Stonkpile/Backpack/no 24/7 oracle
1 coins are priced in Arm Holdings.
ARM is doing $7 of 24-hour volume as a quote asset, across $5k of liquidity. These are the coins using it as their unit of account.
ARM contractcheck it on Solscan
Is ARM what it says it is?
Five arithmetic checks on the tokenized stock itself, before you look at anything quoted against it.
Metadata is served from Backpack's own domain, which is how this index separates real tokenized stocks from the hundreds of lookalikes that simply put the name in their title.
Very thin. Expect significant slippage on anything but small orders.
Pyth only publishes ARM during the US session. Once the closing bell goes there is no independent reference price, and that is when on-chain quotes drift furthest from fair value.
A single pool. If it is pulled, there is nowhere else to exit.
Modest holder base for a tokenized equity.
These are arithmetic checks on public data, not advice. They tell you what the numbers look like, not what to do about them.
What is priced in it
Turnover is 24-hour volume divided by the liquidity behind it. Anything far above about 5x is churning faster than real demand usually does. Each row carries the coin’s contract address so you can copy the right one. It identifies the coin and says nothing about whether it is any good.
| Coin | Venue | Liquidity | 24h volume | Turnover | 24h |
|---|---|---|---|---|---|
| 1 ARM | raydium | $5k | $7 | 0.0x | — |
The biggest one: ARM
ARM is the largest coin quoted against ARM right now. Same checks, applied to it.
Volume is proportionate to the liquidity behind it, which is what organic trading looks like.
Almost no depth. You may not be able to sell what you buy.
Still new. Not enough history to judge.
These are arithmetic checks on public data, not advice. They tell you what the numbers look like, not what to do about them.
