Traded price against the oracle

What it trades at, and what the oracle says.

70
basis points at the widest, across 26 tokens, read during the after-hours session on 4 September at 21:28 UTC

A lending market liquidates against the Chainlink price. That feed runs 24/5 and holds its last answer outside market hours; the chain never stops trading. The distance between the two is the risk a curator carries, and it is widest exactly when the feed is stalest. At this reading the median feed was 136 minutes old and the median token traded 15 basis points from it.

Every token that trades and has a feed

  • GameStopGME · oracle 2 h old · pool $691,377
    Traded$19.3295
    Oracle$19.1950
    +70 bps
  • DellDELL · oracle 62 min old · pool $453,325
    Traded$518.8211
    Oracle$521.9720
    -60 bps
  • ASML Holding NVASML · oracle 2 h old · pool $52,653
    Traded$1718.8880
    Oracle$1711.8027
    +41 bps
  • AlibabaBABA · oracle 6 h old · pool $133,318
    Traded$113.2602
    Oracle$112.8350
    +38 bps
  • Taiwan Semiconductor ManufacturingTSM · oracle 5 h old · pool $160,708
    Traded$426.9583
    Oracle$428.4750
    -35 bps
  • Alphabet Class AGOOGL · oracle 7 h old · pool $548,176
    Traded$339.2606
    Oracle$338.2750
    +29 bps
  • MicrosoftMSFT · oracle 6 h old · pool $275,534
    Traded$499.0978
    Oracle$500.5322
    -29 bps
  • iShares Silver TrustSLV · oracle 2 h old · pool $389,166
    Traded$59.9778
    Oracle$59.8550
    +21 bps
  • SPDR S&P 500 ETF TrustSPY · oracle 6 h old · pool $168,591
    Traded$771.1386
    Oracle$769.5900
    +20 bps
  • IntelINTC · oracle 2 h old · pool $53,438
    Traded$95.6587
    Oracle$95.4760
    +19 bps
  • Circle Internet GroupCRCL · oracle 3 h old · pool $1,614,250
    Traded$101.6479
    Oracle$101.4550
    +19 bps
  • Invesco QQQQQQ · oracle 17 h old · pool $1,565,030
    Traded$718.3469
    Oracle$719.5900
    -17 bps
  • Strategy Inc.MSTR · oracle 2 h old · pool $193,744
    Traded$143.2895
    Oracle$143.0700
    +15 bps
  • Palantir TechnologiesPLTR · oracle 2 h old · pool $87,764
    Traded$174.1207
    Oracle$173.9498
    +10 bps
  • Space Exploration Technologies Corp. Class A Common StockSPCX · oracle 2 h old · pool $2,158,608
    Traded$148.1015
    Oracle$147.9597
    +10 bps
  • AMDAMD · oracle 2 h old · pool $122,384
    Traded$477.2768
    Oracle$477.7004
    -9 bps
  • Meta PlatformsMETA · oracle 2 h old · pool $146,619
    Traded$615.2705
    Oracle$615.6400
    -6 bps
  • TeslaTSLA · oracle 3 h old · pool $669,455
    Traded$353.7837
    Oracle$353.9849
    -6 bps
  • United States Oil FundUSO · oracle 53 min old · pool $576,458
    Traded$141.8507
    Oracle$141.7768
    +5 bps
  • Sandisk CorporationSNDK · oracle 52 min old · pool $60,811
    Traded$1730.3913
    Oracle$1729.6464
    +4 bps
  • Micron TechnologyMU · oracle 2 h old · pool $1,097,886
    Traded$1014.3649
    Oracle$1014.7920
    -4 bps
  • iShares 0-3 Month Treasury BondSGOV · oracle 21 h old · pool $1,931,575
    Traded$100.9411
    Oracle$100.9775
    -4 bps
  • NVIDIANVDA · oracle 4 h old · pool $7,528,645
    Traded$230.1644
    Oracle$230.2366
    -3 bps
  • USA Rare EarthUSAR · oracle 14 min old · pool $39,544
    Traded$17.3374
    Oracle$17.3324
    +3 bps
  • AmazonAMZN · oracle 2 h old · pool $1,076,498
    Traded$258.7936
    Oracle$258.7250
    +3 bps
  • AppleAAPL · oracle 2 h old · pool $408,767
    Traded$320.4589
    Oracle$320.5163
    -2 bps

Positive means the token trades above the oracle. The price is taken from the deepest USDG pool, and every pool and every feed is read at the same instant — otherwise the number would measure the delay between two reads rather than a gap. Both sides quote the token itself, which already includes the multiplier, so neither is adjusted. Each row states what its pool holds, because a wide gap on a pool with a few hundred dollars in it is a price nobody can trade, and a wide gap on a deep one is a dislocation.

And 40 that trade with no oracle at all

These have a pool with real liquidity and no Chainlink feed. There is nothing to compare a price against, and a lending market has nothing to liquidate against either.

And 28 more.

Does the gap widen when the feed freezes?

Not yet. That question needs a reading in every market session, and there have been 18 so far. The measurement runs hourly and the answer will appear here once each session has at least 3. Until then this page shows a reading, not a rate.

What else these readings settle

Nobody states which feed belongs to which token. Chainlink's directory carries no token address, the token contract answers with none, and the issuer publishes no mapping — so the pairing starts as a guess from the ticker, and every measurement built on it inherits that. These readings test it: a token's traded price should sit closer to its own feed than to any of the other 34. 23 of 35 pairings now hold up that way, across repeated readings.

It is the weaker of the two tests and it is labelled as such: two unrelated assets can trade at one price. Only one pairing — SGOV — has been confirmed the strong way, by its own dividend step moving its own feed. The 12 that fail here are mostly the volatile names (ASML, CLSK, COIN, CRWV and others): their traded price is genuinely far from the feed, so the test has nothing to recognise. That is the premise failing, not the pairing.

Read from Robinhood Chain on 4 September at 21:28 UTC. 66 tokens have a pool with liquidity; 26 of them have a feed to compare against.