The Stock Can't Trade Yet. Something Is Already Pricing It.
Four synthetic markets priced companies before their shares could trade. Then the cash market arrived—and changed what those prices meant.
How Far Does a Market Shock Travel?
Two market events, one identification problem, and a block-Hawkes experiment.
The Yen Broke. What Actually Moved Onchain?
First came risk transfer. Then exposure grew—mostly among traders already there.
Measuring a Commodity Shock in Tokenized Markets with a Rust CLI
On 8 July 2026, renewed U.S.–Iran escalation coincided with opposite moves in two commodity benchmarks: spot gold fell 0.52%, while front-month WTI settled 4...
Markets Are Full of Roads. That Doesn't Mean Capital Takes Them.
Five Solana wrappers on one company, one issuer-designated conversion route, and nine weeks of swap-level flow through it. Public data only, no position take...