDx",
      "underlying": "GLD",
      "name": "Gold ETF",
      "issuer": "xstocks",
      "mint": "Xsv9hRk1z5ystj9MhnA7Lq4vjSsLwzL2nxrwmwtD3re",
      "onChainPrice": 355.4297,
      "underlyingPrice": 355.9902,
      "premiumPct": -0.157,
      "liquidityUsd": 575931,
      "priceChange24hPct": -2.736,
      "underlyingAsOf": "2026-11-12T18:55:23.744Z",
      "suspect": false,
      "sharesPerToken": null,
      "tradablePrice": true
    },
    {
      "ticker": "METAx",
      "underlying": "META",
      "name": "Meta",
      "issuer": "xstocks",
      "mint": "Xsa62P5mvPszXL1krVUnU5ar38bBSVcWAB6fmPCo5Zu",
      "onChainPrice": 624.4853,
      "underlyingPrice": 626.15,
      "premiumPct": -0.266,
      "liquidityUsd": 550541,
      "priceChange24hPct": -2.097,
      "underlyingAsOf": "2026-11-12T18:55:23.744Z",
      "suspect": false,
      "sharesPerToken": 1.002298,
      "tradablePrice": true
    },
    {
      "ticker": "AMZNx",
      "underlying": "AMZN",
      "name": "Amazon",
      "issuer": "xstocks",
      "mint": "Xs3eBt7uRfJX8QUs4suhyU8p2M6DoUDrJyWBa8LLZsg",
      "onChainPrice": 269.1599,
      "underlyingPrice": 269.52,
      "premiumPct": -0.134,
      "liquidityUsd": 374173,
      "priceChange24hPct": 0.74,
      "underlyingAsOf": "2026-11-12T18:55:23.744Z",
      "suspect": false,
      "sharesPerToken": null,
      "tradablePrice": true
    },
    {
      "ticker": "COINx",
      "underlying": "COIN",
      "name": "Coinbase",
      "issuer": "xstocks",
      "mint": "Xs7ZdzSHLU9ftNJsii5fCeJhoRWSC32SQGzGQtePxNu",
      "onChainPrice": 132.514,
      "underlyingPrice": 133.145,
      "premiumPct": -0.474,
      "liquidityUsd": 289797,
      "priceChange24hPct": -4.297,
      "underlyingAsOf": "2026-11-12T18:55:23.744Z",
      "suspect": false,
      "sharesPerToken": null,
      "tradablePrice": true
    },
    {
      "ticker": "HOODx",
      "underlying": "HOOD",
      "name": "Robinhood",
      "issuer": "xstocks",
      "mint": "XsvNBAYkrDRNhA7wPHQfX3ZUXZyZLdnCQDfHZ56bzpg",
      "onChainPrice": 82.8702,
      "underlyingPrice": 83.485,
      "premiumPct": -0.736,
      "liquidityUsd": 178265,
      "priceChange24hPct": -3.725,
      "underlyingAsOf": "2026-11-12T18:55:23.743Z",
      "suspect": false,
      "sharesPerToken": null,
      "tradablePrice": true
    },
    {
      "ticker": "NVDAon",
      "underlying": "NVDA",
      "name": "NVIDIA",
      "issuer": "ondo",
      "mint": "gEGtLTPNQ7jcg25zTetkbmF7teoDLcrfTnQfmn2ondo",
      "onChainPrice": 164.2411,
      "underlyingPrice": 165.835,
      "premiumPct": -0.961,
      "liquidityUsd": 2523,
      "priceChange24hPct": -6.741,
      "underlyingAsOf": "2026-11-12T18:55:23.744Z",
      "suspect": false,
      "sharesPerToken": 1.001715,
      "tradablePrice": false
    },
    {
      "ticker": "GLDon",
      "underlying": "GLD",
      "name": "Gold ETF",
      "issuer": "ondo",
      "mint": "hWfiw4mcxT8rnNFkk6fsCQSxoxgZ9yVhB6tyeVcondo",
      "onChainPrice": 354.6234,
      "underlyingPrice": 355.9902,
      "premiumPct": -0.384,
      "liquidityUsd": 1307,
      "priceChange24hPct": -2.701,
      "underlyingAsOf": "2026-11-12T18:55:23.744Z",
      "suspect": false,
      "sharesPerToken": null,
      "tradablePrice": false
    },
    {
      "ticker": "AAPLon",
      "underlying": "AAPL",
      "name": "Apple",
      "issuer": "ondo",
      "mint": "123mYEnRLM2LLYsJW3K6oyYh8uP1fngj732iG638ondo",
      "onChainPrice": 354.6973,
      "underlyingPrice": 356.14,
      "premiumPct": -0.405,
      "liquidityUsd": 1207,
      "priceChange24hPct": -0.773,
      "underlyingAsOf": "2026-11-12T18:55:23.744Z",
      "suspect": false,
      "sharesPerToken": 1.003908,
      "tradablePrice": false
    },
    {
      "ticker": "SPYon",
      "underlying": "SPY",
      "name": "S&P 500 ETF",
      "issuer": "ondo",
      "mint": "k18WJUULWheRkSpSquYGdNNmtuE2Vbw1hpuUi92ondo",
      "onChainPrice": 758.7831,
      "underlyingPrice": 760.36,
      "premiumPct": -0.207,
      "liquidityUsd": 367,
      "priceChange24hPct": -0.793,
      "underlyingAsOf": "2026-11-12T18:55:23.744Z",
      "suspect": false,
      "sharesPerToken": 1.009473,
      "tradablePrice": false
    },
    {
      "ticker": "QQQon",
      "underlying": "QQQ",
      "name": "Nasdaq 100 ETF",
      "issuer": "ondo",
      "mint": "HrYNm6jTQ71LoFphjVKBTdAE4uja7WsmLG8VxB8ondo",
      "onChainPrice": 689.1493,
      "underlyingPrice": 690.95,
      "premiumPct": -0.261,
      "liquidityUsd": 259,
      "priceChange24hPct": -0.337,
      "underlyingAsOf": "2026-11-12T18:55:23.744Z",
      "suspect": false,
      "sharesPerToken": 1.004082,
      "tradablePrice": false
    },
    {
      "ticker": "AMZNon",
      "underlying": "AMZN",
      "name": "Amazon",
      "issuer": "ondo",
      "mint": "14Tqdo8V1FhzKsE3W2pFsZCzYPQxxupXRcqw9jv6ondo",
      "onChainPrice": 270.6277,
      "underlyingPrice": 269.52,
      "premiumPct": 0.411,
      "liquidityUsd": 183,
      "priceChange24hPct": 1.678,
      "underlyingAsOf": "2026-11-12T18:55:23.744Z",
      "suspect": false,
      "sharesPerToken": null,
      "tradablePrice": false
    },
    {
      "ticker": "CRCLon",
      "underlying": "CRCL",
      "name": "Circle",
      "issuer": "ondo",
      "mint": "6xHEyem9hmkGtVq6XGCiQUGpPsHBaoYuYdFNZa5ondo",
      "onChainPrice": 65.0389,
      "underlyingPrice": 64.94,
      "premiumPct": 0.152,
      "liquidityUsd": 176,
      "priceChange24hPct": 1.917,
      "underlyingAsOf": "2026-11-12T18:55:23.744Z",
      "suspect": false,
      "sharesPerToken": null,
      "tradablePrice": false
    },
    {
      "ticker": "MSFTon",
      "underlying": "MSFT",
      "name": "Microsoft",
      "issuer": "ondo",
      "mint": "FRmH6iRkMr33DLG6zVLR7EM4LojBFAuq6NtFzG6ondo",
      "onChainPrice": 294.0697,
      "underlyingPrice": 526.29,
      "premiumPct": -44.124,
      "liquidityUsd": 118,
      "priceChange24hPct": 0,
      "underlyingAsOf": "2026-11-12T18:55:23.743Z",
      "suspect": true,
      "sharesPerToken": 1.005731,
      "tradablePrice": false
    },
    {
      "ticker": "METAon",
      "underlying": "META",
      "name": "Meta",
      "issuer": "ondo",
      "mint": "fDxs5y12E7x7jBwCKBXGqt71uJmCWsAQ3Srkte6ondo",
      "onChainPrice": 218.5955,
      "underlyingPrice": 626.15,
      "premiumPct": -65.089,
      "liquidityUsd": 5,
      "priceChange24hPct": 0,
      "underlyingAsOf": "2026-11-12T18:55:23.744Z",
      "suspect": true,
      "sharesPerToken": 1.002827,
      "tradablePrice": false
    },
    {
      "ticker": "TSLAon",
      "underlying": "TSLA",
      "name": "Tesla",
      "issuer": "ondo",
      "mint": "KeGv7bsfR4MheC1CkmnAVceoApjrkvBhHYjWb67ondo",
      "onChainPrice": 395.2664,
      "underlyingPrice": 392.04,
      "premiumPct": 0.823,
      "liquidityUsd": 1,
      "priceChange24hPct": 0.024,
      "underlyingAsOf": "2026-11-12T18:55:23.743Z",
      "suspect": false,
      "sharesPerToken": null,
      "tradablePrice": false
    },
    {
      "ticker": "MSTRon",
      "underlying": "MSTR",
      "name": "MicroStrategy",
      "issuer": "ondo",
      "mint": "FSz4ouiqXpHuGPcpacZfTzbMjScoj5FfzHkiyu2ondo",
      "onChainPrice": 116.3746,
      "underlyingPrice": 116.99,
      "premiumPct": -0.526,
      "liquidityUsd": 0,
      "priceChange24hPct": -4.9,
      "underlyingAsOf": "2026-11-12T18:55:23.744Z",
      "suspect": false,
      "sharesPerToken": null,
      "tradablePrice": false
    },
    {
      "ticker": "HOODon",
      "underlying": "HOOD",
      "name": "Robinhood",
      "issuer": "ondo",
      "mint": "BVdXGvmgi6A9oAiwWvBvP76fyTqcCNRJMM7zMN6ondo",
      "onChainPrice": 80.9576,
      "underlyingPrice": 83.485,
      "premiumPct": -3.027,
      "liquidityUsd": 0,
      "priceChange24hPct": 0,
      "underlyingAsOf": "2026-11-12T18:55:23.743Z",
      "suspect": false,
      "sharesPerToken": null,
      "tradablePrice": false
    },
    {
      "ticker": "COINon",
      "underlying": "COIN",
      "name": "Coinbase",
      "issuer": "ondo",
      "mint": "5u6KDiNJXxX4rGMfYT4BApZQC5CuDNrG6MHkwp1ondo",
      "onChainPrice": 131.2497,
      "underlyingPrice": 133.145,
      "premiumPct": -1.424,
      "liquidityUsd": 0,
      "priceChange24hPct": -0.856,
      "underlyingAsOf": "2026-11-12T18:55:23.744Z",
      "suspect": false,
      "sharesPerToken": null,
      "tradablePrice": false
    },
    {
      "ticker": "GOOGLon",
      "underlying": "GOOGL",
      "name": "Alphabet",
      "issuer": "ondo",
      "mint": "bbahNA5vT9WJeYft8tALrH1LXWffjwqVoUbqYa1ondo",
      "onChainPrice": 294.5271,
      "underlyingPrice": 301.97,
      "premiumPct": -2.465,
      "liquidityUsd": 0,
      "priceChange24hPct": 0.553,
      "underlyingAsOf": "2026-11-12T18:55:23.745Z",
      "suspect": false,
      "sharesPerToken": 1.00246,
      "tradablePrice": false
    }
  ]
}
