{
  "dataset": "tokenized-stock-premium",
  "title": "Tokenized stock premium — on-chain price vs the underlying share",
  "url": "https://stackfi.io/tools/tokenized-stock-premium/",
  "asOf": "2026-09-20T06:17:13.247Z",
  "status": "fresh",
  "marketOpen": false,
  "marketState": "closed-weekend",
  "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 / sharesPerToken) / underlyingPrice - 1, taken at a single instant from the same source for both legs.",
    "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": -0.337,
    "widestPremium": {
      "ticker": "GLDx",
      "premiumPct": 0.402
    },
    "widestDiscount": {
      "ticker": "HOODx",
      "premiumPct": -1.961
    },
    "totalLiquidityUsd": 20431810
  },
  "rows": [
    {
      "ticker": "SPYx",
      "underlying": "SPY",
      "name": "S&P 500 ETF",
      "issuer": "xstocks",
      "mint": "XsoCS1TfEyfFhfvj8EtZ528L3CaKBDBRqRapnBbDF2W",
      "onChainPrice": 761.8632,
      "underlyingPrice": 761.69,
      "premiumPct": 0.023,
      "liquidityUsd": 6169190,
      "priceChange24hPct": 0.061,
      "underlyingAsOf": "2026-09-20T06:15:49.646Z",
      "suspect": false,
      "sharesPerToken": 1.003909,
      "tradablePrice": true
    },
    {
      "ticker": "NVDAx",
      "underlying": "NVDA",
      "name": "NVIDIA",
      "issuer": "xstocks",
      "mint": "Xsc9qvGR1efVDFGLrVsmkzv3qi45LTBjeUKSPmx9qEh",
      "onChainPrice": 220.4061,
      "underlyingPrice": 222.53,
      "premiumPct": -0.954,
      "liquidityUsd": 2099075,
      "priceChange24hPct": -0.69,
      "underlyingAsOf": "2026-09-20T06:15:53.946Z",
      "suspect": false,
      "sharesPerToken": 1.000918,
      "tradablePrice": true
    },
    {
      "ticker": "CRCLx",
      "underlying": "CRCL",
      "name": "Circle",
      "issuer": "xstocks",
      "mint": "XsueG8BtpquVJX9LVLLEGuViXUungE6WmK5YZ3p3bd1",
      "onChainPrice": 89.8744,
      "underlyingPrice": 91.59,
      "premiumPct": -1.873,
      "liquidityUsd": 2062012,
      "priceChange24hPct": -1.868,
      "underlyingAsOf": "2026-09-20T06:15:42.734Z",
      "suspect": false,
      "sharesPerToken": null,
      "tradablePrice": true
    },
    {
      "ticker": "QQQx",
      "underlying": "QQQ",
      "name": "Nasdaq 100 ETF",
      "issuer": "xstocks",
      "mint": "Xs8S1uUs1zvS2p7iwtsG3b6fkhpvmwz4GYU3gWAmWHZ",
      "onChainPrice": 719.0581,
      "underlyingPrice": 722.05,
      "premiumPct": -0.414,
      "liquidityUsd": 1892381,
      "priceChange24hPct": -0.145,
      "underlyingAsOf": "2026-09-20T06:14:13.375Z",
      "suspect": false,
      "sharesPerToken": 1.002725,
      "tradablePrice": true
    },
    {
      "ticker": "COINx",
      "underlying": "COIN",
      "name": "Coinbase",
      "issuer": "xstocks",
      "mint": "Xs7ZdzSHLU9ftNJsii5fCeJhoRWSC32SQGzGQtePxNu",
      "onChainPrice": 192.0703,
      "underlyingPrice": 194.6,
      "premiumPct": -1.3,
      "liquidityUsd": 1346874,
      "priceChange24hPct": -0.927,
      "underlyingAsOf": "2026-09-20T06:14:33.973Z",
      "suspect": false,
      "sharesPerToken": null,
      "tradablePrice": true
    },
    {
      "ticker": "TSLAx",
      "underlying": "TSLA",
      "name": "Tesla",
      "issuer": "xstocks",
      "mint": "XsDoVfqeBukxuZHWhdvWHBhgEHjGNst4MLodqsJHzoB",
      "onChainPrice": 363.045,
      "underlyingPrice": 364.18,
      "premiumPct": -0.312,
      "liquidityUsd": 1253748,
      "priceChange24hPct": -0.379,
      "underlyingAsOf": "2026-09-20T06:15:54.448Z",
      "suspect": false,
      "sharesPerToken": null,
      "tradablePrice": true
    },
    {
      "ticker": "HOODx",
      "underlying": "HOOD",
      "name": "Robinhood",
      "issuer": "xstocks",
      "mint": "XsvNBAYkrDRNhA7wPHQfX3ZUXZyZLdnCQDfHZ56bzpg",
      "onChainPrice": 117.5587,
      "underlyingPrice": 119.91,
      "premiumPct": -1.961,
      "liquidityUsd": 1137575,
      "priceChange24hPct": -1.491,
      "underlyingAsOf": "2026-09-20T06:14:10.175Z",
      "suspect": false,
      "sharesPerToken": null,
      "tradablePrice": true
    },
    {
      "ticker": "MSTRx",
      "underlying": "MSTR",
      "name": "MicroStrategy",
      "issuer": "xstocks",
      "mint": "XsP7xzNPvEHS1m6qfanPUGjNmdnmsLKEoNAnHjdxxyZ",
      "onChainPrice": 153.5629,
      "underlyingPrice": 153.1907,
      "premiumPct": 0.243,
      "liquidityUsd": 1127720,
      "priceChange24hPct": -0.988,
      "underlyingAsOf": "2026-09-20T06:14:13.974Z",
      "suspect": false,
      "sharesPerToken": null,
      "tradablePrice": true
    },
    {
      "ticker": "GLDx",
      "underlying": "GLD",
      "name": "Gold ETF",
      "issuer": "xstocks",
      "mint": "Xsv9hRk1z5ystj9MhnA7Lq4vjSsLwzL2nxrwmwtD3re",
      "onChainPrice": 402.7822,
      "underlyingPrice": 401.17,
      "premiumPct": 0.402,
      "liquidityUsd": 1105360,
      "priceChange24hPct": 0.164,
      "underlyingAsOf": "2026-09-20T06:15:41.632Z",
      "suspect": false,
      "sharesPerToken": null,
      "tradablePrice": true
    },
    {
      "ticker": "AAPLx",
      "underlying": "AAPL",
      "name": "Apple",
      "issuer": "xstocks",
      "mint": "XsbEhLAtcf6HdfpFZ5xEMdqW8nfAvcsP5bdudRLJzJp",
      "onChainPrice": 333.6579,
      "underlyingPrice": 334.875,
      "premiumPct": -0.363,
      "liquidityUsd": 596864,
      "priceChange24hPct": -0.149,
      "underlyingAsOf": "2026-09-20T06:15:43.832Z",
      "suspect": false,
      "sharesPerToken": 1.002664,
      "tradablePrice": true
    },
    {
      "ticker": "MSFTx",
      "underlying": "MSFT",
      "name": "Microsoft",
      "issuer": "xstocks",
      "mint": "XspzcW1PRtgf6Wj92HCiZdjzKCyFekVD8P5Ueh3dRMX",
      "onChainPrice": 494.6024,
      "underlyingPrice": 493.99,
      "premiumPct": 0.124,
      "liquidityUsd": 577007,
      "priceChange24hPct": 0.091,
      "underlyingAsOf": "2026-09-20T06:15:28.333Z",
      "suspect": false,
      "sharesPerToken": 1.004582,
      "tradablePrice": true
    },
    {
      "ticker": "GOOGLx",
      "underlying": "GOOGL",
      "name": "Alphabet",
      "issuer": "xstocks",
      "mint": "XsCPL9dNWBMvFtTmwcCA5v3xWPSMEBCszbQdiLLq6aN",
      "onChainPrice": 350.8951,
      "underlyingPrice": 350.858,
      "premiumPct": 0.011,
      "liquidityUsd": 422677,
      "priceChange24hPct": 0.574,
      "underlyingAsOf": "2026-09-20T06:15:11.634Z",
      "suspect": false,
      "sharesPerToken": 1.001927,
      "tradablePrice": true
    },
    {
      "ticker": "METAx",
      "underlying": "META",
      "name": "Meta",
      "issuer": "xstocks",
      "mint": "Xsa62P5mvPszXL1krVUnU5ar38bBSVcWAB6fmPCo5Zu",
      "onChainPrice": 667.2563,
      "underlyingPrice": 668.51,
      "premiumPct": -0.188,
      "liquidityUsd": 389942,
      "priceChange24hPct": -0.196,
      "underlyingAsOf": "2026-09-20T06:14:43.174Z",
      "suspect": false,
      "sharesPerToken": 1.002298,
      "tradablePrice": true
    },
    {
      "ticker": "AMZNx",
      "underlying": "AMZN",
      "name": "Amazon",
      "issuer": "xstocks",
      "mint": "Xs3eBt7uRfJX8QUs4suhyU8p2M6DoUDrJyWBa8LLZsg",
      "onChainPrice": 253.2612,
      "underlyingPrice": 254.25,
      "premiumPct": -0.389,
      "liquidityUsd": 237274,
      "priceChange24hPct": -0.275,
      "underlyingAsOf": "2026-09-20T06:15:28.136Z",
      "suspect": false,
      "sharesPerToken": null,
      "tradablePrice": true
    },
    {
      "ticker": "SPYon",
      "underlying": "SPY",
      "name": "S&P 500 ETF",
      "issuer": "ondo",
      "mint": "k18WJUULWheRkSpSquYGdNNmtuE2Vbw1hpuUi92ondo",
      "onChainPrice": 762.5777,
      "underlyingPrice": 761.69,
      "premiumPct": 0.117,
      "liquidityUsd": 9197,
      "priceChange24hPct": 0.225,
      "underlyingAsOf": "2026-09-20T06:15:49.646Z",
      "suspect": false,
      "sharesPerToken": 1.009473,
      "tradablePrice": false
    },
    {
      "ticker": "GLDon",
      "underlying": "GLD",
      "name": "Gold ETF",
      "issuer": "ondo",
      "mint": "hWfiw4mcxT8rnNFkk6fsCQSxoxgZ9yVhB6tyeVcondo",
      "onChainPrice": 402.5317,
      "underlyingPrice": 401.17,
      "premiumPct": 0.339,
      "liquidityUsd": 1712,
      "priceChange24hPct": 0,
      "underlyingAsOf": "2026-09-20T06:15:41.632Z",
      "suspect": false,
      "sharesPerToken": null,
      "tradablePrice": false
    },
    {
      "ticker": "METAon",
      "underlying": "META",
      "name": "Meta",
      "issuer": "ondo",
      "mint": "fDxs5y12E7x7jBwCKBXGqt71uJmCWsAQ3Srkte6ondo",
      "onChainPrice": 670.0334,
      "underlyingPrice": 668.51,
      "premiumPct": 0.228,
      "liquidityUsd": 1023,
      "priceChange24hPct": -1.359,
      "underlyingAsOf": "2026-09-20T06:14:43.174Z",
      "suspect": false,
      "sharesPerToken": 1.002279,
      "tradablePrice": false
    },
    {
      "ticker": "AAPLon",
      "underlying": "AAPL",
      "name": "Apple",
      "issuer": "ondo",
      "mint": "123mYEnRLM2LLYsJW3K6oyYh8uP1fngj732iG638ondo",
      "onChainPrice": 335.445,
      "underlyingPrice": 334.875,
      "premiumPct": 0.17,
      "liquidityUsd": 885,
      "priceChange24hPct": 0.276,
      "underlyingAsOf": "2026-09-20T06:15:43.832Z",
      "suspect": false,
      "sharesPerToken": 1.003376,
      "tradablePrice": false
    },
    {
      "ticker": "NVDAon",
      "underlying": "NVDA",
      "name": "NVIDIA",
      "issuer": "ondo",
      "mint": "gEGtLTPNQ7jcg25zTetkbmF7teoDLcrfTnQfmn2ondo",
      "onChainPrice": 222.6113,
      "underlyingPrice": 222.53,
      "premiumPct": 0.037,
      "liquidityUsd": 491,
      "priceChange24hPct": 0.514,
      "underlyingAsOf": "2026-09-20T06:15:53.946Z",
      "suspect": false,
      "sharesPerToken": 1.001715,
      "tradablePrice": false
    },
    {
      "ticker": "QQQon",
      "underlying": "QQQ",
      "name": "Nasdaq 100 ETF",
      "issuer": "ondo",
      "mint": "HrYNm6jTQ71LoFphjVKBTdAE4uja7WsmLG8VxB8ondo",
      "onChainPrice": 716.208,
      "underlyingPrice": 722.05,
      "premiumPct": -0.809,
      "liquidityUsd": 259,
      "priceChange24hPct": -6.741,
      "underlyingAsOf": "2026-09-20T06:14:13.375Z",
      "suspect": false,
      "sharesPerToken": 1.003353,
      "tradablePrice": false
    },
    {
      "ticker": "CRCLon",
      "underlying": "CRCL",
      "name": "Circle",
      "issuer": "ondo",
      "mint": "6xHEyem9hmkGtVq6XGCiQUGpPsHBaoYuYdFNZa5ondo",
      "onChainPrice": 90.0978,
      "underlyingPrice": 91.59,
      "premiumPct": -1.629,
      "liquidityUsd": 207,
      "priceChange24hPct": -1.862,
      "underlyingAsOf": "2026-09-20T06:15:42.734Z",
      "suspect": false,
      "sharesPerToken": null,
      "tradablePrice": false
    },
    {
      "ticker": "AMZNon",
      "underlying": "AMZN",
      "name": "Amazon",
      "issuer": "ondo",
      "mint": "14Tqdo8V1FhzKsE3W2pFsZCzYPQxxupXRcqw9jv6ondo",
      "onChainPrice": 253.9573,
      "underlyingPrice": 254.25,
      "premiumPct": -0.115,
      "liquidityUsd": 183,
      "priceChange24hPct": -3.65,
      "underlyingAsOf": "2026-09-20T06:15:28.136Z",
      "suspect": false,
      "sharesPerToken": null,
      "tradablePrice": false
    },
    {
      "ticker": "MSFTon",
      "underlying": "MSFT",
      "name": "Microsoft",
      "issuer": "ondo",
      "mint": "FRmH6iRkMr33DLG6zVLR7EM4LojBFAuq6NtFzG6ondo",
      "onChainPrice": 494.8465,
      "underlyingPrice": 493.99,
      "premiumPct": 0.173,
      "liquidityUsd": 118,
      "priceChange24hPct": -1.448,
      "underlyingAsOf": "2026-09-20T06:15:28.333Z",
      "suspect": false,
      "sharesPerToken": 1.005731,
      "tradablePrice": false
    },
    {
      "ticker": "GOOGLon",
      "underlying": "GOOGL",
      "name": "Alphabet",
      "issuer": "ondo",
      "mint": "bbahNA5vT9WJeYft8tALrH1LXWffjwqVoUbqYa1ondo",
      "onChainPrice": 350.2095,
      "underlyingPrice": 350.858,
      "premiumPct": -0.185,
      "liquidityUsd": 36,
      "priceChange24hPct": -0.56,
      "underlyingAsOf": "2026-09-20T06:15:11.634Z",
      "suspect": false,
      "sharesPerToken": 1.00246,
      "tradablePrice": false
    },
    {
      "ticker": "TSLAon",
      "underlying": "TSLA",
      "name": "Tesla",
      "issuer": "ondo",
      "mint": "KeGv7bsfR4MheC1CkmnAVceoApjrkvBhHYjWb67ondo",
      "onChainPrice": 366.352,
      "underlyingPrice": 364.18,
      "premiumPct": 0.596,
      "liquidityUsd": 0,
      "priceChange24hPct": 0.714,
      "underlyingAsOf": "2026-09-20T06:15:54.448Z",
      "suspect": false,
      "sharesPerToken": null,
      "tradablePrice": false
    },
    {
      "ticker": "MSTRon",
      "underlying": "MSTR",
      "name": "MicroStrategy",
      "issuer": "ondo",
      "mint": "FSz4ouiqXpHuGPcpacZfTzbMjScoj5FfzHkiyu2ondo",
      "onChainPrice": 153.6629,
      "underlyingPrice": 153.1907,
      "premiumPct": 0.308,
      "liquidityUsd": 0,
      "priceChange24hPct": -1.321,
      "underlyingAsOf": "2026-09-20T06:14:13.974Z",
      "suspect": false,
      "sharesPerToken": null,
      "tradablePrice": false
    },
    {
      "ticker": "HOODon",
      "underlying": "HOOD",
      "name": "Robinhood",
      "issuer": "ondo",
      "mint": "BVdXGvmgi6A9oAiwWvBvP76fyTqcCNRJMM7zMN6ondo",
      "onChainPrice": 120.0638,
      "underlyingPrice": 119.91,
      "premiumPct": 0.128,
      "liquidityUsd": 0,
      "priceChange24hPct": 0,
      "underlyingAsOf": "2026-09-20T06:14:10.175Z",
      "suspect": false,
      "sharesPerToken": null,
      "tradablePrice": false
    },
    {
      "ticker": "COINon",
      "underlying": "COIN",
      "name": "Coinbase",
      "issuer": "ondo",
      "mint": "5u6KDiNJXxX4rGMfYT4BApZQC5CuDNrG6MHkwp1ondo",
      "onChainPrice": 192.8101,
      "underlyingPrice": 194.6,
      "premiumPct": -0.92,
      "liquidityUsd": 0,
      "priceChange24hPct": -1.141,
      "underlyingAsOf": "2026-09-20T06:14:33.973Z",
      "suspect": false,
      "sharesPerToken": null,
      "tradablePrice": false
    }
  ]
}
