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wMSFTx

Wrapped Microsoft xStock

Price impact against size

limit 50bp

Hover the curve to read what each size actually costs.

Fair value
484.89
from MSFT, ±0.10%
On chain
485.23
0.07% from fair value
Gap risk
9
out of 100, while the market is shut
Session
PRE
1.004582 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.

SizeImpactYou would payVerdict
$250.06%$485.52allowed
$1000.09%$485.68allowed
$2500.16%$485.99allowed
$5000.26%$486.51allowed
$1,0000.48%$487.55allowed
$2,5001.12%$490.68price here is too far from fair
$5,0002.20%$495.90price here is too far from fair
$10,0004.35%$506.32price here is too far from fair
$25,00010.80%$537.61price here is too far from fair
$50,00021.54%$589.76price here is too far from fair

The largest size on this ladder that still passes is $1,000. 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
$1,059
1.00%
$2,222
2.00%
$4,548
5.00%
$11,528

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
0.33
how far the market has already moved from our mark
Uncertainty
0.03
how wide the issuer's own spread is right now
Basis
0.01
how far this pool sits from fair value
Liquidity
tradable
1 pool, 1 with depth
Reference
MSFT
what the issuer prices it against

What the oracle said about this

  • token holds 1.004582 shares — 45.8bp of reinvested dividends, measured 2026-08-12
  • band is the issuer's own 10bp spread for the extended session

measured 47 min ago · 2026-08-20 08:59Z