Planet Labs, the Robinhood Chain token tracking Planet Labs equity, displayed an unusually wide bid-ask spread on the desk. The bid sat at 16.16 while the ask reached 75, producing a spread of 129.1 percent. No underlying cause was identified in the verified facts. The anomaly highlights a sharp dislocation between buyer and seller quotes for the onchain token.
Trading Desk · PL
Planet Labs token shows 129.1% bid-ask spread
The Robinhood Chain token quoted a bid of 16.16 against an ask of 75.