Asset detail
PDD Holdings Inc PDD stock tokens & perpetuals
Tracked for PDD: 3 spot token markets and 7 perpetual markets across 8 trading venues.
PDD markets at a glance
- Among comparable spot token quotes, Binance's PDDB has the lowest normalized price, at -0.16% relative to the reference.
- The most actively traded is the stock perpetuals NCSKPDD2USD-USDT on BingX, with $681.2K in 24h volume.
- On-chain, you can swap for PDDon directly (BNB Chain). Check the official contract address below before buying.
- 7 perpetual markets are tracked, with a highest listed leverage of 100× and funding rates from 0.0000% to +0.0050%. Check each contract's funding interval.
- Minimum orders start from about $0.78.
- Data as of (sources and method)
- Token symbols: PDDon, PDDB
About PDD Holdings Inc (PDD)
PDD Holdings Inc (PDD) is an e-commerce company, founded in 2018 and headquartered in Dublin. Industry: e-commerce. About 12,992 employees.
PDD Holdings Inc (PDD) key figures
- Of the 10 PDD Holdings Inc (PDD) markets we track, BingX has the most activity, with 45% of 24h volume; spot tokens traded $190.4K and perpetuals $1.32M in total.
- The reference price moved -5.90% over 7 days, -4.66% over 30 days; its 30-day low was US$ 76.44 (Nov 13) and high US$ 85.50 (Nov 5).
- Over the last 30 days, PDDBUSDT on Binance ranged from a -0.55% premium (Nov 8) to +0.20% (Oct 20) against the stock.
- Funding is highest on BingX (+0.0050%) and lowest on Binance (0.0000%); at the highest rate with 8-hour settlement, a $10,000 long pays about $1.5 a day.
- On Oct 30, OKX listed the perpetual PDD-USDT-SWAP.
- Ondo, xStocks published official contract addresses on 10 chains; verify them below before buying on-chain.
Compare price and volume
Venue
| Venue | Type | Price | Premium | 24h volume | Trade |
|---|---|---|---|---|---|
| MEXC |
Stock token
PDDONUSDT · Ondo
More metrics
|
US$ 78.38 | 0.00% | $146.5K | Trade |
|
Binance
Best price
|
Stock token
PDDBUSDT · bStocks · min order $5
More metrics
|
US$ 78.26 | -0.16% | $41.9K | Trade |
| BNB Chain |
Onchain spot token
PDDon · Ondo
More metrics
|
US$ 78.26 | -0.16% | $1.8K | Trade |
|
BingX
Most active
|
Stock perpetual
NCSKPDD2USD-USDT · min order $2
More metrics
|
US$ 78.36 | -0.03% | $681.2K | Trade |
| Binance |
Stock perpetual
PDDUSDT · min order $5
More metrics
|
US$ 78.35 | -0.02% | $333.8K | Trade |
| Bitget |
Stock perpetual
PDDUSDT · min order $5
More metrics
|
US$ 78.37 | -0.09% | $132.7K | Trade |
| MEXC |
Stock perpetual
PDDSTOCK_USDT · min order $0.78
More metrics
|
US$ 78.43 | -0.08% | $101.0K | Trade |
| Bybit |
Stock perpetual
PDDUSDT · min order $5
More metrics
|
US$ 78.46 | +0.11% | $32.8K | Trade |
| OKX |
Stock perpetual
PDD-USDT-SWAP · min order $7.84
More metrics
|
US$ 78.42 | +0.05% | $26.5K | Trade |
| Gate |
Stock perpetual
PDD_USDT · min order $7.84
More metrics
|
US$ 78.38 | -0.02% | $11.6K | 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 PDD on 1 venues (721 hours of data).
Binance PDDBUSDT averaged a -0.08% premium.
On weekdays the average gap to the stock was 0.09%; on weekends it widened to 0.14%, 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. |
|---|---|---|
| Binance PDDBUSDT | -0.08% | -0.13% |
Stock token premium to the underlying
- MEXC · PDDONUSDT
- Binance · PDDBUSDT
- BNB Chain · PDDon
Show daily data
| Date | MEXC · PDDONUSDT | Binance · PDDBUSDT | BNB Chain · PDDon |
|---|---|---|---|
| 2026-11-15 | 0.00% | -0.16% | -0.16% |
| 2026-11-14 | +0.06% | -0.13% | -0.19% |
| 2026-11-13 | +0.36% | -0.09% | +0.01% |
| 2026-11-12 | +0.31% | +0.05% | -0.14% |
| 2026-11-11 | -0.32% | -0.10% | +0.15% |
| 2026-11-10 | -0.45% | -0.11% | -0.15% |
| 2026-11-09 | +0.27% | -0.07% | +0.10% |
| 2026-11-08 | -0.17% | -0.15% | -0.14% |
Underlying price
Show daily data
| Date | Underlying price |
|---|---|
| 2026-11-15 | 78.38 |
| 2026-11-14 | 78.45 |
| 2026-11-13 | 78.85 |
| 2026-11-12 | 77.35 |
| 2026-11-11 | 78.60 |
| 2026-11-10 | 79.51 |
| 2026-11-09 | 80.74 |
| 2026-11-08 | 83.04 |
Perpetual funding rate history (per 8 hours)
- BingX · NCSKPDD2USD-USDT
- Binance · PDDUSDT
- Bitget · PDDUSDT
- MEXC · PDDSTOCK_USDT
Show daily data
| Date | BingX · NCSKPDD2USD-USDT | Binance · PDDUSDT | Bitget · PDDUSDT | MEXC · PDDSTOCK_USDT |
|---|---|---|---|---|
| 2026-11-15 | +0.0050% | 0.0000% | 0.0000% | 0.0000% |
| 2026-11-14 | +0.0050% | 0.0000% | 0.0000% | 0.0000% |
| 2026-11-13 | +0.0089% | 0.0000% | 0.0000% | 0.0000% |
| 2026-11-12 | +0.0520% | +0.0540% | 0.0000% | +0.0543% |
| 2026-11-11 | +0.0020% | 0.0000% | 0.0000% | 0.0000% |
| 2026-11-10 | +0.0437% | +0.0324% | 0.0000% | +0.0319% |
| 2026-11-09 | +0.0462% | +0.0336% | 0.0000% | +0.0340% |
| 2026-11-08 | +0.0050% | 0.0000% | 0.0000% | 0.0000% |
Average funding rates
| Venue | 7-day average | 30-day average | Annualized |
|---|---|---|---|
| BingX NCSKPDD2USD-USDT | +0.0286% | +0.0171% | +18.73% |
| Binance PDDUSDT | +0.0226% | +0.0119% | +13.05% |
| Bitget PDDUSDT | +0.0026% | +0.0010% | +1.07% |
| MEXC PDDSTOCK_USDT | +0.0226% | +0.0119% | +13.05% |
| Bybit PDDUSDT | +0.0026% | +0.0009% | +0.96% |
| OKX PDD-USDT-SWAP | +0.0234% | +0.0159% | +17.39% |
| Gate PDD_USDT | 0.0000% | -0.0003% | -0.35% |
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 Gate (7-day avg 0.0000%) and short on BingX (+0.0288%) differ by +0.0288% per 8 hours on average, or +31.51% 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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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.
Know before trading
Before trading / FAQ
Which venues list PDD stock tokens & perpetuals?
The tracked venues include Binance, OKX, Bybit, Gate, Bitget, MEXC, BingX, BNB Chain. Check the product type for each stock tokens & perpetuals listing, along with the venue's location and account restrictions.
Can PDD 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 0.14% on weekends versus 0.09% on weekdays.
What is the minimum order for PDD stock tokens & perpetuals?
The lowest minimum order across venues is currently about $0.78 (MEXC). For on-chain swaps, also check route limits, liquidity and network fees.
What is the difference between the PDD token versions?
PDD has token versions issued by bStocks, 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: PDDon, PDDB. Check the symbol and issuer before buying.
Do PDD stock token holders get dividends?
bStocks: see Binance's product terms for how dividends are handled. 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
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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