Tokenized stocks.Real price protection.

Advanced Execution

Trade at the price of the real stock. With proof.

1The Reference

Price protection, built in

A reference price for each asset. Orders too far from it are rejected, not filled.

Drag your limit price$100.00
✓ Acceptedwithin band
Band width shown for illustration.
2The Book

A real order book

Resting liquidity from professional market makers, with price-time priority.

BID$99.99
MID$100.005
ASK$100.02
SIZE · TOTALPRICE (USD)
85385$100.10
80300$100.08
95220$100.06
60125$100.04
6565$100.02
SPREAD$0.03 · 3.00 bps
8585$99.99
70155$99.97
65220$99.95
120340$99.93
45385$99.91
3The Report

Best execution, on the record

A per-order record with price across venues, your fill price and your slippage.

EXECUTION REPORT#TM-80421
Order
BUY 40
Reference
100.00
Venue range
99.98 – 100.05
Best quote
100.020
Fill price
100.015
Slippage vs. quote
+0.005 (+0.5 bps)
Settled
on-chain

Simulated orders and prices, for illustration

24/7 Trading

Trade on your clock, not Wall Street's.

True Markets168 hours a week
Nasdaq32.5 hours a week

Nasdaq regular hours: Mon–Fri, 9:30 AM – 4:00 PM ET.

Bridging TradFi and DeFi

The best of both markets.

Traditional markets have real prices but close at 4pm. AMM pools never close, but lose the price once the stock stops trading. True Markets keeps both.

Trading hours
Traditional markets
–32.5 hours a week, weekdays only
AMM pools
✓24/7
True Markets
✓24/7
Price after hours
Traditional markets
✕No trading once the market closes
AMM pools
✕Drifts from what the stock is worth
True Markets
✓Checked against a reference price
Order types
Traditional markets
✓Limit orders on an order book
AMM pools
✕Swaps against a pool, worse price as size grows
True Markets
✓Limit orders on an order book
Liquidity
Traditional markets
✓Professional market makers
AMM pools
–Whatever is in the pool
True Markets
✓Professional market makers
Custody
Traditional markets
–Held by your broker
AMM pools
✓Your own wallet
True Markets
✓Your own wallet
Settlement
Traditional markets
–T+1, through intermediaries
AMM pools
✓On-chain
True Markets
✓On-chain
Proof of execution
Traditional markets
✓Best-execution rules
AMM pools
✕None
True Markets
✓A best execution report on every order
Why True Markets

Real stocks deserve real execution.

Self-custody settlement
Your assets stay in your own wallet until the trade settles. No exchange deposit, no waiting on a settlement cycle. We place a hold on your wallet balance and settle on-chain after the match.
Hold → Match → SettleNo deposit
API and FIX access
Connect through the True Markets API or plug in your existing FIX connection. Same venue, same book.
REST APIFIX
Real order types
Set your price with a limit order on a real book. Every order waits its turn by price and time.
Sponsored gas
No gas tokens to hold or manage. Network fees are covered.
Stablecoin-native
Trade PYUSD and USDC directly for tokenized stocks.

FAQ

Give your users the real price. Around the clock.

Integrate tokenized stocks with price protection, a real book and a best execution report on every order.