Par

Is the price real?

Par checks 25 tokenized stocks on Solana against Nasdaq, live, and says when a buy is fair.

Nasdaq checkingReading the session
View events
Tokenized stocks25xStocks 19 · Backpack 6
Fair now18 of 25Within 0.4% of the print
Next balance changeNoneNothing scheduled on these names

Refreshing the prices. Verdicts come back with the live prices.

  • +0.15% richBuy
  • -0.03% cheapBuy
  • +0.06% richBuy
  • +0.00% flatBuy
  • +0.09% richBuy
  • -0.02% cheapBuy
  • +0.05% richBuy
  • +0.08% richBuy
  • +0.01% flatBuy
  • +0.26% richBuy
  • -0.00% flatBuy
  • +0.23% richBuy
  • +0.03% richBuy
  • +0.02% flatBuy
  • -0.08% cheapBuy
  • —Buy
  • -0.03% cheapBuy
  • —Buy
  • -0.01% flatBuy
  • -0.01% flatBuy
  • -0.00% flatBuy
  • +0.20% richBuy
  • +0.10% richBuy
  • +0.11% richBuy
  • +0.03% richBuy

Buy opens Jupiter, selling USDC for that token. You pay the pool, not Par. Each card names its issuer, xStocks or Backpack Securities: the same company can have two tokens, each with its own pool and its own price.

A tokenized stock tracks the share. It is not the share, it does not vote, and a dividend shows up as more tokens, not cash.

Pass this along

One NVIDIA token is $177.24 on Solana, $0.24 under the Nasdaq print of $177.48. A $1,000 buy is the stock price, and it agrees with the issuer. About $33,301 reaches 1% impact.

Buy

Crypto

0s

  1. BTCBitcoin$74,657.00-1.37%
  2. ETHEthereum$2,121.31-4.77%
  3. USDTTether$0.9993+0.03%
  4. BNBBNB$685.83-1.33%
  5. USDCUSDC$0.9996+0.01%
  6. XRPXRP$1.093-5.25%
  7. SOLSolana$86.44-2.82%
  8. TRXTRON$0.317-0.92%
  9. FIGR_HELOCFigure Heloc$1.054—
  10. ZECZcash$1,167.71-6.37%

Why hold $PAR

The desk is free. The texts are for holders.

Everything on this page stays free. @ONPAR_BOT sends these to holders who prove their wallet once with /hold (one signed message, not a transaction). A holder's wallet needs at least 250,000 $PAR, and the texts stop when it holds less.

$PAR is not live yet. Its official address will appear here on launch day. Until then, any "$PAR" address you see is not Par's.

Get the morning brief

Terms

What the words mean

Fair
Nasdaq is open, a $1,000 buy is within 0.4% of the stock, the issuer mark agrees, and the buy does not move the price by 1% or more.
Near
The session is open and the buy is not far, but it missed Fair. Read the gap before a larger order.
Careful
The session is open, but a $1,000 buy is at least 1% off the print, or it moves the price by 2% or more.
Wait
The session is closed, or the name has no around-the-clock quote. The next open usually pulls the token back toward the print.
Overnight
The session is closed, but Kraken still quotes this name. It can look close. It is still not the Nasdaq print.
Split
The pool and the issuer mark disagree, and those two gaps cancel, so the token looks close to the stock. The buy only catches the pool.
Checking
A price or the issuer mark is still loading. This is not a buy signal.
No print
The Nasdaq print has not come in, so the token is not judged yet.
Rich
On the gap pill, the buy is more than 0.02% above the stock. A name can be a little rich and still be Fair, because Fair allows up to 0.4%.
Cheap
On the gap pill, the buy is more than 0.02% below the stock. Cheap is not a promise that the token will rise.
Flat
On the gap pill, the buy is within 0.02% of the stock.
Gap
How far a $1,000 buy is from the Nasdaq print. It is not the last trade, and it is not your profit.
Share meter
One raw token times the multiplier is the number of shares. The pool prices the raw token. Dividing by the multiplier is the price per share.
Multiplier
The number on the mint. It starts at 1. A reinvested dividend or a split raises it. A reverse split lowers it. Your raw tokens do not change.
Raw token
The amount the chain stores. Wallets that know the multiplier show shares instead. A pool trades the raw token.