Search the stock, ETF or commodity you are researching
FOR INVESTORS / ANALYSTS / RWA TEAMS
Check the quote evidence
before you shortlist.
Dated base rate · 28 September
Loading the 28 September measurement…
Bell checks whether CoinMarketCap's quote fields support a side-by-side review before you shortlist tokenised assets.
Limits of this check
A shared CMC reference does not establish equivalent units, claims or executable markets.
TRY AN EXAMPLE
RESULTS
Understand the routes
COMPARABLE = FILTERED PRICE COMPARISONobserved spread and 24h volume; units and economic claims remain unverified
COMPARABLE · FLAGGEDA filtered comparison is published and a follow-up flag also appears on the result.
DO NOT SHORTLIST = BLOCKEDA stop rule or incomplete evidence blocks comparison. This is a review route, not proof of an economic contradiction.
FACTS OPEN = DESCRIPTIVE ONLYNo critical rule fired; inspect the evidence, then diligence.
INVESTIGATE = EVIDENCE INCOMPLETEA warning fired; classify the evidence before comparing.
SINGLE REPRESENTATIONOne wrapper only; no cross-wrapper price comparison.
SINGLE REPRESENTATION · FLAGGEDOne wrapper triggered a row-level follow-up; rows are not compared.
CURRENT ROUTING · LOADING RECEIPT
Filtered comparisons —Do not compare —Investigate; no comparison —No flags; no qualifying quote comparison —
Counts are mutually exclusive routes from the current receipt; they do not establish economic equivalence.
How to read this split
Bell counts any reference with a filtered comparison first. The remaining references are grouped by their receipt state. “No flags” means no Bell rule fired; it is not an approval or a finding that the wrappers are equivalent.
CMC endpoints used in the published scan
/v5/real-world-assets/map · /v5/real-world-assets/assets/list · /v5/real-world-assets/quotes/latest · /v5/real-world-assets/info · /v5/real-world-assets/issuers/list · /v2/cryptocurrency/info
Live example: loading the current decision path.
HOW BELL WORKS
Search, check, know
what to verify
Bell adds a pre-comparison check to the CMC discovery layer. It does not approve an asset or tell you what to buy.
- Reference
- the real thing — Tesla stock, an ounce of gold
- Representation
- one token that claims to track it
- Issuer
- whoever issues that token
See whether identity, unit and quote fields support comparison
Know which issuer, redemption or execution question comes next
Tokenised referencesN/Apopulation scanned
RepresentationsN/Atoken rows inspected
Blocked by a critical ruleN/Ain this scan
Rows without stable IDN/Aneeds identity follow-up
These four are the scan this page is reading across the catalogue. Refusals use a separate, multi-representation denominator.
How these totals differ
The four figures above cover every tokenised reference. The refusal count covers only references carrying more than one representation, where comparison could be attempted, and counts every coded refusal rather than only the critical rule. The totals answer different questions; they are not meant to add up and the page does not add them.
THE FIRST CHECK
Before a shortlist, check whether the reference is comparable
Loading the current population finding
POPULATION SHAPE
One scan, two useful questions
How to read these charts
Scan states, not card labels: these three count what the rules returned, so a reference carrying a published comparison is still counted under the state that let it through. The reference index labels that same reference COMPARABLE, which is why its filter says … and this says otherwise. Neither is wrong and they are not the same question. The first view shows how many references need a different research route. The second shows observed quote spread bands only for references with at least two priced representations. Neither is a quality score or an execution estimate.
VALUE AND COVERAGE
What the catalogue is made of
Inspect source fields ↗One row per representation · stable reference, token and issuer IDs · missing values are labelled, not converted to zero
This lens attributes only the reported market-cap fields returned on token rows. It does not identify legal liability, reserves, redemption or investability. Missing market cap stays missing.
EXPLORE THE CMC RWA MAP
From one reference
to the evidence
Search the full map, then open the published dossier when Bell has investigated that reference. Single-token cases stay descriptive. Multi-token cases show the observed rows and the route before comparison.
7,811 mapped referencescredential-free map snapshot · separate from live receipt
Choose a reference to see whether it has a published dossier, a single representation or a map-only route
WHY THE RESULT MATTERS
Do not shortlist a wrapper
on a ticker alone
CMC gives you the candidates. Bell checks whether the observed identity and market fields support comparison, then records the diligence step that follows.
3-MINUTE INVESTOR TASKTurn one reference into a defensible next step
- Run the reference you are researching through the search above
- Open the evidence and inspect the representation rows
- Use the right route: compare two factual rows, or keep wrappers separate and record the next check
- Save the brief or local worksheet for the next diligence step
REFERENCE INDEX
Search the population
COMPARABLE includes flagged comparisons.
Why the filter combines them
A reference can carry a published comparison and still have been flagged by the scan: it reads COMPARABLE · FLAGGED, and the flags are on its card under the verdict. The COMPARABLE filter gathers both, because a reader after the comparable set should not have to know there are two names for it. The export carries the distinction in its route column.
Use the index when you want to inspect the wider CMC RWA population
What the CSV contains
Exports exactly the references the filter and order above are showing, with the cheapest route, the observed spread in basis points and whether the cheapest route also has the highest reported 24h volume. Spread is an observed quote difference, not an executable saving.POPULATION RECEIPT
Not one hand-picked screenshot
Live receipt and dated replay are separate observations.
What the replay preserves
The live publication exposes counts, findings and fingerprints of the authenticated source payloads. Its exact 28 September observation is preserved with credential-free inputs below; the live receipt may advance independently.
REPRODUCE THE 28 SEP CAPTUREOpen captured receipt ↗Open normalized CMC inputs ↗Open recomputed base rate ↗
make verify-capturemake base-rateCredential-free recomputation of the preserved 15:14 UTC observation.What this changes: an analyst can see which RWA groups require identity or market-data diligence before comparing issuers
Inspect live receipt ↗Open 28 Sep capture ↗Open 28 Sep inputs ↗Open 28 Sep base rate ↗Open 21 Sep replay ↗Open 21 Sep verification note ↗Open receipt history ↗