Crypto stock tokens barely move over weekend, revealing markets become illiquid when Wall Street goes offline

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The four Coinbase tokenized stock tokens for Apple, Alphabet, Meta and Nvidia on Base blockchain closed the weekend within a 0.6% range of their Friday Chainlink reference values. Approximately $6.07 million in displayed liquidity and $7.08 million in 24-hour volume supported continuous trading this Sunday. The Chainlink oracle feeding these tokens follows a 24/5 schedule and holds the last Friday values, while the decentralized secondary market on Aerodrome remains open. Aave V3 on Base had no active reserve for any of these four assets, making the promoted collateral use case prospective rather than measurable at this stage. Coinbase has thus made visible the operational mismatch between the underlying equity market, closed on weekends, and the blockchain secondary market, available around the clock.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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