Coinbase's Weekend Token Trading Keeps Prices Close to Reference Values
Coinbase has introduced its new B20 stock tokens on Base, which allow users to trade exposure to Apple, Alphabet, Meta, and Nvidia shares even when the US equity market is closed.
The tokens, AAPLc, GOOGLc, METAc, and NVDAc, are designed for eligible users outside the United States and differ from ordinary US-listed shares. They provide continuous secondary transferability and can be traded through always-on automated market makers.
A snapshot of the leading Aerodrome pools at 05:45 UTC showed about $6.07 million in aggregate displayed liquidity and $7.08 million in aggregate 24-hour volume. The prices of the tokens held close to Friday reference values, with small gaps between the DEX price and the held Chainlink value.
The introduction of tokenized stocks as DeFi collateral has raised questions about borrowing risk. Base's B20 integration guide says the launch assets use Chainlink 24/5 total-return feeds, which hold the last value and its updatedAt timestamp stops advancing on weekends and holidays.