LIQUIDITY DEPTH · ROBINHOOD CHAIN

The price you see
isn't always the price you get.

Sounding measures how much of a tokenized stock’s quoted value you could actually sell right now, before slippage eats the trade.

View the score ↗How it works
NVDA · TOKENIZEDSAMPLE CALCULATION
QUOTED VALUE · $2.14M POOL REF.REAL EXIT DEPTH: $612KSHALLOW
QUOTED REF.$2.14M
EXECUTABLE DEPTH$612K
SOUNDING RATIO0.29
Illustrative methodology demo · live scoring in development

METHODOLOGY

One ratio: what’s actually sellable, over what’s claimed.

Tokenized-equity pools can be much thinner than the market cap they’re priced against. Sounding turns that gap into one number per ticker.

01

Pull the reference

Quoted price and implied value come from the chain’s settlement reference.

02

Sum executable depth

Walk every venue, pool, fee, and slippage curve to total what could actually be sold.

03

Score the ratio

Executable depth divided by quoted reference value. A condition, not a verdict.

STATUS

What’s actually live right now.

Early access coverage is limited to tickers with enough on-chain history to score reliably.

TICKERVENUESRATIOSTATUS
AAPLUniswap · Arcus0.61● Live
NVDAUniswap · Lighter0.29● Shallow
COSTUniswap0.54● Live
GME—pending● Building
Sample calculations for methodology review, not live production data.

$SND UTILITY

The scanner is free.
Depth is what’s gated.

FREE

Surface

Current Sounding Ratio, daily refresh, and shallow-water flag.

HOLD $SND

Full depth

Real-time updates, alerts, historical depth charts, and API access.

THE OBVIOUS ONES

Questions.

Is this live yet?

The methodology is real, but scores shown here are sample calculations. Live production scoring ships with public launch.

Does a low ratio mean the stock is bad?

No. It describes an on-chain liquidity condition, not the underlying company or its fundamentals.

Is Sounding affiliated with the venues or companies listed?

No. Sounding is an independent analytics concept.