What the night decides

A tokenized stock's perp trades all night; the real market does not. When it opens, does the overnight drift hold, or get faded? Six names watched; a verdict needs ten trading days, because the six move together and days are the sample. Run on Hyperider, the founder's research floor for perp funding across Lighter, Hyperliquid, Arcus and Paradex; every line is mirrored here within minutes of landing there, with the time it was recorded. Measurements only, never a trade to make.