wIBMx
Wrapped International Business Machines xStock
Token
0xbF69D850…c50F8286Price impact against size
limit 50bpFair value
240.86
from IBM, ±0.15%
On chain
241.65
0.33% from fair value
Gap risk
16
out of 100, while the market is shut
Session
PRE
1.020403 shares per token
What happens as the size grows
Each row is a real quote walked through this market’s liquidity, not an estimate from its size. The verdict is the same check the contract runs, against a 50bp impact limit.
| Size | Impact | You would pay | Verdict |
|---|---|---|---|
| $25 | 0.06% | $241.80 | allowed |
| $100 | 0.11% | $241.90 | allowed |
| $250 | 0.19% | $242.11 | allowed |
| $500 | 0.33% | $242.44 | allowed |
| $1,000 | 0.61% | $243.12 | too big for this market |
| $2,500 | 1.44% | $245.14 | price here is too far from fair |
| $5,000 | 2.84% | $248.51 | price here is too far from fair |
| $10,000 | 5.63% | $255.24 | price here is too far from fair |
| $25,000 | 13.99% | $275.46 | price here is too far from fair |
| $50,000 | 27.94% | $309.16 | price here is too far from fair |
The largest size on this ladder that still passes is $500. Above it the trade moves the price against you by more than the mandate allows, and the guard reverts rather than filling it.
How much it takes, by what you will tolerate
Capacity is not one number. It depends on how far you will let the price move, so here it is at four limits. The mandate uses 50bp.
0.50% · mandate
$816
1.00%
$1,713
2.00%
$3,506
5.00%
$8,886
What the gap score is made of
A stock keeps trading after this token stops. These four are what the oracle weighs to decide how far it could move before you can act, and a score you can take apart is worth more than one you have to trust.
Staleness
none
how long since we last saw a price
Displacement
0.54
how far the market has already moved from our mark
Uncertainty
0.04
how wide the issuer's own spread is right now
Basis
0.07
how far this pool sits from fair value
Liquidity
tradable
1 pool, 1 with depth
Reference
IBM
what the issuer prices it against
What the oracle said about this
- token holds 1.020403 shares — 204.0bp of reinvested dividends, measured 2026-08-12
- band is the issuer's own 15bp spread for the extended session