CHAD token vs the real share

CHADx on Solana against the ordinary share, sampled every 15 minutes

CHAD token vs the real share

CHADx on Solana against the ordinary CHAD share, sampled every 15 minutes.
Latest basis
+1.23%
token trades above the share · 2026-11-02 23:37 UTC
token$10.1234vsshare$10
Pool depth $19K

Basis history

30d · 12h buckets · 6 samples
negative = token cheaper than the share
+0.55%0-0.04%
2 Nov2 Nov
+0.51%Average
-0.24%Widest discount
+1.23%Widest premium
4Distinct token prices

Why this matters for a delta-neutral position

The gap is the entry cost

The perps on CHAD price off the ordinary share — marks sit within about 0.10–0.15% of it — while the long leg of the carry is bought as a token on Solana. So this gap is not a curiosity: it is the entry cost of the position, charged in full on the way in. Buying at a discount is a rebate if the gap closes before you exit and a loss if it widens, which is precisely the question this series was started to settle.

Distinct token prices is the sanity check

If the count is 1, nothing traded and the number above is a leftover quote. Samples land every 15 minutes and are kept 90 days. Readings beyond ±20% are never recorded — past that it is a broken pool quote, not a basis.