Sam Schubert(@minnus):Small tokenised stock trades expose a very important cost gap imo In our Sep 3 to 16 $MU sample, $1–$100 orders averaged 0.12% in measured all-in costs for @Backpack tokens on @solana, versus 5.42% on Robinhood Chain. For $100–$1k orders, it was 1.6 bps versus 43.7 bps. These costs are measured against MU’s stock midpoint and include embedded DEX fees plus actual network charges. Global stock access needs affordable execution, and that’s where Solana will continue to have its edge for some time

Sam Schubert

@minnus

@Blockworks_ @blockworksres | prev @Citi | views are my own

Joined May 2023

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Sam Schubert@minnus

2026.09.21 09:27

Small tokenised stock trades expose a very important cost gap imo In our Sep 3 to 16 $MU sample, $1–$100 orders averaged 0.12% in measured all-in costs for @Backpack tokens on @solana, versus 5.42% on Robinhood Chain. For $100–$1k orders, it was 1.6 bps versus 43.7 bps. These costs are measured against MU’s stock midpoint and include embedded DEX fees plus actual network charges. Global stock access needs affordable execution, and that’s where Solana will continue to have its edge for some time