According to @ai_9684xtpa, OKX opened SLERF deposits and the SLERF spot price rapidly dropped from 0.23 to 0.07982, aligning with on-chain pricing, while Binance SLERF perpetuals fell to 0.07856 (source: @ai_9684xtpa on X, Oct 18, 2025). According to @ai_9684xtpa, Binance had not moved at the time of the post, and the immediate price convergence indicates the CEX-on-chain basis collapsed and the short-lived arbitrage window effectively closed for momentum traders (source: @ai_9684xtpa on X, Oct 18, 2025).

According to @adriannewman21, the planned Pokémon internet capital market for tokenized trading cards could disappoint traders because many are assuming sharp on-chain pumps while the underlying physical Pokémon cards already have tangible real-world price benchmarks that may limit reflexive upside and expose mispricing risk (source: @adriannewman21 on X, Sep 3, 2025). He adds that unlike footballdotfun assets that lack comparable real-world benchmarks, tokenized Pokémon cards will likely trade relative to established IRL valuations, implying premiums may compress and basis could converge toward physical prices in the on-chain collectibles market (source: @adriannewman21 on X, Sep 3, 2025). For trading, this view suggests focusing on premium/discount versus physical benchmarks, avoiding blind pump narratives, and prioritizing price discovery across RWA tokenization and NFT market microstructure (source: @adriannewman21 on X, Sep 3, 2025).