Recently, BNB chain @BNBCHAINZH

More and more people have been talking about bStocks lately. I already shared the relevant data in my previous post, so I won’t go into it today.

Today I want to talk about how people’s focus has gradually shifted from simply going long or short at the very beginning, to more detailed strategies like LP depth, on-chain liquidity, capital efficiency, and arbitrage opportunities.

I think this is a signal worth paying attention to: the on-chain ecosystem for US stocks has long been more than just “tokenized stocks.”

The most obvious sign is the recent surge in popularity of meme coins in the stocks category.

For example, the MarsCoin that everyone is familiar with—its trading liquidity pool doesn’t use the usual BNB or USDT. Instead, it uses SPCXB, the bStock underlying asset that is benchmarked against SpaceX.

To trade this meme coin, you first have to go through SPCXB. For the tax fees charged with each transaction, part of it will be distributed to SPCXB holders.

Not long ago, Big Brother also publicly stated support for meme coins. Binance Wallet even specifically added a “Stock Meme” section, where a few of the top projects by market cap have their underlying assets all tied to bStocks.

This actually already says a lot: bStocks’ own open exposure itself carries additional option value.

The SPYB, SPCXB, and NVDAB that you hold may very likely become entry passes for even more new meme projects in the future.

Meme is just surface-level hype—the underlying imagination space of bStocks is the real core.

A lot of people’s impression of bStocks is still stuck at “buy and wait for price to go up or down,” but actually the entire on-chain ecosystem is already laid out pretty comprehensively now. After all, if Binance were to do it, they would definitely do it in a more complete way.

Spot trading, LP market-making, professional market-making funding pools, collateralized lending and borrowing, meme coin issuance—basically the mainstream on-chain finance scenarios are all covered. The token pool has also been expanding continuously: from the original 5, gradually adding to more than ten now.

To put it simply, buying bStocks is just the first step.

Get ahead of it early: figure out which tokens have LP pools, how deep the pools are, and whether there are extra incentives. Once the hype picks up, whether you’re earning trading fees or participating in other ways within the ecosystem, it’ll be much more comfortable than chasing gains after the fact.

Here’s another good way to participate right now: trade bStocks with the Binance Wallet (including the newly launched QQQB), and you can enjoy a time-limited 4x Alpha points boost. Trading volume is counted as 4x for points. For friends who previously left the job, should you consider coming back now? Hahaha!

The participation method isn’t complicated either. On the App side, go in through your Web3 wallet, then find Markets-Alpha-Tokenized Securities. There’s also a corresponding entry on the web page.

This activity is time-limited. The specific rules are subject to the latest official announcement. It’s suitable for people who already have trading needs to participate conveniently.

Overall, bStocks’玩法 is still iterating fast—it’s far from its final form.

From spot trading to the LP ecosystem, then to the meme narrative and various derivative gameplay—the boundaries of this whole track have kept expanding.

Keep up with updates and get the rules figured out early—being steady is better than following the crowd after the hype kicks in.

Once there are new things to share, I’ll update everyone. Still the old rules: any investment operation carries risk, and the market will be volatile. Just operate within your own risk tolerance.