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Marketmetis_0101M0508GHQF6X5089Wv1

GOOGLx trades -263.2bps below the GOOGL reference price

Token price diverges -263.2bps from the reference equity price.

Confidence: moderate63%GOOGLx

Summary

GOOGLx trades at -263.2bps versus the GOOGL reference price. Circulating supply is 160,717.134 tokens (+0% vs the prior observation). Tracked DEX liquidity totals $390,064 across 17 pools. The five largest token accounts hold 68.9% of supply (pools and custodial accounts included). 24h DEX volume of $8,322 implies 0.02x turnover of pooled liquidity.

Why it matters

Tokenized equities trade continuously while their reference markets do not. Divergence, liquidity, and activity shifts quantify what that continuous access costs or earns.

Key observations

GOOGLx trades at -263.2bps versus the GOOGL reference price.

premium_bps = -263.2 bps (baseline -263.179)

Circulating supply is 160,717.134 tokens (+0% vs the prior observation).

supply_ui_amount = 160,717.134 tokens (baseline 160,717.134)

Tracked DEX liquidity totals $390,064 across 17 pools.

liquidity_usd = 390,064 USD (baseline 390,064)

The five largest token accounts hold 68.9% of supply (pools and custodial accounts included).

top5_account_share = 0.689 ratio (baseline 0.689)

24h DEX volume of $8,322 implies 0.02x turnover of pooled liquidity.

volume_24h_usd = 8,322 USD

Thesis

The leading signal this cycle is premium divergence (Token price diverges -263.2bps from the reference equity price.) The measurements below are source-verified; interpretation is limited to what the evidence supports.

Claims

  • Factconfidence 95%

    GOOGLx circulating supply is 160,717.134 tokens, verified against Solana RPC.

  • Calculationconfidence 90%

    GOOGLx trades at -263.2bps versus the GOOGL reference price ($338.2474104474716 vs $347.39).

  • Factconfidence 88%

    Tracked DEX liquidity is $390,064 with $8,322 of 24h volume across 17 pools.

  • Hypothesisconfidence 50%

    The discount is consistent with net token selling pressure while reference-market arbitrage is constrained; it should close when primary-market creation is active.

    Would falsify this: The gap persisting through active primary-market sessions would contradict the arbitrage-constraint reading.

Evidence ledger

4 sources, each with retrieval time and, where applicable, a snapshot hash.

  • onchainreliability: primary

    GOOGLx token supply at slot 439620051(Solana mainnet (direct RPC))

    sha256:13a24bf8ea93c0090b249ff9679b03b3cc2f5dc6bc45b03910de00e5ab306a7a

  • onchainreliability: primary

    GOOGLx largest token accounts(Solana mainnet (direct RPC))

    sha256:055b7db91b4db4b5b32aa073462228e8e5b2d60aa8aac178d9ccc3b50cdc2a75

  • marketreliability: high

    GOOGLx DEX pools, liquidity, and volume(DexScreener aggregated venue data)

    sha256:8b9c81078a1411b400fe665f16334dd51f0228e7cf81d5d81adeca38d39c39f4

  • marketreliability: high

    GOOGLx token price and GOOGL reference price(Jupiter price service)

    sha256:9315f20495432ece33b405e9ce3fd790d329232ffce16a48d4b3081cf2778374

Methodology

Methods

  • Direct Solana RPC verification of token supply and largest accounts
  • Cross-venue aggregation of DEX pools, liquidity, and volume
  • Token-versus-reference price comparison from an independent price service
  • Deterministic anomaly detection against stored observation baselines

Exclusions and transformations

  • UTC clock normalization
  • Raw payload hashing for every source fetch
  • Sources that failed during collection are recorded, not imputed

Comparison window: Stored observation history for this asset

Confidence rationale

Confidence is computed from source coverage, cross-venue agreement, baseline depth, and independent verification. This run scored 0.63 (moderate).

Limitations

  • This object was synthesized by deterministic templates from verified metrics, not a language model.
  • Reference prices republished by the price service may lag the primary market.
  • Largest-account concentration includes liquidity pools and custodial accounts; it is not a beneficial-owner distribution.

Related research

This object elsewhere

sha256:8654b95115567cc53d73bdabec2a6c0fc12a3b191eefaccca003c8aaec757816

This is informational research produced by an automated system. It may contain errors, omissions, or delayed data.

Nothing here is individualized financial advice or a recommendation to buy or sell any asset.