$99.75−0.29% 24hBABAB from bStocks is the largest of 7 token versions, with 68% of the $13.30M tokenized market cap. On DEXs, perpetual futures traded $5.85M in 24 hours against $2.23M in spot pools.
Updated 29 Oct 2026, 14:53 UTC · Data: CoinGecko
- 7d change
- −2.77%
- 24h range
- $98.17 – $100.99
- Tokenized market cap
- $13.60M
- Volume (24h)
- $4.34M
- DEX spot (24h)
- $2.23M
- DEX perps (24h)
- $5.85M
- Token versions
- 7
CoinGecko tracks 7 tokenized versions of Alibaba - ADR (BABA) from 7 issuers: bStocks, Ondo, Robinhood, Reality, Dinari, ST0x and others. Together they are worth $13.60M and traded $4.34M in the last 24 hours. The largest is BABAB from bStocks, with a market cap of $9.08M. The tokens live on 9 blockchains, including BNB Chain, Ethereum and HyperEVM.
Alibaba - ADR tokens
- BABAB bStocks 68.3%
- BABAON Ondo 17.8%
- BABA Robinhood 12.0%
- RBABA Reality 2.0%
- Others 2 more 0.0%
| Token | Price | 24h | Market cap | Volume (24h) | Blockchains |
|---|---|---|---|---|---|
| BABABbStocks · Alibaba (bStocks Tokenized Stock) | $99.87 | −0.26% | $9.08M | $2.29M | BNB Chain |
 BABAONOndo · Alibaba (Ondo Tokenized Stock) | $100.64 | −0.18% | $2.36M | $1.23M | Ethereum, BNB Chain, HyperEVM +1 |
 BABARobinhood · Alibaba • Robinhood Token | $100.07 | −0.08% | $1.60M | $175.23K | Robinhood Chain |
 RBABAReality · Alibaba Tokenized Stock (Reality) | $99.90 | −0.08% | $260.48K | $3.46K | Arbitrum, Morph |
 BABADinari · Alibaba Group Holding (Dinari Tokenized Stock) | $99.93 | −0.31% | $3.09K | $100 | Ethereum, Base, Arbitrum +1 |
 WTBABAST0x · Alibaba (ST0x Tokenized Stock) | $100.86 | +0.05% | $1.63K | $13 | Base |
| BABABackpack · Alibaba Group Holding (Backpack Securities) | – | – | – | – | Solana |
Alibaba - ADR token comparison
Markets counts the active trading pairs CoinGecko tracks for each token, with stale and flagged pairs left out. Best spread is the narrowest gap between the best buy and sell order on a pair with at least $1,000 of daily volume, and where it was found.
| Token | Best spread | Markets | Volume (24h) | Market cap | Perps volume (24h) |
|---|---|---|---|---|---|
| BABABbStocks | 0.030%Binance | 4 | $2.29M | $9.08M | – |
| BABAONOndo | 0.020%LBank | 8 | $1.23M | $2.36M | $31.00K |
| BABARobinhood | 0.603%Uniswap V4 (Robinhood) | 6 | $175.23K | $1.60M | – |
| RBABAReality | 1.070%Bitget | 1 | $3.46K | $260.48K | – |
| BABADinari | – | – | $100 | $3.09K | – |
| WTBABAST0x | – | – | $13 | $1.63K | – |
| BABABackpack | 0.250%Manifest | 7 | – | – | – |
Where to trade tokenized Alibaba - ADR on decentralized exchanges
In the last 24 hours, tokenized Alibaba - ADR traded in 16 DEX pools with $2.23M of spot volume and 10 DEX perpetual markets with $5.85M of volume and $16.89M of open interest. On a decentralized exchange you trade from your own wallet, with no account at an exchange; perpetual futures are leveraged contracts that follow the price without holding the token, so they can be liquidated.
DEX spot pools
| Exchange | Volume (24h) | Blockchain | Pair | Spread |
|---|---|---|---|---|
 PancakeSwap V3 (BSC) | $1.39M | BNB Chain | BABAB/USDT | 0.603% |
 Raydium (CLMM) | $316.87K | Solana | BABA | 0.626% |
 Orca | $285.85K | Solana | BABA/USDC | 0.604% |
 Uniswap V4 (Robinhood) | $123.81K | Robinhood Chain | BABA/USDG | 0.606% |
| Uniswap V4 (Robinhood) | $23.03K | Robinhood Chain | BABA/USDG | 0.603% |
 Uniswap V3 (BSC) | $21.87K | BNB Chain | BABAB/USDT | 0.687% |
 PancakeSwap (v2) | $16.21K | BNB Chain | BABAB/BNB | 0.642% |
| Orca | $11.51K | Solana | BABA/USDC | 0.662% |
| Raydium (CLMM) | $10.53K | Solana | BABA/USDC | 0.760% |
 Uniswap V3 (Robinhood) | $9.33K | Robinhood Chain | BABA/USDG | 0.607% |
 Ramses V3 (Robinhood) | $8.94K | Robinhood Chain | BABA/USDG | 0.613% |
 Meteora | $8.93K | Solana | BABA | 0.859% |
DEX perpetual futures
| Exchange | Volume (24h) | Market | Open interest |
|---|---|---|---|
 Hyperliquid | $3.05M | XYZ:BABA-USD | $13.03M |
 Robinhood Chain Lighter | $961.49K | BABA_USDG | $1.32M |
 Arcus | $804.23K | BABA-USD | $370.57K |
 Lighter | $422.18K | BABA_USDC | $830.03K |
 Variational Omni | $300.76K | BABA-PERP | $1.15M |
 GRVT | $177.65K | BABA_USDT_PERP | $817 |
 Vest Exchange | $76.68K | BABA-USD-PERP | $36.20K |
 Helix | $26.82K | BABA/USDC PERP | $1.24K |
 Aster | $14.40K | BABA-USDT | $102.54K |
 BBX | $9.00K | BABA-USDT | $47.49K |
Centralized exchanges are left out. Pools with stale or flagged prices are not counted. Perps data: CoinGecko derivatives, refreshed every two hours.
Alibaba - ADR tokenized stock: questions
What is tokenized Alibaba - ADR stock?
Tokenized Alibaba - ADR is a crypto token that tracks the price of Alibaba - ADR (BABA) shares. Each version is issued by a different company, which holds the shares or a claim on them and issues tokens against them. Token holders get price exposure but usually not shareholder rights such as voting.
How many tokenized versions of Alibaba - ADR are there?
CoinGecko lists 7 tokens for Alibaba - ADR, from bStocks, Ondo, Robinhood, Reality, Dinari, ST0x and Backpack. The most traded in the last 24 hours was BABAB (bStocks), with $2.29M of volume.
Where can you trade tokenized Alibaba - ADR on a DEX?
The busiest decentralized exchange pools for tokenized Alibaba - ADR in the last 24 hours were on PancakeSwap V3 (BSC), Raydium (CLMM) and Orca. Perpetual futures on Alibaba - ADR trade on decentralized exchanges such as Hyperliquid, Robinhood Chain Lighter and Arcus; these are leveraged contracts, not the token itself. Access and the token versions on offer differ by exchange and country.
Why does the token price differ from the Alibaba - ADR share price?
The tokens trade around the clock, while the shares trade only during exchange hours. Outside those hours the token price moves on news on its own, and thin trading on smaller versions can widen the gap. The difference usually narrows when the stock market opens.
Who can buy tokenized Alibaba - ADR?
It depends on the issuer and the exchange. Most issuers don't sell to people in the United States and some other countries. Check the issuer's terms and your local rules first.
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Token prices are not the share price; they can differ, especially when the stock market is closed. Data: CoinGecko, as of 29 Oct 2026, 14:53 UTC. Not investment advice.
