How Tokenized Stocks Could Undercut Interactive Brokers' 77% Profit Margin
"Weekend price dislocation is a feature, not a bug," Cutler told me. đ
On the latest episode of Unchained, Alex Cutler
@wagmiAlexander and I discussed
@coinbase 's tokenized Apple, Nvidia, Meta, and Google shares on
@base : real 1:1-backed tokens held in trust, not synthetic wrappers, and how
@AerodromeFi grabbed roughly 25% of AMM volume on these assets within days.
Timestamps:
đĒ 01:15 How Cutler splits tokenized stocks: real backing vs synthetic wrappers
đ 04:44 Cutler's launch numbers: 25% of AMM volume, $80M traded, 5,000 wallets
đ§ 13:10 1inch Aqua: back multiple liquidity positions with one wallet balance at
đ§Š 13:59 Why composability across 9 DeFi protocols is Dromos' biggest draw
đ 19:11 Cutler on 24/5 oracle risk: weekend price gaps are a feature, not a bug
đī¸ 24:23 Cutler on the SEC exemption bid and Armstrong's 10%-of-GDP vision