Cost at size
What it costs to buy or to sell $1,000 or $10,000 of a tokenized stock right now: every token version of the stock, on four public blockchains, in the pools we read every 15 minutes. The lowest measured cost at each size in the latest reading, and every version beside it.
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Every stock at this size
How to read it
- Buy and sell
- What buying the size costs, or selling it, against the pool’s own price at that moment (its mid), fees and price impact included, in basis points: 1 bp is 0.01%, so 10 bp on $10,000 is $10. The sell is of the tokens the buy would get in the same pool, a little under the size at the pool’s price.
- Round trip
- Buying, then selling the same tokens straight back, both priced on the same reading of the pool: the cost recorders’ own figure.
- Lowest measured cost
- The lowest of the pools we read, at this size, in this reading. It is not a recommendation and not the lowest anywhere: order books and market makers’ quotes are not in it, and a reading can be 15 minutes old.
- Gap
- Between the version with the lowest cost and the version with the highest, each at its own lowest pool.
- Receipt
- Under each number: how many pools stand behind it, how old the oldest reading behind it is, whether it rests on one pool only, and the day whose proof list fingerprints the readings it comes from (stamped in Bitcoin the night after).
- Coverage
- The share of the known depth in dollar pools that we read, measured once on 1 November 2026, by issuer and chain. Not measured for Solana yet.
A version is one issuer’s token on one chain. A pool counts only if its own price moved (3 or more values, 0.1% or more apart, that UTC day or the day before), as in the cost index; a chain’s reading counts only if it is 45 minutes old or less. Times are UTC, with New York time beside. Facts only: no rating and no advice. Never a price.