Asset detail
Strategy MSTR stock tokens & perpetuals
Tracked for MSTR: 9 spot token markets and 8 perpetual markets across 11 trading venues.
MSTR markets at a glance
- Among comparable spot token quotes, OKX's MSTRx has the lowest normalized price, at +1.55% relative to the reference.
- The most actively traded is the stock perpetuals MSTRUSDT on Binance, with $244.38M in 24h volume.
- On-chain, you can swap for MSTRx directly (Solana). Check the official contract address below before buying.
- 8 perpetual markets are tracked, with a highest listed leverage of 100× and funding rates from 0.0000% to +0.8907%. Check each contract's funding interval.
- Minimum orders start from about $0.5.
- Data as of (sources and method)
- Token symbols: MSTRB, MSTRx, MSTRon
About Strategy (MSTR)
Strategy (MSTR) is an American technology company, founded in 1989 and headquartered in Tysons. Industry: data visualization, technology industry, business intelligence, software industry. About 1,539 employees.
Strategy (MSTR) key figures
- Of the 17 Strategy (MSTR) markets we track, Binance has the most activity, with 53% of 24h volume; spot tokens traded $38.76M and perpetuals $466.28M in total.
- The reference price moved -22.41% over 7 days, -32.21% over 30 days; its 30-day low was US$ 96.71 (Nov 14) and high US$ 155.02 (Oct 21).
- Over the last 30 days, MSTRBUSDT on Binance ranged from a -2.08% premium (Nov 14) to +1.83% (Nov 15) against the stock.
- Funding is highest on Hyperliquid (+0.8907%) and lowest on Binance (0.0000%); at the highest rate with 8-hour settlement, a $10,000 long pays about $267 a day.
- Ondo, xStocks published official contract addresses on 11 chains; verify them below before buying on-chain.
Compare price and volume
Venue
| Venue | Type | Price | Premium | 24h volume | Trade |
|---|---|---|---|---|---|
| Binance |
Stock token
MSTRBUSDT · bStocks · min order $5
More metrics
|
US$ 101.64 | +1.83% | $23.62M | Trade |
| OKX |
Stock token
XMSTR-USDT · xStocks · min order $1.01
More metrics
|
US$ 101.46 | +1.65% | $11.01M | Trade |
|
Solana
Price off +39.43%
|
Onchain spot token
MSTRx · xStocks
More metrics
|
US$ 139.17 | — | $1.69M | Trade |
| Kraken |
Stock token
MSTRx/USD · xStocks · min order $0.5
More metrics
|
US$ 101.39 | +1.58% | $819.7K | Trade |
|
OKX
Best price
|
Stock token
XMSTR-USDC · xStocks · min order $1.01
More metrics
|
US$ 101.36 | +1.55% | $768.7K | Trade |
| MEXC |
Stock token
MSTRONUSDT · Ondo
More metrics
|
US$ 101.62 | +1.81% | $329.7K | Trade |
| Gate |
Stock token
MSTRON_USDT · Ondo · min order $3
More metrics
|
US$ 101.71 | +1.90% | $292.3K | Trade |
| Gate |
Stock token
MSTRX_USDT · xStocks · min order $3
More metrics
|
US$ 101.49 | +1.68% | $219.8K | Trade |
| Pintu |
Stock token
MSTRONIDR · Ondo
More metrics
|
US$ 102.01 | +2.20% | — | Trade |
|
Binance
Most active
|
Stock perpetual
MSTRUSDT · min order $5
More metrics
|
US$ 101.71 | +2.03% | $244.38M | Trade |
| OKX |
Stock perpetual
MSTR-USDT-SWAP · min order $1.02
More metrics
|
US$ 101.70 | +1.95% | $68.10M | Trade |
| Bybit |
Stock perpetual
MSTRUSDT · min order $5
More metrics
|
US$ 101.63 | +2.07% | $44.38M | Trade |
| Bitget |
Stock perpetual
MSTRUSDT · min order $5
More metrics
|
US$ 101.65 | +1.78% | $40.05M | Trade |
| Hyperliquid |
Stock perpetual
xyz:MSTR · min order $10
More metrics
|
US$ 101.37 | +1.98% | $35.05M | Trade |
| Gate |
Stock perpetual
MSTR_USDT · min order $1.02
More metrics
|
US$ 101.70 | +0.34% | $17.61M | Trade |
| MEXC |
Stock perpetual
MSTRSTOCK_USDT · min order $1.02
More metrics
|
US$ 101.58 | +0.98% | $9.12M | Trade |
| BingX |
Stock perpetual
NCSKMSTR2USD-USDT · min order $2
More metrics
|
US$ 101.70 | -0.02% | $7.58M | Trade |
Outside regular US market hours the underlying price and premium are indicative only.
Historical trends
Premium and price history
Premium over the last 30 days
Over the last 30 days we recorded hourly token prices for MSTR on 4 venues (721 hours of data).
On average, OKX XMSTR-USDT tracked the stock most closely (+0.01%), while Kraken MSTRx/USD drifted the most (-0.12%).
In hours when several venues had prices, Kraken MSTRx/USD was the cheapest 59% of the time.
On weekdays the average gap to the stock was 0.09%; on weekends it widened to 0.19%, because only token traders set the price while the stock market is closed. Watch the premium when buying on weekends.
| Venue | Avg. premium | Weekend avg. | Cheapest share of time |
|---|---|---|---|
| Binance MSTRBUSDT | -0.05% | -0.11% | 12% |
| OKX XMSTR-USDT | +0.01% | -0.02% | 1% |
| Kraken MSTRx/USD | -0.12% | -0.18% | 59% |
| OKX XMSTR-USDC | -0.09% | -0.12% | 29% |
Stock token premium to the underlying
- Binance · MSTRBUSDT
- OKX · XMSTR-USDT
- Kraken · MSTRx/USD
- OKX · XMSTR-USDC
Show daily data
| Date | Binance · MSTRBUSDT | OKX · XMSTR-USDT | Kraken · MSTRx/USD | OKX · XMSTR-USDC |
|---|---|---|---|---|
| 2026-11-15 | +1.83% | +1.65% | +1.58% | +1.55% |
| 2026-11-14 | +0.79% | +1.08% | +0.94% | +1.05% |
| 2026-11-13 | +0.05% | +0.06% | 0.00% | -0.03% |
| 2026-11-12 | -0.06% | -0.06% | -0.03% | -0.15% |
| 2026-11-11 | +0.02% | +0.01% | -0.04% | -0.02% |
| 2026-11-10 | +0.11% | +0.13% | +0.04% | -0.03% |
| 2026-11-09 | -0.01% | -0.04% | -0.19% | -0.06% |
| 2026-11-08 | -0.76% | -0.64% | -0.88% | -0.68% |
Underlying price
Show daily data
| Date | Underlying price |
|---|---|
| 2026-11-15 | 99.81 |
| 2026-11-14 | 97.79 |
| 2026-11-13 | 109.68 |
| 2026-11-12 | 114.65 |
| 2026-11-11 | 120.53 |
| 2026-11-10 | 121.46 |
| 2026-11-09 | 126.70 |
| 2026-11-08 | 125.08 |
Perpetual funding rate history (per 8 hours)
- Binance · MSTRUSDT
- OKX · MSTR-USDT-SWAP
- Bybit · MSTRUSDT
- Bitget · MSTRUSDT
Show daily data
| Date | Binance · MSTRUSDT | OKX · MSTR-USDT-SWAP | Bybit · MSTRUSDT | Bitget · MSTRUSDT |
|---|---|---|---|---|
| 2026-11-15 | 0.0000% | +0.0065% | +0.6079% | +0.0032% |
| 2026-11-14 | -0.5762% | -0.4820% | -0.4343% | -0.2331% |
| 2026-11-13 | +0.0085% | 0.0000% | 0.0000% | +0.0038% |
| 2026-11-12 | +0.0277% | +0.0200% | +0.0194% | +0.0200% |
| 2026-11-11 | 0.0000% | 0.0000% | 0.0000% | 0.0000% |
| 2026-11-10 | +0.0109% | +0.0041% | +0.0233% | +0.0162% |
| 2026-11-09 | +0.0269% | +0.0076% | 0.0000% | +0.0184% |
| 2026-11-08 | -0.1315% | -0.1023% | -0.1524% | -0.0892% |
Average funding rates
| Venue | 7-day average | 30-day average | Annualized |
|---|---|---|---|
| Binance MSTRUSDT | -0.0235% | +0.0006% | +0.65% |
| OKX MSTR-USDT-SWAP | -0.0214% | +0.0009% | +1.01% |
| Bybit MSTRUSDT | -0.0079% | +0.0062% | +6.78% |
| Bitget MSTRUSDT | -0.0055% | +0.0099% | +10.89% |
| Hyperliquid xyz:MSTR | -0.0062% | +0.0062% | +6.78% |
| Gate MSTR_USDT | -0.0035% | +0.0015% | +1.65% |
| MEXC MSTRSTOCK_USDT | -0.0235% | +0.0006% | +0.63% |
| BingX NCSKMSTR2USD-USDT | +0.0129% | +0.0226% | +24.77% |
Funding is shown per 8 hours (hourly venues such as Hyperliquid are converted); when positive, longs pay shorts. Annualized figures use the 30-day average, or the 7-day average when there are fewer than 14 days of data, and actual costs change with the market. Estimate holding costs
Cross-venue funding gap: long on Binance (7-day avg -0.0236%) and short on BingX (+0.0108%) differ by +0.0344% per 8 hours on average, or +37.71% annualized (before fees and price gaps). Funding arbitrage and basis →
Shaded bands mark regular US trading hours; stats include only tokens with a known share ratio and enough liquidity. How we calculate
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Before signing up: Binance account guide · OKX account guide · Bybit account guide · Gate account guide
Asset verification
Official contract addresses (avoid fakes)
Many copycat tokens use the same name on-chain. Only trust the issuer-published addresses below and double-check the address in your wallet or swap page before buying.
| Issuer | Chains | Contract address | Copy |
|---|---|---|---|
| Ondo MSTRon | Solana | FSz4ou…u2ondo |
|
| Ondo MSTRon | Ethereum | 0xCabD…B5556F |
|
| Ondo MSTRon | BNB Chain | 0x7313…ec8992 |
|
| xStocks MSTRx | Solana | XsP7xz…jdxxyZ |
|
| xStocks MSTRx | Ethereum, BNB Chain, Arbitrum, Optimism, Mantle, HyperEVM, Ink, X Layer | 0xae2f…49b08e |
|
| xStocks MSTRx | TON | EQBbsL…Up-46H |
|
| xStocks MSTRx | Tron | TYiMPN…932LkV |
Know before trading
Before trading / FAQ
Which venues list MSTR stock tokens & perpetuals?
The tracked venues include Binance, OKX, Bybit, Gate, Bitget, MEXC, BingX, Kraken, Pintu, Hyperliquid, Solana. Check the product type for each stock tokens & perpetuals listing, along with the venue's location and account restrictions.
Can MSTR stock tokens & perpetuals be traded on weekends?
Most venues trade at weekends, but while the stock market is closed prices are set only by traders and can drift further: over the last 30 days the average gap was 0.19% on weekends versus 0.09% on weekdays.
What is the minimum order for MSTR stock tokens & perpetuals?
The lowest minimum order across venues is currently about $0.5 (Kraken). For on-chain swaps, also check route limits, liquidity and network fees.
What is the difference between the MSTR token versions?
MSTR has token versions issued by bStocks, xStocks, Ondo. They track the same stock but are issued and held by different institutions, cannot be swapped for each other directly, and differ in price, liquidity and where they trade. Common symbols: MSTRB, MSTRx, MSTRon. Check the symbol and issuer before buying.
Do MSTR stock token holders get dividends?
bStocks: see Binance's product terms for how dividends are handled. xStocks: dividends are reinvested after tax, raising the shares each token represents. Ondo: dividends are also reinvested into the value of each token. Perpetuals only track the price and pay no dividends; some venues adjust contracts around ex-dividend dates under their own rules.
New to terms like premium or funding rate? See the glossary →
Related guides
Tokenized Stocks vs Shares and Stock Perpetuals
How to Buy Stock Tokens on Solana: Wallet, Swap Steps and Avoiding Fakes
What Are Stock Perpetuals? How Funding Rates Work and How to Calculate Them
Why Stock Tokens Trade at a Premium or Discount to the Stock
Do Stock Tokens Pay Dividends? How xStocks and Ondo Reinvest Them
Can You Trade Stock Tokens on Weekends? Trading Hours and Price Gaps
Are Stock Tokens Safe? Issuer, Custody, Venue and Fake Token Risks