Stonkpile/Backpack

22 coins are priced in iShares MSCI South Korea ETF.

EWY is doing $29k of 24-hour volume as a quote asset, across $12k of liquidity. These are the coins using it as their unit of account.

EWY contractcheck it on Solscan

Is EWY what it says it is?

Five arithmetic checks on the tokenized stock itself, before you look at anything quoted against it.

IssuerBackpack

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.

Liquidity$63k

Thin. Larger orders will slip noticeably against you.

Reference price24/7

Pyth publishes an always-on price for EWY, so there is something independent to check the on-chain price against at any hour.

Venues2 DEXes

Only two venues. Liquidity is concentrated.

Holders1,314

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.

CoinVenueLiquidity24h volumeTurnover24h
1 Fakerraydium$8k$28k3.6x-72.0%
2 개미raydium$4k$9670.2x-28.3%
3 백마raydium$215$00.0x-0.7%
4 bukangipumpfun—$0——
5 bukangipumpfun—$0——
6 bukangipumpfun—$0——
7 bukangipumpfun—$0——
8 bukangipumpfun—$0——
9 bukangipumpfun—$0——
10 bukangipumpfun—$0——

The biggest one: Faker

Faker is the largest coin quoted against EWY right now. Same checks, applied to it.

Turnover3.6x

Volume is proportionate to the liquidity behind it, which is what organic trading looks like.

Liquidity$8k

Almost no depth. You may not be able to sell what you buy.

Pair age1d

Created in the last week. The overwhelming majority of pools this young go to zero.

These are arithmetic checks on public data, not advice. They tell you what the numbers look like, not what to do about them.

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