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2xnmore
@2xnmore
MSc | Altcoin Analyst • AI • RWA | Seeing what the market hasn’t priced in yet
Joined May 2021
993 Following    45.4K Followers
While Wall Street was closed this weekend, someone still paid $997,593 in costs to trade $1 million of Micron stock. On Ondo, the exact same trade cost $5,707. That's not a typo. That's what happens when a market has to fake liquidity it doesn't actually have. Traditional exchanges shut down on weekends. So anyone trading tokenised versions of those stocks elsewhere is trading against thin, stale order books. The spreads blow out because there's no real depth behind the price. Ondo tested this directly on the same $1M trade: META: $5,773 on Ondo vs $975,731 elsewhere. GOOGL: $5,696 vs $913,606. Same asset. Same moment. Roughly 170x cheaper. This is the actual test of "24/7 markets." Not whether a platform is technically open on Saturday. Whether it can execute size without falling apart when the rest of the world's liquidity goes home. Real liquidity doesn't clock out. Most of the market just hasn't been built to prove it yet.
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