Secondary market depth and settlement

Every settlement re-runs the compliance gate on both counterparties before the on-chain transfer finalises.

Market state

Open orders

Settled volume (30d)

$352,100

Buyback spread

4.5%

treasury quote

Median discount to NAV

−1.2%

peer listings

Peer listings and treasury buybacks across all projects.

Order	Token	Type	Quoted NAV	Price	vs NAV	Created	Status
ORD-5512	RTO-001144	peer listing	$212,460	$209,900	-1.20%	2026-07-24	OPEN
ORD-5509	RTO-000771	instant buyback	$188,200	$179,731	-4.50%	2026-07-21	SETTLED
ORD-5498	RTO-000633	peer listing	$174,300	$176,500	1.26%	2026-07-18	MATCHED
ORD-5486	RTO-000512	peer listing	$221,400	$224,000	1.17%	2026-07-15	OPEN
ORD-5470	RTO-000318	instant buyback	$163,900	$156,525	-4.50%	2026-07-09	SETTLED

ORD-5498 · peer trade matched, awaiting atomic transfer.