Tesla same-stock LP: TSLA / TSLAx

What is the TSLA same-stock pool?

The TSLA same-stock pool is a liquidity pool where both tokens are Tesla stock from two issuers: TSLA from Backpack Securities and TSLAx from xStocks, on Solana. SoFinance lists a TSLA/TSLAx pool on Meteora DLMM and one on Raydium CLMM. On Robinhood Chain, a Uniswap v4 pool pairs the Robinhood TSLA token with the Ondo Global Markets version, TSLAon.

Why do traders swap between TSLA and TSLAx?

Traders swap between TSLA and TSLAx because the two tokens come from different issuers, with different venues, buyers and redemption routes, so their prices drift slightly apart. Arbitrage and routing swaps close that gap, and every swap pays the pool fee to the LPs whose range is active. Because both tokens track the same share, the pool price usually stays close to 1:1, which makes narrow ranges practical.

Why does volume compared with TVL matter for a TSLA pool?

Volume relative to TVL is the main driver of how many trading fees each dollar of liquidity collects: fees come from volume and are shared across the liquidity active at the current price. A pool with high volume on low TVL spreads more fees across each dollar; a pool with little volume collects little, whatever its fee tier.

Snapshot (24h window, pools-page snapshot of 14 November 2026, 12:16 UTC):

• Meteora DLMM TSLA/TSLAx, 0.01% fee tier: about $121.7k of 24h volume on about $47.2k TVL.
• Raydium CLMM TSLA/TSLAx, 0.05% fee tier: about $160 of 24h volume on about $2.2k TVL.

These figures change every day, and a single day is noisy; the pools page shows the current 7-day range APR for each pool. Fees not guaranteed.

How do I open a TSLA/TSLAx position on SoFinance?

You open a TSLA/TSLAx position from the SoFinance pools page in a few steps, and your wallet signs once to open it.

1. Open sofinancelab.xyz/app/rwa-pairs and search for TSLA.
2. Choose the Meteora or Raydium TSLA/TSLAx pool and press Open position.
3. Connect a Solana wallet such as Phantom.
4. Pick what to deposit (SOL, USDC, TSLA or TSLAx) and how much. If you deposit one token, part of it is swapped into the other side, with the 0.10% fee on the swapped part.
5. Review the suggested range preset and the preview: estimated fee APR (7-day window), every cost, and what you will hold.
6. Press Add liquidity and approve in your wallet. The app simulates the transaction again before sending it.

Which range should I pick for TSLA/TSLAx?

SoFinance scores 4 range presets (Micro, Tight, Standard and Wide) on the last 7 days of fee data for the amount you enter and highlights the one with the highest estimated fee APR; you can pick another preset or type a custom range. On Meteora the presets map to the pool's price bins, so two of them can merge into one.

The 7-day estimate assumes recent volume continues and ignores impermanent loss and your costs. Not a prediction. Fees not guaranteed. There is no auto-rebalance: if the pool price leaves your range, the position collects no trading fees until the price comes back or you withdraw and open a new range.

Can I compound the trading fees from a TSLA position?

Yes, on Solana: One-click compound is available for Raydium and Meteora positions on Solana; Robinhood Chain positions have no compound. Compound adds collected trading fees back into the same position and charges 0.10% only on the part swapped to rebalance.

What are the risks of a TSLA same-stock LP position?

A TSLA same-stock position can lose money: its value moves with Tesla's share price, and LP adds its own risks on top.

• Tesla price risk: both tokens track TSLA, so the position's dollar value rises and falls with the stock.
• Out of range: if the TSLA/TSLAx price leaves your range, the position collects no trading fees and holds only one of the two tokens.
• Impermanent loss: a premium or discount between TSLA and TSLAx shifts your position toward the cheaper token.
• Issuer controls: both tokens are Token-2022 tokens whose issuers keep a freeze authority, which can block transfers.
• Smart contract and network risk in Meteora, Raydium, Jupiter and Solana.
• Eligibility: xStocks are not offered to US persons or in some other countries.