DEV Community: NexuAlphaData

Which exchanges offer tokenized US stocks? A source-dated tracker of stock tokens, stock perps and pre-IPO perps (Oct 2026)

NexuAlphaData — Tue, 20 Oct 2026 22:37:56 +0000

"Tokenized stocks" now means three different things on exchanges, and most comparison articles blur them. I went through the official pages of 11 venues and recorded, with the source date, which of these each one actually lists:

Stock tokens: a token that tracks a listed share and can be bought on spot (xStocks, Ondo, rToken, bStocks).
Stock perpetuals: a futures contract on a share price, no token delivered.
Pre-IPO perpetuals: a perp on a company that is not yet listed.

Dataset (CC BY 4.0): https://nexualpha.com/data/tokenized-stock-tracker · CSV mirror: https://github.com/berlin20258989-eng/nexualpha-data

What each venue lists (source dates 2025-07 to 2026-10)

Venue	Stock token	Stock perp	Pre-IPO perp
Bitget	yes (rToken)	yes	yes
OKX	yes (xStocks)	yes	yes
Binance	yes (bStocks)	yes	yes
Bybit	yes (xStocks)	yes	yes
Gate	yes (xStocks)	yes	yes
Kraken	yes (xStocks)	yes	no
MEXC	yes (Ondo)	yes	no
Backpack	yes	yes	no
Hyperliquid	no	yes (trade[XYZ])	yes
HTX	no	yes	yes
CoinW	no	yes	no

Numbers worth knowing (each with its own source date in the CSV)

Bitget's source states 1,700+ listed stock tokens (as of 2026-08). OKX's states 40+ (2026-07). Kraken lists 131 xStocks (2026-09-18). Counts are not comparable across venues: they use different definitions.
Maximum leverage stated on stock perps ranges from 10x (CoinW, Backpack) to 20x (Binance, Gate, MEXC, Kraken, Hyperliquid) and 100x at Bitget. Kraken's stock tokens are listed at 3x.
Pre-IPO perps: Bitget, Binance and Gate state 20x, 20x and 10x; Hyperliquid states 5x.
Almost every venue restricts US residents; several also restrict the UK, Canada, Singapore, Hong Kong or China. Check the restricted_regions column for your country before you register.

Why the dates matter

This market changes weekly. A listing page from 2025 (Gate's, for example) is not evidence for 2026 availability, so every row carries source_url, source_date and a source_date_kind field (published vs. last seen). Cells I could not source are left empty rather than guessed.

Disclosure

NexuAlpha is free to use and funded by disclosed exchange referral programmes; the tracker does not depend on that funding. Method: https://nexualpha.com/methodology. If a row is outdated, send me the official page with the newer date and I will re-read it.

Crypto exchange fees compared: base-tier maker/taker for 13 venues (open CSV, Oct 2026)

NexuAlphaData — Tue, 20 Oct 2026 21:07:17 +0000

I re-read the official fee pages of 13 crypto venues and put the base-tier numbers (VIP 0 / regular user) into one open CSV. The point of the exercise: fee pages differ in tier, scope and date, so most "which exchange is cheapest" lists compare numbers that were never comparable.

Dataset (CC BY 4.0): https://nexualpha.com/data/exchange-fee-index · mirror on GitHub: https://github.com/berlin20258989-eng/nexualpha-data

Base-tier fees, % of notional (reviewed 2026-10-10; HTX 2026-10-14)

Venue	Spot maker	Spot taker	Perp maker	Perp taker
Deribit	0.02	0.05	0.015	0.035
Hyperliquid	0.04	0.07	0.015	0.045
OKX	0.08	0.10	0.02	0.05
Binance	0.10	0.10	0.02	0.05
Gate	0.10	0.10	0.02	0.05
Bybit	0.10	0.10	0.02	0.055
Bitget	0.10	0.10	0.02	0.06
HTX	0.20	0.20	0.02	0.06
Kraken	0.40	0.80	0.02	0.05
dYdX	not offered	not offered	0.01	0.05

KuCoin has a checked perp row (0.02 / 0.06) but no verified spot row; MEXC and Coinbase are marked not-checked in the CSV on purpose, because their official pages gave conflicting or tier-dependent numbers. A blank is better than a guess.

What it costs in practice

A $10,000 market buy followed by a market sell on spot (taker both ways):

Deribit: $10
Hyperliquid: $14
OKX, Binance, Gate, Bybit, Bitget: $20
HTX: $40
Kraken: $160

On perpetuals the spread is much smaller. A $10,000 position opened and closed at taker rates costs $7 on Deribit, $9 on Hyperliquid, $10 on Binance, OKX, Gate, Kraken and dYdX, and $11–12 on Bybit, Bitget, HTX and KuCoin. Maker orders roughly halve that, and VIP tiers, token-fee discounts and referral rebates change the picture again, which is exactly why the CSV records the tier and the scope of every row.

How the data is kept honest

Every row carries the official source URL and the date it was re-read.
spot_scope / perp_scope say which tier and product the number applies to (for example "VIP 0 USDT-M futures").
Rows with conflicting sources are withheld instead of averaged.
The CSV is regenerated from the site, and the GitHub repo mirrors it.

Disclosure

NexuAlpha is free to use and funded by disclosed exchange referral programmes. The fee index does not depend on that funding, and the methodology is public: https://nexualpha.com/methodology

If a number on your venue is out of date, tell me which official page shows the new one and I will re-read it.