Mastertp Tradfi · the on-chain mirror
About — methodology & sources

Traditional finance, as it trades on-chain.

Tesla, Apple, gold, the S&P 500, U.S. Treasury bills, even pre-IPO names like Anthropic and SpaceX — all of these now exist as on-chain perpetual contracts and tokenized real-world assets. Mastertp Tradfi is a registration-free aggregator that shows you their prices and supply, side by side, across nine venues.

What this is

A read-only dashboard for traditional financial assets that have been mirrored onto blockchains — either as crypto-margined perpetual futures, as tokenized stocks (xStocks, Backed), as commodity tokens (PAXG, XAUT), or as on-chain Treasuries (Ondo USDY, BlackRock BUIDL, Hashnote USYC).

You don't sign up. You don't connect a wallet. You compare prices across venues, see how much spread there is, and when something looks unusual you click through.

The interesting question isn't "what is Tesla worth" — it's "what does Tesla cost when you buy it through nine different on-chain pipes, and what does the gap mean."

Why on-chain TradFi is its own thing

A perpetual contract on Tesla traded on Hyperliquid is not the same instrument as Tesla's NASDAQ stock. It is collateralized in USDC, settled by an oracle, funded every hour, and accessible 24/7. Its price is anchored to NASDAQ but can drift — the gap is information.

A tokenized share of TSLA on Solana through Backed isn't NASDAQ stock either. It is a separate token whose issuer holds the underlying as collateral, listed on perp DEXes as TSLAX. Its premium or discount tells you how the crypto market is pricing TradFi exposure right now.

And tokenized U.S. Treasuries — Ondo's USDY, BlackRock's BUIDL, Circle's USYC — are the other half of this story. They aren't traded on perps; they're held. Their supply curve, not their price, is what moves with institutional appetite.

What you'll find

Methodology

For each underlying we collect 1-minute close prices from every venue that lists it, then aggregate.

FieldDefinition
Representative pricemedian of fresh venues
Fresh venuerecv_ts within last 60s
24h changemedian of per-venue (now − close 24h prior) / close 24h prior
Spread(max − min) / median across fresh venues
Staleno fresh venue — display "—"
Market closedstocks · ET 16:00 – 09:30 weekday or weekend

We deliberately don't compute a volume-weighted average — most perp DEX feeds publish best-bid/ask and trade ticks but not consolidated venue volume. Median is robust to a single venue going stale or printing an outlier.

Data sources

We update prices every 5 seconds, build 1-minute / 1-hour / 1-day OHLC bars, and keep 7 days of minute-resolution data plus a permanent Parquet archive.

What this is not

This is not a brokerage, an exchange, or financial advice. Prices are observational data drawn from public market feeds. Some instruments — particularly Pre-IPO synthetics and some tokenized stocks — have very thin liquidity and may diverge meaningfully from any "fair" reference. Always verify on the underlying venue before trading.