Nasdaq closes at 4pm. Tokenized stocks on @solana don't.
After the bell there's no price to check against.
Velque turns those hours into auctions. One window, one price.
When Nasdaq is closed, the price of an @xStocksFi stock on @solana belongs to whoever trades first.
One big order moves it, and everyone after pays the new price.
Velque collects those orders into auctions instead. Everyone in the window gets the same price.
Nasdaq is open 32.5 hours a week. Tokenized stocks like @xStocksFi on @solana trade all 168.
Velque is the order book for the other 135. By day it follows @PythNetwork prices. When Nasdaq closes, orders clear in auctions at one price.
Nasdaq closes. Velque opens.