Time for another base:0xb200000000000000000000cfbdf64a8706a94a01 onchain stock volume update:
Ran a quick codex scan for the past 7 days of onchain equity volume on
@coinbase and found that
@o1bluechip continues to quietly become a meaningful piece of NVDAc’s market.
In fact, the humble chip is now the #
2# NVDAc liquidity venue, behind only the main NVDAc/USDC
@aeroxyz pool, with over $445K in liquidity vs. $2.26M for Aero.
And that liquidity is getting used too.
BLUECHIP continues to drive roughly 15% of ALL NVDAc trading volume, or about 1 in every 7 dollars traded into that onchain stock.
Think about how wild that is for a second…
A memecoin paired against a stock has become one of that stock’s largest liquidity venues onchain AND is consistently driving a meaningful percentage of its total volume too.
As I emphasized during our
@buildonbase Round Table spaces with
@saxenasaheb earlier today, stock-paired memes on
@base are definitely pulling their weight.
You might say they’re…
really chipping in. 🔷