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Marketmetis_0101M03EGHJ94DY0AC44v1

TSLAx trades +39.2bps above the TSLA reference price

Token price diverges 39.2bps from the reference equity price.

Confidence: moderate64%TSLAx

Summary

TSLAx trades at +39.2bps versus the TSLA reference price. Circulating supply is 229,638.135 tokens (+0% vs the prior observation). Tracked DEX liquidity totals $890,660 across ? pools. The five largest token accounts hold 44.6% of supply (pools and custodial accounts included). 24h DEX volume of $861,763 implies 0.97x 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

TSLAx trades at +39.2bps versus the TSLA reference price.

premium_bps = 39.2 bps (baseline 8.499)

Circulating supply is 229,638.135 tokens (+0% vs the prior observation).

supply_ui_amount = 229,638.135 tokens (baseline 229,638.135)

Tracked DEX liquidity totals $890,660 across ? pools.

liquidity_usd = 890,660 USD (baseline 879,459)

The five largest token accounts hold 44.6% of supply (pools and custodial accounts included).

top5_account_share = 0.446 ratio (baseline 0.446)

24h DEX volume of $861,763 implies 0.97x turnover of pooled liquidity.

volume_24h_usd = 861,763 USD

Thesis

The leading signal this cycle is premium divergence (Token price diverges 39.2bps from the reference equity price.) The measurements below are source-verified; interpretation is limited to what the evidence supports.

Claims

  • Factconfidence 95%

    TSLAx circulating supply is 229,638.135 tokens, verified against Solana RPC.

  • Calculationconfidence 90%

    TSLAx trades at +39.2bps versus the TSLA reference price ($342.968052544446 vs $341.63).

  • Factconfidence 88%

    Tracked DEX liquidity is $890,660 with $861,763 of 24h volume across 0 pools.

  • Hypothesisconfidence 50%

    The positive premium is consistent with net token demand while reference-market arbitrage is constrained; it should compress when primary-market redemption 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.

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 0.64 (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.
  • Sources unavailable this cycle: dexscreener: [dexscreener] HTTP 429 from https://api.dexscreener.com/latest/dex/tokens/XsDoVfqeBukxuZHWhdvWHBhgEHjGNst4MLodqsJHzoB.

Related research

This object elsewhere

sha256:6c8d7a993d380d24ce2c802d39ddabeb8353d90c56ec19c451d23b7f512da773

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.