Qualiq · Evidence

Every load-bearing claim, sourced.

A live bibliography for the public-facing pitch surface. Each citation is dated; links are primary sources where available. We separate market data, competitive precedent, academic methodology, regulatory references, and self-references.

Maintained by
Qualiq research
Last reviewed
2026−05−11
Citations
21 / 5 sections
License
CC−BY−4.0

Market data · 5

  1. CoinGecko Research
    2026 Real-World Assets Report — tokenized RWA market cap, asset-class breakdown, YoY growth
    Q1 2026 · coingecko.com/research/publications/rwa-report-2026 · supports landing $19.3B figure
  2. Crypto.com Research
    Equity and commodity perpetuals, January 2026 update
    Jan 2026 · crypto.com/research/equity-commodity-perps-jan-2026 · supports $524.8B RWA perp volume figure
  3. Lighter Protocol
    Market makers points program — $250k/week sponsor-funded incentive structure
    Live as of 2026 · docs.lighter.xyz/points-program/market-makers · the cold-start precedent for sponsor budgets
  4. Securitize × Jump × Jupiter
    Tokenized US equities go live on Solana — closed-loop integration announcement
    2026−05−05 · prnewswire announcement · the validating tier-1 event for Qualiq's open-network positioning
  5. Paris Blockchain Week 2026
    Tokenization panel — Tether and Ondo executives on "putting an asset on-chain does not make it liquid"
    Apr 2026 · transcript on file · the demand-side framing for Qualiq's wedge

Competitive precedent · 6

  1. CoW Protocol
    EBBO ("Ethereum Best Bid and Offer") competition rules
    Live since 2023 · docs.cow.fi/cow-protocol/reference/core/auctions/competition-rules · precedent for Qualiq's RNBBO floor (PRD 10 ยง5.2)
  2. CoW Explorer · SolverScan
    Per-transaction public audit drilldown for solver/aggregator fills
    Live · explorer.cow.fi, solverscan.io · the model for /research/swap/:sig
  3. Pyth Network
    Confidence-weighted-votes aggregation; update-id pattern for version pinning
    Live · docs.pyth.network · precedent for fair_value_confidence_bps + emavol_config_hash
  4. MarketAxess Trax
    % of NBBO spread captured — institutional TCA convention
    Live · marketaxess.com/price/transaction-cost-analysis · precedent for spread_captured_pct
  5. 0x.org
    "PropAMM Shenanigans" — one-sided counterfactual reporting critique
    Mar 2026 · 0x.org/post/propamm-shenanigans · the anti-pattern Qualiq's honesty surface pre-empts
  6. Tradeweb iTrace
    AI Price — reference-mid with confidence interval, retail-corp-bond TCA
    Live · tradeweb.com/our-markets/data-analytics/transaction-cost-analysis · the TradFi parallel for Qualiq's confidence-interval emission

Academic methodology · 3

  1. Bachu, Wan, Moallemi 2024
    UniswapX counterfactual methodology — top-of-block AMM convention, negative-savings boxplots
    2024 · moallemi.com/ciamac/papers/uniswapx-pi-2024.pdf · the academic foundation for the counterfactual approach
  2. Bachu & Wan 2024
    Discarding records where post-gas output was negative — honest counterfactual reporting
    2024 · arxiv.org/html/2503.00738v1 · precedent for gas_cost_usd + savings_usd_minus_gas
  3. Aoyagi, Tsukuda, Mochizuki, Yoshida 2024
    Adverse selection in concentrated-liquidity AMMs — the dynamic-LP framework
    2024 · theoretical context for the wedge between RFQ dealers and AMM LPs

Regulatory references · 4

  1. Alpaca Markets
    Investment Token Network — non-US-persons-only constraint, eligibility framework
    Live · alpaca.markets · the inherited geo-gate constraint Qualiq mirrors
  2. FinCEN Geographic Targeting Orders
    FinCEN guidance on geographic exclusion mechanics for crypto-adjacent services
    2024−2026 · primary source · informs the off/monitor/enforce gate semantics
  3. FINRA Rule 6432
    Quote eligibility for unregistered foreign securities — the regime Securitize operates under
    Live · finra.org/rules-guidance/rulebooks/finra-rules/6432 · backdrop for closed-loop vs open-network positioning
  4. CFTC No-Action Letter (DCO/SEF)
    RFQ-based execution venue treatment — the multi-dealer-platform precedent
    Reviewed for analogy · primary source · supports the TradFi-MarketAxess comparable narrative for sophisticated diligence

Self-references · 3

  1. Qualiq protocol spec (PRD 03)
    v1 alpha-devnet full-loop RFQ specification
    2026−05−08 · internal · will be released alongside the dealer-SDK open-source split
  2. Qualiq shadow pipeline spec (PRD 10)
    Live mainnet counterfactual methodology — honesty surfaces, RNBBO, worst-fills
    2026−05−11 · internal · the spec for everything you see on /research
  3. QR−2026−01
    xStocks Liquidity Tax — the first Qualiq research paper
    2026 · qualiq.xyz/research · the proof artifact