Amazon.com xStock price

xStocks: A more liquid and flexible tokenized US stock channel Since the launch of the new xStocks section on Gate in early July, the first batch of 8 tokenized US stocks, including: COINX, NVDAX, CRCLX, AAPLX, METAX, HOODX, TSLAX, and GOOGLX, has accumulated a considerable trading volume in a short period, allowing us to easily invest in global leading companies using USDT. Currently, xStocks supports both spot trading and 1-10x perpetual contracts, enabling market makers to hedge across markets and enhance their quoting willingness. Tokenized stocks naturally inherit the 24/7 trading mechanism of the crypto market, with a minimum trading unit as low as 0.01 shares, allowing more small orders to gather on the order book, thus maintaining relatively continuous liquidity even during after-hours trading, avoiding significant price gaps and sudden drops in depth. According to the official announcement, all tokens are collateralized and held at a 1:1 ratio with the underlying stocks, and all are settled in USDT, reducing cross-currency arbitrage friction. As of July 8, the cumulative spot trading volume in the xStocks section has exceeded $200 million; according to data from Dune's on-chain dashboard on July 7, the total number of token transfer events on-chain (on-chain transfer count ≠ matched transaction count) was 17,013; this data is relatively suitable for measuring token activity. Based on the snapshot from CoinMarketCap on July 8, I compiled the order book depth and the trading volume (in USDT) for all 8 trading pairs in the xStocks section over the past 24 hours as follows: Note: The snapshot only represents a single point in time. Since market makers typically refresh quotes around the pre-market and post-market hours of US stocks, the depth during the Asian time zone when US stocks are closed may be relatively thin, and slippage may increase. It is recommended to pay attention to the trend of ±1% depth changes; when the +1% depth continues to grow and exceeds 500,000 USDT, it indicates that liquidity is gradually improving. 🚩 Necessary risk warnings: 1. Due to market maker inventory and cross-time zone quoting, token prices may temporarily deviate from the underlying stocks; be aware of basis fluctuations and avoid high leverage overnight positions; 2. During US stock market closure periods (UTC +0 early morning hours), market maker inventory updates are slow, and depth may be slightly thinner than during US stock market opening times; 🚩 How to verify slippage / price difference yourself: 1. API order book, pull depth at 0.01% to 1% levels through the API interface to calculate impact costs. 2. Small test orders, observe the deviation between the actual transaction average price and mid price using the same amount of market orders at different times (before and after US stock market opening, weekends). The above data indicates that the market depth and 24h trading volume of the first batch of tokenized US stocks in xStocks have already surpassed the early levels of most similar platforms. However, for large operations, it is still advisable to split orders or use limit orders and pay attention to the impact of US stock trading hours on order book thickness. xStocks provides a new bridge for investors who wish to allocate global stocks within their crypto accounts while valuing liquidity; however, friends still need to fully understand the accompanying risks such as basis and leverage, reasonably control their positions, and avoid viewing it as a simple substitute for traditional stocks.

A new day, a new way to track xStocks Birdeye offers a comprehensive view of onchain tokenized stocks, including prices, trades and dividends. Keep your eyes peeled.

#RWA The RWA sector has always been a key area of investment for us. In the past two years, the tokenization of US Treasury bonds has been booming, and now the tokenization of US stocks is becoming the new trend. Our research team has recently discovered a new RWA opportunity: #xStocks ( @xStocksFi) is officially launching on #Bybit ( @Bybit_Official). In simple terms, it’s about bringing the US stocks we are familiar with (like Apple, Tesla, Nvidia, and other blue-chip stocks) onto the blockchain, turning them into tokens that can be traded like regular cryptocurrencies using USD. This will be a massive transformation, serving as a bridge between traditional stocks and the crypto world. Why am I optimistic about this? 1️⃣ The advantages of traditional stocks + blockchain have come together. Previously, to buy US stocks, we had to open a US stock account, convert currency, deal with time zone differences, pay fees, and worry about tax audits (recently, Futu has been tightening its grip, and overseas accounts are under increasing scrutiny). However, #xStocks is different; it’s tokenized stocks that can be purchased directly with USDT, allowing for 24/7 trading without missing any news or market movements. Moreover, it is backed by real stocks, not futures or synthetic assets, but truly 1:1 tokens backed by actual stocks. The issuance is done by Backed Finance, which has complied with the European MiFID II prospectus requirements, and the assets are held by Swiss and US regulatory bodies, providing a solid foundation. 2️⃣ Play on-chain and access #DeFi. With these #xStocks, you can not only hold them for appreciation (like long-term investing in real stocks) but also use them in #DeFi scenarios for collateral, lending, arbitrage, and yield strategies. This is incredibly friendly for us Web3 veterans, essentially allowing us to earn on both ends—having the fundamentals of real stocks while engaging in on-chain activities. For example, I can lend out my #AAPL (APPLX) to earn interest or use it as collateral to borrow stablecoins for other investments, significantly increasing liquidity and capital efficiency. 3️⃣ #Bybit as a trading platform is very reliable. #Bybit already has good liquidity and a user-friendly interface, and now with the introduction of #xStocks, it has become our new gateway for trading US stocks on-chain. No need to go through brokers to open accounts, no worries about currency restrictions; if you have USDT, you can get in, with the same trading interface as traditional cryptocurrencies, greatly lowering the barrier to entry. For users in the crypto space, we can finally "trade US stocks" in a familiar environment. Plus, it’s 24/7 trading, which is a huge improvement compared to the traditional stock market that only operates for 6.5 hours a day. 4️⃣ The potential goes far beyond US stocks. Currently, the "Seven Golden Flowers" (#AAPL, #TSLA, #NVDA, #META, #AMZN, etc.) are being launched along with some crypto-related companies (#MSTR, #HOOD, #CRCL). This is just the beginning. In the future, RWA tokenization is a major trend, with real estate, bonds, and commodities likely to become on-chain assets. According to data, the RWA market has already exceeded $24 billion this year, with a year-end target of $50 billion. BlackRock's CEO Larry Fink has also personally endorsed it, stating that tokenization is "the future of financial infrastructure." This essentially tells us that this sector is not just a trend; it’s a wave. 5️⃣ How to participate in purchasing US stocks on #Bybit. 1. Log in or create a #Bybit account and complete the necessary KYC verification. Registration link🔗: 2. Click on #Bybit spot trading. Use the code to search for the desired #xStock tokens (the first ten stocks listed are: COINX, NVDAX, CRCLX, APPLX, HOODX, METAX, GOOGLX, AMZNX, TSLAX, MCDX). 3. The operation logic is exactly the same as traditional cryptocurrency trading. In summary, this collaboration between #Bybit and #xStocks represents a significant leap forward in RWA development, making it easier and more convenient for ordinary cryptocurrency investors to enter the wave of US stock investment without any barriers. It allows for a full integration of crypto alpha opportunities with US stock beta opportunities, effectively hedging risks and achieving considerable returns. This will be a massive upgrade in financial tools—those who get in early will have the first-mover advantage. 🧐

xStocks @xStocksFi is a tokenized stock issuance platform. All xStocks tokens are freely transferable and supported by @BackedFi; Currently, xStocks supports @krakenfx @Bybit_Official @phantom @RaydiumProtocol @JupiterExchange @KaminoFinance; xStocks anchors real stocks 1:1 as on-chain tokens, with the stocks held by regulated custodians (such as the custodian in Jersey), ensuring compliance and asset security. The custodian is responsible for ensuring the 1:1 correspondence between the on-chain tokens and the actual stocks. Currently, xStocks supports over 50 tokenized stocks and ETFs, including popular assets like Apple (AAPLx), Tesla (TSLAx), Nvidia (NVDAx), Amazon (AMZNx), and more.