xStocks price accuracy, live onchain vs Nasdaq across 12 equities on Solana
Absolute deviation between each xStock's executable Jupiter price on Solana and its real market reference, in basis points, labeled by market session. Companion to the Robinhood Chain tokenized stock bench: same methodology, different issuer, so the two pages read as a head to head.
TL;DR. As of , HOODx leads price deviation at 0.00020% (24h avg) on xStocks price accuracy, live onchain vs Nasdaq across 12 equities on Solana. Source: OpenChainBench, https://openchainbench.com/benchmarks/xstocks-peg.
Backed's xStocks are the other big tokenized equity program: 20+ US stocks and ETFs issued on Solana and distributed through Kraken and Bybit, trading around the clock on Raydium and Orca with pool depths that reach several million dollars. This page measures how closely each xStock's executable price tracks its real market reference, every 60 seconds, keyless on both legs. The price measured is the Jupiter aggregated quote for actually swapping one share in each direction, so it is an executable mid, not a theoretical pool spot. Sessions are labeled pre, regular, post and closed, and the closed series is the weekend drift panel. The same methodology runs against Robinhood Chain's tokenized equities on the companion bench, which turns the two pages into the first public issuer head to head for tokenized stocks. Fun fact this page makes measurable: HOODx, the tokenized Robinhood stock, trades here on Solana, while Robinhood's own chain does not tokenize HOOD at all.
Methodology
Every 60 seconds the harness quotes one share of each of 12 xStocks through Jupiter's keyless lite API in both directions (sell to USDC, buy back), takes the executable mid, corrects for the Token-2022 scaled amount multiplier where present, and compares against the Yahoo reference price with holiday-aware session labels. Deviation is 10000 x |mid - reference| / reference in basis points. Same metric contract as the Robinhood Chain bench with issuer="xstocks".
Frequently asked
Do xStocks track their real stock price?
During regular hours the liquid names track within tens of basis points, and this page shows the live per-symbol number measured as an executable Jupiter mid, not a theoretical pool spot. Outside market hours the peg loosens by construction, and the closed-session series quantifies exactly how much.
How is this different from the Robinhood Chain tokenized stock bench?
Same methodology, different issuer and chain: Backed's xStocks on Solana measured through Jupiter, Robinhood's tokens on their own chain measured through Uniswap v4. The two benches share a metric contract, so the same equity can be compared across issuers directly, depth differences disclosed.
Why measure the Jupiter quote instead of a specific pool?
Because it is what a user actually gets: the aggregated executable route across every venue with the fee baked into the round trip. Taking the mid of both directions removes the fee component and leaves the tracking signal. A single pool spot can sit anywhere inside its fee band without being arbitrageable.
What is the ScaledUiAmount correction?
Seven xStocks mints use Token-2022 scaled amounts, where raw token units map to UI shares through a live multiplier (about 1.0009 at verification). The harness reads the multiplier every tick from Jupiter's price API and applies it, without which those symbols would carry a permanent ~9bp phantom deviation.
Source code github.com/ChainBench/OpenChainBench/tree/main/harnesses/xstocks-peg