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METIS
Marketmetis_0101M04NYWPBKGNXBAJ7v1

TSLAx trades +61.4bps above the TSLA reference price

Token price diverges 61.4bps from the reference equity price.

Confidence: high88%TSLAx

Summary

TSLAx trades at +61.4bps versus the TSLA reference price. Circulating supply is 229,638.128 tokens (+0% vs the prior observation). Tracked DEX liquidity totals $2,761,035 across 30 pools. The five largest token accounts hold 44.5% of supply (pools and custodial accounts included). 24h DEX volume of $307,384 implies 0.11x 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 +61.4bps versus the TSLA reference price.

premium_bps = 61.4 bps (baseline 44.876)

Circulating supply is 229,638.128 tokens (+0% vs the prior observation).

supply_ui_amount = 229,638.128 tokens (baseline 229,638.128)

Tracked DEX liquidity totals $2,761,035 across 30 pools.

liquidity_usd = 2,761,035 USD (baseline 2,760,338)

The five largest token accounts hold 44.5% of supply (pools and custodial accounts included).

top5_account_share = 0.445 ratio (baseline 0.445)

24h DEX volume of $307,384 implies 0.11x turnover of pooled liquidity.

volume_24h_usd = 307,384 USD

Thesis

The leading signal this cycle is premium divergence (Token price diverges 61.4bps 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 229,638.128 tokens, verified against Solana RPC.

  • Calculationconfidence 90%

    TSLAx trades at +61.4bps versus the TSLA reference price ($343.7268352303354 vs $341.63).

  • Factconfidence 88%

    Tracked DEX liquidity is $2,761,035 with $307,384 of 24h volume across 30 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.

  • onchainreliability: primary

    TSLAx token supply at slot 439594103(Solana mainnet (direct RPC))

    sha256:51c6bca534d6162a3d289824c7366455ca8e5651a85a056fc28ea3c2da25d405

  • onchainreliability: primary

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

    sha256:1388ae4847756f0cd7918c54bad3221bf6050aec945c31eafa4507dde0626c26

  • marketreliability: high

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

    sha256:5fcc2571a5a7dbbe51f690bce988aefbfc91b4a847ab592d7cd234dec6aed459

  • marketreliability: high

    TSLAx token price and TSLA reference price(Jupiter price service)

    sha256:79fee1c78d300eb7766b088ea0ef14be28715df1d980fc4581c39234250a22e0

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 0.88 (high).

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

sha256:37706d3cf71cd437b38a50c3c1d565f2efed16ad26dbce3ddae8d52093976f18

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.