Alibaba Group Holding - Backpack Securities · Backpack. What the asset itself looks like as a market, then the coins using it as their unit of account.
Checks on the quote asset itself, before anything priced in it. Arithmetic on public data, not a verdict.
StonkFun lists this mint as a quote asset under Backpack and Jupiter marks it verified. A token with the same name at another address is not it.
Thin. A modest trade moves the price, and every coin priced in it is quoted off that price.
Pyth publishes an always-on BABA price (Equity.Index.BABA/USD), so the on-chain quote has something to be checked against after the close too.
orca, raydium, pumpswap, meteora. Several venues, so one pool drying up does not end its market.
A few thousand wallets.
Normal for a tokenized stock: the issuer mints against deposits and can freeze an account for compliance. It also means the token is a claim on the issuer, not the share itself.
Thresholds: liquidity $1M / $100K, holders 10K / 1K, venues 3 / 2 DEXes with ≥ $1K. Method →
The 25 most traded of 551 coins quoted in BABA. Turnover is 24h volume ÷ liquidity across every pool the coin is in; far above 5× is churning faster than organic demand usually does (23 here). The address identifies the coin; it says nothing about whether it is any good.
StonkFun coins launched in Community Mode against BABA send 33% of every holder payout to wallets holding BABA, pushed to them with nothing to claim. Top senders: .
Every quote token → Holder rewards · Community modePost this page's link anywhere and the card unfurls with it. It renders when someone opens the link, so the figures are current then, not when you posted.
| 3 |
| 88 |
| reward |
| $3.0K |
| $1.1K |
| $5.04 |
| 209.5× |
| — |
| 1 |
| Buy ↗ |
| 4 | CHIP | reward | $2.9K | $1.1K | $18.21 | 57.9× | — | 22 | Buy ↗ |
| 5 | KALMIA | reward | $3.7K | $1.1K | $381.71 | 2.8× | — | 7 | Buy ↗ |
| 6 | XINU | reward | $3.0K | $935.00 | $26.36 | 35.5× | — | 3 | Buy ↗ |
| 7 | CHIP | reward | $2.8K | $929.06 | $4.05 | 229.3× | — | 1 | Buy ↗ |
| 8 | YUNO | reward | $1.9K | $916.31 | $3.78 | 242.5× | — | 1 | Buy ↗ |
| 9 | QWEN 4 | reward | $3.7K | $901.76 | $404.96 | 2.2× | — | 8 | Buy ↗ |
| 10 | Qwen | reward | $2.4K | $888.89 | $3.81 | 233.3× | — | 2 | Buy ↗ |
| 11 | niulai | reward | $2.6K | $888.86 | $3.83 | 231.9× | — | 2 | Buy ↗ |
| 12 | c/acc | reward | $2.7K | $887.02 | $8.26 | 107.4× | — | 3 | Buy ↗ |
| 13 | LARP | reward | $2.2K | $816.51 | $3.48 | 234.5× | — | 1 | Buy ↗ |
| 14 | V900 | reward | $2.9K | $814.24 | $3.62 | 225.1× | — | 1 | Buy ↗ |
| 15 | CHIP | reward | $2.7K | $814.05 | $3.59 | 226.5× | — | 2 | Buy ↗ |
| 16 | Xi | reward | $3.1K | $811.55 | $6.67 | 121.8× | — | 5 | Buy ↗ |
| 17 | FAKER | reward | $2.1K | $809.41 | $4.10 | 197.5× | — | 3 | Buy ↗ |
| 18 | Elon | reward | $2.4K | $809.37 | $3.52 | 229.8× | — | 2 | Buy ↗ |
| 19 | ANT | reward | $2.4K | $809.14 | $3.51 | 230.4× | — | 1 | Buy ↗ |
| 20 | 狗 | reward | $2.8K | $808.92 | $3.57 | 226.5× | — | 1 | Buy ↗ |
| 21 | Butthole | reward | $3.1K | $770.83 | $7.62 | 101.1× | — | 2 | Buy ↗ |
| 22 | Butthole | reward | $3.1K | $769.78 | $3.57 | 215.8× | — | 1 | Buy ↗ |
| 23 | MCGA | reward | $3.0K | $769.76 | $3.58 | 215.3× | — | 1 | Buy ↗ |
| 24 | Musume | reward | $3.1K | $769.19 | $3.58 | 215.0× | — | 1 | Buy ↗ |
| 25 | QI | reward | $2.9K | $743.56 | $3.34 | 222.4× | — | 1 | Buy ↗ |