Coinbase stock tokens top $1B in volume, but pool liquidity stays thin
- —Cumulative volume in Coinbase stock tokens on Base hit $1.02 billion, with tokenized value at $19.82 million
- —Selling $100,000 of a token produced quote gaps of 0.06% to 0.71% versus KyberSwap's own valuation
- —The ten Aerodrome stock/USDC pools held $12.97 million combined, from $818,700 (MSFTc) to $2.11 million (NVDAc)
- —Tokens trade outside US equity hours while the Chainlink equity feed holds its last value
Why it matters: Accumulated volume does not equal exit liquidity: if provider capital or AERO votes shift, slippage on large sells can widen sharply.
Source: CryptoSlate