Measured data from live collectors. Every figure is dated and reproducible.
pegwatch
Tokenized stock peg quality by market session — week to 2026-08-21
Published 2026-08-21 · sample n=22176
The typical tokenized stock holds within 59 bps of its underlying while the US market is open, widening to 111 bps during premarket.
Detail
premarket: typical symbol median 45 bps, 95th pct 111 bps (11 symbols, 3630 ticks)
overnight: typical symbol median 41 bps, 95th pct 79 bps (11 symbols, 5280 ticks)
afterhours: typical symbol median 26 bps, 95th pct 67 bps (11 symbols, 2640 ticks)
weekend: typical symbol median 29 bps, 95th pct 65 bps (11 symbols, 6336 ticks)
open: typical symbol median 28 bps, 95th pct 59 bps (11 symbols, 4290 ticks)
Figures are per-symbol percentiles aggregated across symbols, so one wide name cannot set the headline.
Outliers excluded from the typical figure: MSTRx (1032 bps during premarket); CRCLx (48657351 bps during overnight); MSTRx (357 bps during afterhours).
Measured every 5 minutes against the real underlying trade price, not a quote midpoint.
Method note: figures are computed from a live database at publication time and never revised afterwards. If a later measurement disagrees, both stay published.