TSLAB in the cryptocurrency market represents tokenized Tesla shares issued by bStocks and traded primarily on the Binance platform. Each token is 100% backed by the automakerโs underlying shares, which are held by a licensed broker-dealer in the United States.
Price action: The asset is currently trading in the $355โ$380 range. Its all-time high (ATH) was recorded on July 1, 2026, at $432.76, while its local low (ATL) was $294.05 in late July.
Macroeconomic dependence: The tokenโs price directly mirrors the movement of Tesla Inc. (TSLA) shares on the U.S. stock market. For example, the recent release of hot U.S. inflation data (CPI) triggered a broad correction in the technology sector, locally dragging TSLAB down.
Growth drivers (DeFi integration): Since summer 2026, bStocks has been actively integrating the token into the DeFi space. Venus Protocol launched a pilot test of TSLAB as collateral on BNB Chain, with a 60% collateral factor. This opens up long-term prospects for margin lending backed by tokenized stocks.
Liquidity: Total trading volume for bStocks has surpassed $100 million. TSLABโs daily trading volume fluctuates around $8โ$13 million, providing high liquidity for traders.