This week in tokenized stocks
Week 39, 2026
21–27 Sep 2026 (Monday 00:00 UTC to Sunday 24:00 UTC) In progress, as of
Numbers of the week
- Tokens tracked1,416+234 vs 2026-09-20snapshot
- Issuer programmes with live tokens9±0 vs 2026-09-20snapshot
- Trades observed24,519no comparison: partial weeksampled by the trade collector · 1,344 flagged suspect
- DeFi integrations179+19 vs 2026-09-20snapshot
Headlines
Material changes (model assessment) 8
A language model's reading of each detected document or on-chain diff. It is not a legal conclusion. The diff it read is on the change feed.
25 Sep 2026 · warning Step Finance hack and wind-down timeline: +81 -83 line(s) · keywords: eligibility, fee, redemption · Remora MarketsThe page now confirms the STEP/xSTEP claim window has fully closed and payouts were completed: "The claim window closed" (April 25, 2026) and "the claims process had ended and that payouts had been sent to everyone who filed an eligible claim." This means holders who missed the snapshot/claim period can no longer redeem or claim buyback proceeds, changing the practical redemption status relied on in the dossier's wind-down and insolvency scenarios.
model assessment · warning · Remora Markets
Step Finance hack and wind-down timeline: +81 -83 line(s) · keywords: eligibility, fee, redemption
The page now confirms the STEP/xSTEP claim window has fully closed and payouts were completed: "The claim window closed" (April 25, 2026) and "the claims process had ended and that payouts had been sent to everyone who filed an eligible claim." This means holders who missed the snapshot/claim period can no longer redeem or claim buyback proceeds, changing the practical redemption status relied on in the dossier's wind-down and insolvency scenarios.
The diff and the reading →25 Sep 2026 · warning ondo-global-markets:sources[10]: +10 -8 line(s) · keywords: redemption · Ondo Global MarketsThis API docs page now introduces a new product line, 'Ondo Intelligent Portfolios,' alongside Ondo Stocks, and changes the smart contract manager naming: Ondo Stocks now uses 'IGMTokenManager' while Intelligent Portfolios uses 'PortfolioTokenManager'. This changes contract/terminology references our dossier may rely on, though core mint/redeem mechanics for Ondo Stocks appear unchanged.
model assessment · warning · Ondo Global Markets
ondo-global-markets:sources[10]: +10 -8 line(s) · keywords: redemption
This API docs page now introduces a new product line, 'Ondo Intelligent Portfolios,' alongside Ondo Stocks, and changes the smart contract manager naming: Ondo Stocks now uses 'IGMTokenManager' while Intelligent Portfolios uses 'PortfolioTokenManager'. This changes contract/terminology references our dossier may rely on, though core mint/redeem mechanics for Ondo Stocks appear unchanged.
The diff and the reading →25 Sep 2026 · warning ondo-global-markets:sources[28]: +24 -24 line(s) · keywords: custody · Ondo Global MarketsNew disclosure clarifies BlackRock only provides nondiscretionary model portfolio strategies and has no advisory role, and explicitly states holders "have no right, title, interest, or claim in or to any of the funds or securities underlying any Onchain Portfolio" and that Tokens "do not represent any interest in the Underlying Funds." This reinforces that holders' claims are limited to the token issuer, not underlying assets—clarifying (and potentially narrowing understanding of) holder rights.
model assessment · warning · Ondo Global Markets
ondo-global-markets:sources[28]: +24 -24 line(s) · keywords: custody
New disclosure clarifies BlackRock only provides nondiscretionary model portfolio strategies and has no advisory role, and explicitly states holders "have no right, title, interest, or claim in or to any of the funds or securities underlying any Onchain Portfolio" and that Tokens "do not represent any interest in the Underlying Funds." This reinforces that holders' claims are limited to the token issuer, not underlying assets—clarifying (and potentially narrowing understanding of) holder rights.
The diff and the reading →24 Sep 2026 · warning [Wayback capture of 2026-09-18T13:57:22Z; live page refused us] republic-mirror: the quoted words for claim redemption.eligibility are no longer in Republic - rSPAX offering page. READ 2026-09-17 from Wayback snapshot 20250916201851 after the live URL again returned HTTP 403. THE single most informative document in this dossier: the two side-by-side offering panels and their disclaimers, the Contingent Payout Note definition, the $275 Reference Price sourced to Yahoo! Finance as of 9/2/25, the 10-year maturity, the Qualified Liquidity Event definition, the acceleration remedy and senior-unsecured ranking, the OpenDeal Inc. keepwell agreement, the "proceeds are not segregated or earmarked" answer, the Republic Wallet requirement, INX Digital as intended venue, the fee architecture, and the transfer-restriction nullity rule. · Republic MirrorThe offering page's per-token purchase price has changed from the previously quoted "Price per security $1.00" to a new stated price of "$2.50" per token, materially changing the economics of the investment while other sections (Qualified Liquidity Event, Reference Price $275, INX venue, Republic Wallet requirement) remain largely restated but with softer, less specific wording (e.g. INX now 'designed to be tradable...subject to market conditions').
model assessment · warning · Republic Mirror
[Wayback capture of 2026-09-18T13:57:22Z; live page refused us] republic-mirror: the quoted words for claim redemption.eligibility are no longer in Republic - rSPAX offering page. READ 2026-09-17 from Wayback snapshot 20250916201851 after the live URL again returned HTTP 403. THE single most informative document in this dossier: the two side-by-side offering panels and their disclaimers, the Contingent Payout Note definition, the $275 Reference Price sourced to Yahoo! Finance as of 9/2/25, the 10-year maturity, the Qualified Liquidity Event definition, the acceleration remedy and senior-unsecured ranking, the OpenDeal Inc. keepwell agreement, the "proceeds are not segregated or earmarked" answer, the Republic Wallet requirement, INX Digital as intended venue, the fee architecture, and the transfer-restriction nullity rule.
The offering page's per-token purchase price has changed from the previously quoted "Price per security $1.00" to a new stated price of "$2.50" per token, materially changing the economics of the investment while other sections (Qualified Liquidity Event, Reference Price $275, INX venue, Republic Wallet requirement) remain largely restated but with softer, less specific wording (e.g. INX now 'designed to be tradable...subject to market conditions').
The diff and the reading →24 Sep 2026 · warning [Wayback capture of 2026-09-18T13:05:44Z; live page refused us] republic-mirror: the quoted words for claim vocabulary.meetingOfMinds.value are no longer in Republic - RepublicX Mirror Token product page. READ 2026-09-17 from Wayback snapshot 20251012164756 after the live URL again returned HTTP 403 (Cloudflare). Source for: the "unsecured debt instrument" characterisation; the rSPAX card reading "Regulation D, 506(c)" and "Security type Contingent Payout Note"; the "no accreditation required ... via the Reg CF exemption" FAQ on the same page; the rule 206 testing-the-waters footnote; the 24-company reference grid with Live now / Reservations open / Filled statuses; and the "Investments custodied in your own wallets" benefits bullet. · Republic MirrorThe custody description changed from "Investments custodied in your own wallets" to "RepublicX Issues Republic issues tokens in your Republic wallets," suggesting tokens are now held in Republic-controlled wallets rather than the holder's own wallet. The liquidity description also shifted from Republic's secondary market/12-month lockup language to "Tokens being able to trade on INX," changing the disclosed trading venue. The reference-company grid statuses also changed (SpaceX no longer "Live now").
model assessment · warning · Republic Mirror
[Wayback capture of 2026-09-18T13:05:44Z; live page refused us] republic-mirror: the quoted words for claim vocabulary.meetingOfMinds.value are no longer in Republic - RepublicX Mirror Token product page. READ 2026-09-17 from Wayback snapshot 20251012164756 after the live URL again returned HTTP 403 (Cloudflare). Source for: the "unsecured debt instrument" characterisation; the rSPAX card reading "Regulation D, 506(c)" and "Security type Contingent Payout Note"; the "no accreditation required ... via the Reg CF exemption" FAQ on the same page; the rule 206 testing-the-waters footnote; the 24-company reference grid with Live now / Reservations open / Filled statuses; and the "Investments custodied in your own wallets" benefits bullet.
The custody description changed from "Investments custodied in your own wallets" to "RepublicX Issues Republic issues tokens in your Republic wallets," suggesting tokens are now held in Republic-controlled wallets rather than the holder's own wallet. The liquidity description also shifted from Republic's secondary market/12-month lockup language to "Tokens being able to trade on INX," changing the disclosed trading venue. The reference-company grid statuses also changed (SpaceX no longer "Live now").
The diff and the reading →24 Sep 2026 · critical remora-markets: the quoted words for claim redemption.eligibility are no longer in remora-markets:claims[65].url · Remora MarketsThe API now returns "The token ALTP6gug9wv5mFtx2tSU1YYZ1NrEc2chDdMPoJA8f8pu is not tradable" with errorCode "TOKEN_NOT_TRADABLE", instead of the previous "No routes found" error. This confirms holders still cannot redeem or swap the token via this route, reinforcing that the post-wind-down redemption path remains broken or unavailable.
model assessment · critical · Remora Markets
remora-markets: the quoted words for claim redemption.eligibility are no longer in remora-markets:claims[65].url
The API now returns "The token ALTP6gug9wv5mFtx2tSU1YYZ1NrEc2chDdMPoJA8f8pu is not tradable" with errorCode "TOKEN_NOT_TRADABLE", instead of the previous "No routes found" error. This confirms holders still cannot redeem or swap the token via this route, reinforcing that the post-wind-down redemption path remains broken or unavailable.
The diff and the reading →22 Sep 2026 · caution ondo-global-markets:claims[15].url: +12 -9 line(s) · keywords: redemption · Ondo Global MarketsThis change adds procedural requirements for onboarding (same email address must be used for Alpaca and Ondo accounts) and clarifies rate limits by splitting them into minimum per-request and maximum total per account. These are process/eligibility clarifications rather than changes to redemption mechanics or holder rights themselves.
model assessment · caution · Ondo Global Markets
ondo-global-markets:claims[15].url: +12 -9 line(s) · keywords: redemption
This change adds procedural requirements for onboarding (same email address must be used for Alpaca and Ondo accounts) and clarifies rate limits by splitting them into minimum per-request and maximum total per account. These are process/eligibility clarifications rather than changes to redemption mechanics or holder rights themselves.
The diff and the reading →21 Sep 2026 · warning shared:[47].website: +64 -58 line(s) · keywords: custody, eligibility, feeMarketing site now describes eligible US stocks as usable as collateral: "Use eligible US stocks, BTC, SOL and more as collateral", "Borrow against your shares or trade equity perps without selling them", while claiming holders "Keep your shares and your shareholder rights." This introduces a new leverage/collateral mechanic affecting stock holders' rights and risk exposure.
model assessment · warning
shared:[47].website: +64 -58 line(s) · keywords: custody, eligibility, fee
Marketing site now describes eligible US stocks as usable as collateral: "Use eligible US stocks, BTC, SOL and more as collateral", "Borrow against your shares or trade equity perps without selling them", while claiming holders "Keep your shares and your shareholder rights." This introduces a new leverage/collateral mechanic affecting stock holders' rights and risk exposure.
The diff and the reading →
Issuer, venue and protocol changes 24
26 Sep 2026 · info 3 Ondo Global Markets token addresses entered the tracked catalogue · CatalogueThe headline asset count rises only when a specific token address has enough identity evidence to be included.
catalogue · info
3 Ondo Global Markets token addresses entered the tracked catalogue
The headline asset count rises only when a specific token address has enough identity evidence to be included.
25 Sep 2026 · info 2 Backpack Securities token addresses entered the tracked catalogue · CatalogueThe headline asset count rises only when a specific token address has enough identity evidence to be included.
catalogue · info
2 Backpack Securities token addresses entered the tracked catalogue
The headline asset count rises only when a specific token address has enough identity evidence to be included.
25 Sep 2026 · info 5 Ondo Global Markets token addresses entered the tracked catalogue · CatalogueThe headline asset count rises only when a specific token address has enough identity evidence to be included.
25 Sep 2026 · info 2 Kraken xStocks token addresses entered the tracked catalogue · CatalogueThe headline asset count rises only when a specific token address has enough identity evidence to be included.
catalogue · info
2 Kraken xStocks token addresses entered the tracked catalogue
The headline asset count rises only when a specific token address has enough identity evidence to be included.
25 Sep 2026 · caution 2 token addresses changed LTV in Kamino · Protocol changeBorrow capacity or liquidation exposure changed in the checked protocol registry.
protocol-change · caution
2 token addresses changed LTV in Kamino
Borrow capacity or liquidation exposure changed in the checked protocol registry.
2 tokens
25 Sep 2026 · info UBERx entered Pumpfun · Protocol changeA new exact-token registry or pool observation establishes current support, not a successful user transaction.
protocol-change · info
A new exact-token registry or pool observation establishes current support, not a successful user transaction.
1 token
25 Sep 2026 · warning VRTx left Fluxbeam · Protocol changeA removed exact-token listing may eliminate a confirmed use or exit path; it does not prove positions were liquidated.
protocol-change · warning
A removed exact-token listing may eliminate a confirmed use or exit path; it does not prove positions were liquidated.
1 token
25 Sep 2026 · warning 2 token addresses left Meteora · Protocol changeA removed exact-token listing may eliminate a confirmed use or exit path; it does not prove positions were liquidated.
protocol-change · warning
2 token addresses left Meteora
A removed exact-token listing may eliminate a confirmed use or exit path; it does not prove positions were liquidated.
2 tokens
25 Sep 2026 · warning 5 token addresses left Orca · Protocol changeA removed exact-token listing may eliminate a confirmed use or exit path; it does not prove positions were liquidated.
25 Sep 2026 · warning SLVx left Raydium · Protocol changeA removed exact-token listing may eliminate a confirmed use or exit path; it does not prove positions were liquidated.
protocol-change · warning
A removed exact-token listing may eliminate a confirmed use or exit path; it does not prove positions were liquidated.
1 token
24 Sep 2026 · info NVDA entered the tracked catalogue · CatalogueThe headline asset count rises only when a specific token address has enough identity evidence to be included.
catalogue · info
NVDA entered the tracked catalogue
The headline asset count rises only when a specific token address has enough identity evidence to be included.
1 token
24 Sep 2026 · info 7 Ondo Global Markets token addresses entered the tracked catalogue · CatalogueThe headline asset count rises only when a specific token address has enough identity evidence to be included.
24 Sep 2026 · warning PreStocks scheduled a 3 % transfer fee on 7 of its 8 tokens · Actor changeTransfers withhold 1.00 % now on all 8 PreStocks mints; 7 of them have 3.00 % scheduled from fee epoch 1043 (about 26 Sep 2026), uncapped, including wallet-to-wallet transfers and protocol movements. That directly affects exits, collateral transfers and liquidation proceeds.
actor-change · warning
PreStocks scheduled a 3 % transfer fee on 7 of its 8 tokens
Transfers withhold 1.00 % now on all 8 PreStocks mints; 7 of them have 3.00 % scheduled from fee epoch 1043 (about 26 Sep 2026), uncapped, including wallet-to-wallet transfers and protocol movements. That directly affects exits, collateral transfers and liquidation proceeds.
23 Sep 2026 · info 2 Backpack Securities token addresses entered the tracked catalogue · CatalogueThe headline asset count rises only when a specific token address has enough identity evidence to be included.
catalogue · info
2 Backpack Securities token addresses entered the tracked catalogue
The headline asset count rises only when a specific token address has enough identity evidence to be included.
23 Sep 2026 · info 4 Ondo Global Markets token addresses entered the tracked catalogue · CatalogueThe headline asset count rises only when a specific token address has enough identity evidence to be included.
catalogue · info
4 Ondo Global Markets token addresses entered the tracked catalogue
The headline asset count rises only when a specific token address has enough identity evidence to be included.
23 Sep 2026 · info 98 Kraken xStocks token addresses entered the tracked catalogue · CatalogueThe headline asset count rises only when a specific token address has enough identity evidence to be included.
catalogue · info
98 Kraken xStocks token addresses entered the tracked catalogue
The headline asset count rises only when a specific token address has enough identity evidence to be included.
23 Sep 2026 · caution Loopscale: Docs call CyNKPf… a co-signer that "cannot initiate actions on its own"; on-chain it is the protocol admin and signs refinances alone · Protocol changeThe key is an operating admin, not only a supplemental co-signer: it rolls loans on its own and co-signs every change path. What a refinance signed by it alone can change for a lender (rate, term or collateral terms beyond the strategy's own limits) was not established; the point is that the published description of the key understates its role, so its custody (an AWS-based signer, per the docs) is part of the lender's risk.
protocol-change · caution
The key is an operating admin, not only a supplemental co-signer: it rolls loans on its own and co-signs every change path. What a refinance signed by it alone can change for a lender (rate, term or collateral terms beyond the strategy's own limits) was not established; the point is that the published description of the key understates its role, so its custody (an AWS-based signer, per the docs) is part of the lender's risk.
1 token
23 Sep 2026 · info Loopscale: Docs say program upgrades need a 3-of-5 multisig; the chain shows 4 of 7 voters and a 24-hour time lock · Protocol changeThe chain is stricter than the docs (a higher threshold and a 24-hour delay the docs do not mention), so this is not a weaker control than advertised and no single party can upgrade either way. It matters because the docs are the only published description of who can change the code that holds SECZ collateral, and they are out of date: a lender cannot rely on the page to know the current threshold, voter set or delay.
protocol-change · info
The chain is stricter than the docs (a higher threshold and a 24-hour delay the docs do not mention), so this is not a weaker control than advertised and no single party can upgrade either way. It matters because the docs are the only published description of who can change the code that holds SECZ collateral, and they are out of date: a lender cannot rely on the page to know the current threshold, voter set or delay.
1 token
22 Sep 2026 · info 2 Backpack Securities token addresses entered the tracked catalogue · CatalogueThe headline asset count rises only when a specific token address has enough identity evidence to be included.
catalogue · info
2 Backpack Securities token addresses entered the tracked catalogue
The headline asset count rises only when a specific token address has enough identity evidence to be included.
22 Sep 2026 · info 12 Ondo Global Markets token addresses entered the tracked catalogue · CatalogueThe headline asset count rises only when a specific token address has enough identity evidence to be included.
22 Sep 2026 · info 95 Kraken xStocks token addresses entered the tracked catalogue · CatalogueThe headline asset count rises only when a specific token address has enough identity evidence to be included.
catalogue · info
95 Kraken xStocks token addresses entered the tracked catalogue
The headline asset count rises only when a specific token address has enough identity evidence to be included.
22 Sep 2026 · info Tessera corrects its docs: T-Tokens have no Transfer Hook · Actor changeThe docs now match the chain: nothing in the transfer path enforces eligibility, so transfers are unconditional apart from the 20 bps fee and the reactive freeze authority — which the docs' Authorities & Security table still omits.
actor-change · info
Tessera corrects its docs: T-Tokens have no Transfer Hook
The docs now match the chain: nothing in the transfer path enforces eligibility, so transfers are unconditional apart from the 20 bps fee and the reactive freeze authority — which the docs' Authorities & Security table still omits.
22 Sep 2026 · info Backed lists Optimism as a tenth xStocks chain · Actor changeAnother chain means another deployment whose mint, authorities and bridge have to be checked before a holder relies on it; no Optimism mint is recorded in the dossier yet, and the Base Prospectus still names no chain list.
actor-change · info
Backed lists Optimism as a tenth xStocks chain
Another chain means another deployment whose mint, authorities and bridge have to be checked before a holder relies on it; no Optimism mint is recorded in the dossier yet, and the Base Prospectus still names no chain list.
21 Sep 2026 · info URA entered the tracked catalogue · CatalogueThe headline asset count rises only when a specific token address has enough identity evidence to be included.
catalogue · info
URA entered the tracked catalogue
The headline asset count rises only when a specific token address has enough identity evidence to be included.
1 token
From the public change journal: changes by issuers, venues, protocols and sources, and catalogue membership changes. RWA Sonar's own editorial corrections are excluded.
New and removed tokens +234 / −0
"First catalogued" is when RWA Sonar first confirmed the exact token address (stocks-tokens.json firstSeenAt). The issuer may have minted it earlier. Tokens known when records began are not counted as new.
First catalogued (234)
Kraken xStocks 195
- TTMIx 2026-09-22
- DCIx 2026-09-22
- MGMx 2026-09-22
- Hx 2026-09-22
- WMSx 2026-09-22
- MDGLx 2026-09-22
- GWREx 2026-09-22
- DPZx 2026-09-22
- BPOPx 2026-09-22
- CORTx 2026-09-22
- LFUSx 2026-09-22
- GFLx 2026-09-22
- CACIx 2026-09-22
- PAGx 2026-09-22
- AURx 2026-09-22
- FIVEx 2026-09-22
- HUBSx 2026-09-22
- SMTCx 2026-09-22
- Wx 2026-09-22
- SCIx 2026-09-22
- FRHCx 2026-09-22
- AFGx 2026-09-22
- BMRNx 2026-09-22
- MPx 2026-09-22
- DARx 2026-09-22
- AMHx 2026-09-22
- BAXx 2026-09-22
- NWSAx 2026-09-22
- STRLx 2026-09-22
- BENx 2026-09-22
- SFx 2026-09-22
- CCKx 2026-09-22
- DYx 2026-09-22
- FNx 2026-09-22
- RBRKx 2026-09-22
- DOCNx 2026-09-22
- CNAx 2026-09-22
- AHRx 2026-09-22
- AMx 2026-09-22
- HALOx 2026-09-22
- …and 155 more — all on Kraken xStocks
Ondo Global Markets 31
- DNNon 2026-09-22
- ENPHon 2026-09-22
- ANETon 2026-09-22
- LUNRon 2026-09-22
- NOCon 2026-09-22
- ACHRon 2026-09-22
- ONTOon 2026-09-22
- FNon 2026-09-22
- ARQQon 2026-09-22
- UUUUon 2026-09-22
- SMCIon 2026-09-22
- RMBSon 2026-09-22
- UNPon 2026-09-23
- PANWon 2026-09-23
- COFon 2026-09-23
- AXTIon 2026-09-23
- RTXon 2026-09-24
- BLSHon 2026-09-24
- RIVNon 2026-09-24
- ENLVon 2026-09-24
- PCGon 2026-09-24
- KOPNon 2026-09-24
- PEPon 2026-09-24
- ETNon 2026-09-25
- GEon 2026-09-25
- BTGOon 2026-09-25
- WULFon 2026-09-25
- CPERon 2026-09-25
- ISRGon 2026-09-26
- TTon 2026-09-26
- NVTSon 2026-09-26
Backpack Securities 8
- URA 2026-09-21
- COPX 2026-09-22
- IONQ 2026-09-22
- ARM 2026-09-23
- CRWV 2026-09-23
- NVDA 2026-09-24
- IREN 2026-09-25
- SQQQ 2026-09-25
Removed (0)
No token left the catalogue this week.
Redemptions observed 810
| Issuer | Redemptions observed | Scan coverage this week | Last scan |
|---|---|---|---|
| Ondo Global Markets | 766 | 68.9 of 168 h | |
| PreStocks | not observable on-chainWhyRedemption is a discretionary off-chain request under the PreStocks Terms of Service ("A holder may request redemption of Tokens for USDC or another mutually agreed form of value"; "A request for redemption does not of itself create an entitlement to have Tokens redeemed"). No redemption address, program instruction, form or settlement procedure is published (prestocks.com/openai; the FAQ points holders to on-chain sale). A processed redemption could appear on-chain only as a transfer to, or a permanent-delegate burn by, the single Squads vault WV9PJN7XTmTLVwbutCLFxp8TyePee6Xq5mRq6Fti5Wc that holds every authority on all eight mints, which is indistinguishable from its other operations (issuance, fee withdrawal, clawback) without a documented address. The tripwire records raw-supply decreases as unattributed events, never as redemptions. | — | |
| Opening Bell by Superstate | not covered on-chain leg only | 0.0 of 168 h | |
| Tessera | not observable on-chainWhyRedemption is terminal and contingent: holders burn T-Tokens to the Tessera smart contracts only during a Redemption Period, which opens after a Liquidity Event, receipt of the proceeds in full and a Redemption Start Date announced by TWF; per the Terms no Liquidity Event Proceeds have been received and no Redemption Period has commenced. The deployed Token Program TESQvsR4TmYxiroPPQgZpVRoSFG8pru4fsYr67iv6kf exposes no redeem or burn instruction in its on-chain Anchor IDL (see tripwire.programInstructions), so no on-chain redemption leg exists to observe yet. The tripwire flags a T-token supply decrease, a program upgrade (new deploy slot) or a redeem/burn/claim instruction appearing in the IDL. | — | |
| Kraken xStocks | 44 | 69.6 of 168 h | |
No on-chain redemption feed for: Backpack Securities, Bullish BLSH, Republic Mirror, Securitize SECZ, Shift leveraged tokens. Their redemptions are documented or unknown; none are observed on-chain.
Counted from the recurring on-chain scan (stocks/observe-redemptions.mjs). Hours not covered by a scan say nothing either way.
Health and status moves 378
Daily snapshots compared: 2026-09-20 → 2026-09-21, 2026-09-21 → 2026-09-22, 2026-09-22 → 2026-09-23, 2026-09-23 → 2026-09-24, 2026-09-24 → 2026-09-25, 2026-09-25 → 2026-09-26.
Health got worse 176
- TQQQon · Ondo Global Markets — Worst health status went from caution to warning, now on the tracking rule.
- MSTRon · Ondo Global Markets — Worst health status went from caution to warning, now on the tracking rule.
- AMDx · Kraken xStocks — Worst health status went from caution to warning, now on the tracking rule.
- METAx · Kraken xStocks — Worst health status went from caution to warning, now on the tracking rule.
- INTCx · Kraken xStocks — Worst health status went from caution to warning, now on the tracking rule.
- TQQQx · Kraken xStocks — Worst health status went from caution to warning, now on the tracking rule.
- GLDx · Kraken xStocks — Worst health status went from caution to warning, now on the failedTx rule.
- HOODx · Kraken xStocks — Worst health status went from caution to warning, now on the tracking rule.
- HPEx · Kraken xStocks — Worst health status went from caution to warning, now on the tracking rule.
- GLWon · Ondo Global Markets — Worst health status went from caution to warning, now on the tracking rule.
- ADBEon · Ondo Global Markets — Worst health status went from caution to warning, now on the tracking rule.
- CEGon · Ondo Global Markets — Worst health status went from caution to warning, now on the tracking rule.
- ITAon · Ondo Global Markets — Worst health status went from caution to warning, now on the tracking rule.
- PPLTon · Ondo Global Markets — Worst health status went from caution to warning, now on the tracking rule.
- BACon · Ondo Global Markets — Worst health status went from caution to warning, now on the tracking rule.
- AMZNx · Kraken xStocks — Worst health status went from caution to warning, now on the failedTx rule.
- VCXx · Kraken xStocks — Worst health status went from caution to warning, now on the tracking rule.
- TSLAx · Kraken xStocks — Worst health status went from caution to warning, now on the failedTx rule.
- SOXLx · Kraken xStocks — Worst health status went from caution to warning, now on the tracking rule.
- GMEx · Kraken xStocks — Worst health status went from caution to warning, now on the tracking rule.
- TBLLx · Kraken xStocks — Worst health status went from caution to warning, now on the liquidity rule.
- LMTx · Kraken xStocks — Worst health status went from caution to warning, now on the tracking rule.
- CIENon · Ondo Global Markets — Worst health status went from caution to warning, now on the tracking rule.
- PYPLon · Ondo Global Markets — Worst health status went from caution to warning, now on the tracking rule.
- VTIon · Ondo Global Markets — Worst health status went from caution to warning, now on the concentration rule.
- DISon · Ondo Global Markets — Worst health status went from caution to warning, now on the tracking rule.
- HYDBon · Ondo Global Markets — Worst health status went from caution to warning, now on the paused rule.
- CATon · Ondo Global Markets — Worst health status went from caution to warning, now on the tracking rule.
- EFAon · Ondo Global Markets — Worst health status went from caution to warning, now on the tracking rule.
- FSOLon · Ondo Global Markets — Worst health status went from caution to warning, now on the concentration rule.
- CAPRon · Ondo Global Markets — Worst health status went from caution to warning, now on the tracking rule.
- UECon · Ondo Global Markets — Worst health status went from caution to warning, now on the paused rule.
- MSTRon · Ondo Global Markets — Worst health status went from caution to warning, now on the tracking rule.
- ORCLon · Ondo Global Markets — Worst health status went from caution to warning, now on the tracking rule.
- RDDTon · Ondo Global Markets — Worst health status went from caution to warning, now on the tracking rule.
- SPCXx · Kraken xStocks — Worst health status went from caution to warning, now on the tracking rule.
- CORZx · Kraken xStocks — Worst health status went from caution to warning, now on the tracking rule.
- GOOGLx · Kraken xStocks — Worst health status went from caution to warning, now on the tracking rule.
- MSTRx · Kraken xStocks — Worst health status went from caution to warning, now on the tracking rule.
- METAx · Kraken xStocks — Worst health status went from caution to warning, now on the failedTx rule.
- …and 136 more — the monitor has the full list
Health got better 172
- ADBEon · Ondo Global Markets — Worst health status went from warning to caution, now on the defiComposability rule.
- HYDBon · Ondo Global Markets — Worst health status went from warning to caution, now on the defiComposability rule.
- CRMon · Ondo Global Markets — Worst health status went from warning to caution, now on the tracking rule.
- CEGon · Ondo Global Markets — Worst health status went from warning to caution, now on the tracking rule.
- EFAon · Ondo Global Markets — Worst health status went from warning to caution, now on the defiComposability rule.
- CAPRon · Ondo Global Markets — Worst health status went from warning to caution, now on the tracking rule.
- HOODon · Ondo Global Markets — Worst health status went from warning to caution, now on the tracking rule.
- IBMon · Ondo Global Markets — Worst health status went from warning to caution, now on the concentration rule.
- FXIon · Ondo Global Markets — Worst health status went from warning to caution, now on the concentration rule.
- ITAon · Ondo Global Markets — Worst health status went from warning to caution, now on the concentration rule.
- KWEBon · Ondo Global Markets — Worst health status went from warning to caution, now on the tracking rule.
- PPLTon · Ondo Global Markets — Worst health status went from warning to caution, now on the tracking rule.
- RKLBon · Ondo Global Markets — Worst health status went from warning to caution, now on the concentration rule.
- MELIon · Ondo Global Markets — Worst health status went from warning to caution, now on the concentration rule.
- URAon · Ondo Global Markets — Worst health status went from warning to caution, now on the tracking rule.
- VNQon · Ondo Global Markets — Worst health status went from warning to caution, now on the tracking rule.
- SPGIon · Ondo Global Markets — Worst health status went from warning to caution, now on the concentration rule.
- JNJon · Ondo Global Markets — Worst health status went from warning to caution, now on the concentration rule.
- BACon · Ondo Global Markets — Worst health status went from warning to caution, now on the concentration rule.
- HYGWon · Ondo Global Markets — Worst health status went from warning to caution, now on the defiComposability rule.
- USHYon · Ondo Global Markets — Worst health status went from warning to caution, now on the defiComposability rule.
- NEARon · Ondo Global Markets — Worst health status went from warning to caution, now on the defiComposability rule.
- CIENon · Ondo Global Markets — Worst health status went from warning to caution, now on the tracking rule.
- IGEBon · Ondo Global Markets — Worst health status went from warning to caution, now on the defiComposability rule.
- QLTAon · Ondo Global Markets — Worst health status went from warning to caution, now on the defiComposability rule.
- BRHYon · Ondo Global Markets — Worst health status went from warning to caution, now on the defiComposability rule.
- BLCRon · Ondo Global Markets — Worst health status went from warning to caution, now on the defiComposability rule.
- NFLXon · Ondo Global Markets — Worst health status went from warning to caution, now on the tracking rule.
- INROon · Ondo Global Markets — Worst health status went from warning to caution, now on the defiComposability rule.
- DYNFon · Ondo Global Markets — Worst health status went from warning to caution, now on the defiComposability rule.
- COROon · Ondo Global Markets — Worst health status went from warning to caution, now on the defiComposability rule.
- BRTRon · Ondo Global Markets — Worst health status went from warning to caution, now on the defiComposability rule.
- IALTon · Ondo Global Markets — Worst health status went from warning to caution, now on the defiComposability rule.
- VSTon · Ondo Global Markets — Worst health status went from warning to caution, now on the tracking rule.
- PYPLon · Ondo Global Markets — Worst health status went from warning to caution, now on the concentration rule.
- SBUXon · Ondo Global Markets — Worst health status went from warning to caution, now on the tracking rule.
- VTIon · Ondo Global Markets — Worst health status went from warning to caution, now on the concentration rule.
- IGVon · Ondo Global Markets — Worst health status went from warning to caution, now on the defiComposability rule.
- TMon · Ondo Global Markets — Worst health status went from warning to caution, now on the tracking rule.
- OKLOon · Ondo Global Markets — Worst health status went from warning to caution, now on the concentration rule.
- …and 132 more — the monitor has the full list
Rebase (balances scaled up) 1
- APHx · Kraken xStocks — Every holder's displayed balance was restated up by 100.0 % without a transfer (Token-2022 scaled-UI multiplier).
Scaled-UI multiplier moved 12
- AVGOon · Ondo Global Markets — Every holder's displayed balance was restated up by 0.1 % without a transfer (Token-2022 scaled-UI multiplier).
- QYLDon · Ondo Global Markets — Every holder's displayed balance was restated up by 0.7 % without a transfer (Token-2022 scaled-UI multiplier).
- VSTon · Ondo Global Markets — Every holder's displayed balance was restated up by 0.1 % without a transfer (Token-2022 scaled-UI multiplier).
- XYLDon · Ondo Global Markets — Every holder's displayed balance was restated up by 0.5 % without a transfer (Token-2022 scaled-UI multiplier).
- TQQQon · Ondo Global Markets — Every holder's displayed balance was restated up by 0.1 % without a transfer (Token-2022 scaled-UI multiplier).
- VNQon · Ondo Global Markets — Every holder's displayed balance was restated up by 0.6 % without a transfer (Token-2022 scaled-UI multiplier).
- QTUMon · Ondo Global Markets — Every holder's displayed balance was restated up by 0.2 % without a transfer (Token-2022 scaled-UI multiplier).
- MDTx · Kraken xStocks — Every holder's displayed balance was restated up by 0.6 % without a transfer (Token-2022 scaled-UI multiplier).
- ELSx · Kraken xStocks — Every holder's displayed balance was restated up by 0.6 % without a transfer (Token-2022 scaled-UI multiplier).
- RLx · Kraken xStocks — Every holder's displayed balance was restated up by 0.2 % without a transfer (Token-2022 scaled-UI multiplier).
- FTGCon · Ondo Global Markets — Every holder's displayed balance was restated up by 0.3 % without a transfer (Token-2022 scaled-UI multiplier).
- USFRon · Ondo Global Markets — Every holder's displayed balance was restated up by 0.3 % without a transfer (Token-2022 scaled-UI multiplier).
Pool liquidity halved or worse 10
- BABA · Backpack Securities — Reported pool liquidity fell 57.7 %, from $188.2k to $79.6k.
- Vx · Kraken xStocks — Reported pool liquidity fell 88.5 %, from $3.9k to $450.
- GPRO · Backpack Securities — Reported pool liquidity fell 52.1 %, from $57.3k to $27.4k.
- VIDAx · Kraken xStocks — Reported pool liquidity fell 54.4 %, from $56.4k to $25.7k.
- MCDx · Kraken xStocks — Reported pool liquidity fell 54.5 %, from $899.1k to $408.6k.
- METAon · Ondo Global Markets — Reported pool liquidity fell 99.5 %, from $1.0k to $5.
- IONQ · Backpack Securities — Reported pool liquidity fell 76.1 %, from $397.6k to $95.0k.
- IREN · Backpack Securities — Reported pool liquidity fell 67.4 %, from $211.9k to $69.1k.
- PEPx · Kraken xStocks — Reported pool liquidity fell 53.7 %, from $1.0k to $464.
- NVDAon · Ondo Global Markets — Reported pool liquidity fell 51.8 %, from $5.6k to $2.7k.
Pool liquidity more than doubled 7
- GPRO · Backpack Securities — Reported pool liquidity rose 137.4 %, from $24.1k to $57.3k.
- IBM · Backpack Securities — Reported pool liquidity rose 148.5 %, from $21.4k to $53.3k.
- SHOP · Backpack Securities — Reported pool liquidity rose 290.1 %, from $21.0k to $81.9k.
- GMEx · Kraken xStocks — Reported pool liquidity rose 148.6 %, from $264.0k to $656.2k.
- LLY · Backpack Securities — Reported pool liquidity rose 185.7 %, from $20.8k to $59.4k.
- HIMS · Backpack Securities — Reported pool liquidity rose 201.1 %, from $143.6k to $432.4k.
- MGM · Backpack Securities — Reported pool liquidity rose 115.9 %, from $21.1k to $45.7k.
Discrepancies and evidence changes 2167
New discrepancies
No new claim-versus-reality discrepancy was recorded this week.
Watcher change events
- document-gone 1
- extension-toggle 7
- legal-term 49
- litigation 3
- quote-lost 25
- rebase 253
- supply 1,814
- treasury 15
Every event with its diff on the change feed →
What-if answers and individual claims carry no change date in the built data, so this page cannot say which of them are new this week. Current answers: what-if catalogue; open evidence gaps: review queue.