Measured data from live collectors. Every figure is dated and reproducible.
pegwatch
Tokenized stock peg quality by market session — week to 2026-09-28
Published 2026-09-28 · sample n=24192
The typical tokenized stock holds within 53 bps of its underlying while the US market is open, widening to 146 bps during premarket.
Detail
premarket: typical symbol median 58 bps, 95th pct 146 bps (12 symbols, 3960 ticks)
overnight: typical symbol median 40 bps, 95th pct 90 bps (12 symbols, 5760 ticks)
afterhours: typical symbol median 32 bps, 95th pct 63 bps (12 symbols, 2880 ticks)
open: typical symbol median 24 bps, 95th pct 53 bps (12 symbols, 4680 ticks)
weekend: typical symbol median 23 bps, 95th pct 36 bps (12 symbols, 6912 ticks)
Figures are per-symbol percentiles aggregated across symbols, so one wide name cannot set the headline.
Outliers excluded from the typical figure: MSTRx (651 bps during premarket); CRCLx (316 bps during overnight); CRCLx (234 bps during afterhours); MSTRx (216 bps during weekend).
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.