Stock Market
By Bruce Buterin
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How AMMs and Tokenized Stocks Collide. Automated market makers — AMMs — aren't new. The technology has been around for years, powering…
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$425 Million in Daily Volume — and Growing Experiments. The numbers are hard to ignore. Launchpads like LONG have seen trading volumes for tokenized stock…
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Traders on Robinhood Chain pushed the HIMS token to $132.64. That's more than four times the $28.84 closing price of Hims & Hers stock on the NYSE. The culprit?
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It sounds absurd. And it kind of is. But it's also a pretty clear window into what decentralized finance actually looks like when you hand traders a blank canvas and zero…
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Not a bug, exactly. More like a feature nobody planned for.
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Automated market makers — AMMs — aren't new. The technology has been around for years, powering decentralized exchanges like Uniswap and Curve.
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The mechanics matter here. AMMs use algorithms to price assets based on the ratio of tokens sitting in a pool. No order book. No market maker picking up the phone.
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Angelo Aspris, described as a finance expert in the source, sees real opportunity in this. Per Aspris, tokenized stocks become versatile components in emerging DeFi markets — not…
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Reid Noch of TD Securities is more cautious. Noch thinks AMMs are intriguing compared to traditional systems, but the unconventional nature of these markets probably makes…
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Related: Cardano PRIME Offers Unprecedented $50 Grants for Every $1 Invested in DeFi Projects
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The numbers are hard to ignore. Launchpads like LONG have seen trading volumes for tokenized stock liquidity pools exceed $425 million in a single day. That's not a rounding error.
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Stablecoin and tokenized asset adoption across decentralized finance has grown sharply in recent years, and the push to bring real-world assets on-chain has attracted serious…
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And it won't be the last weird pairing. That's sort of the point.
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The BONER/HIMS situation is messy, speculative, and probably not what Hims & Hers investors want to see associated with their stock.
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Read also: Solana Shatters Record with Over 263,000 Tokens Minted in a Day
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