Global X Copper Miners ETF (COPXON) price

COPXON tracks Global X Copper Miners ETF, a fund holding mining companies or industrial metals such as copper, uranium, nickel, or rare earths. Where the fund holds company shares, its price moves with the metal and with company and stock-market risk.

Mining shares often move further than the metal they produce, in both directions.

Tokenized asset from Ondo Finance representing Global X Copper Miners ETF (Ondo Tokenized).

WebsiteX

COPXON contract address

X7j77hTmjZJbepkXXBcsEapM8qNgdfihkFj6CZ5ondo

Ticker

COPXON

Issuer

Ondo Finance

Status

Verified

COPXON is issued by Ondo Finance. Ondo Finance issues its tokenized stocks and ETFs through Ondo Global Markets, which holds the underlying securities with custodians and handles minting and redemption for eligible clients.

What you hold is the token, not the underlying asset. COPXON tracks the price of Global X Copper Miners ETF, but it doesn't give you shareholder rights or a direct claim on the underlying holdings. Minting and redemption are handled by Ondo Finance for eligible clients under its own terms. Solflare is a self-custody wallet for holding and swapping COPXON, and it does not issue, back, or custody the token.

The price of COPXON on Solana is set by on-chain trading. Where liquidity is deep, it tends to stay close to the underlying price. Where liquidity is thin, a small swap can move the price and the gap to the underlying can widen.

When the underlying fund pays a distribution, Ondo Finance folds it into the token instead of paying it out, so each COPXON comes to represent slightly more of the fund over time while the number of tokens in your wallet stays the same.

COPXON can be swapped on Solana at any hour, but the fund it tracks trades only during US market hours. Outside those hours there's no live fund price, so the price of COPXON comes from on-chain trading alone and can drift from the fund's last close.

The scaling factor for COPXON is 1.0024. It rises as the underlying fund's distributions are folded into the token, so each token represents slightly more of the fund over time while your token count stays the same. Read the factor as accumulated distributions, not as a price change.

Other tokens tracking Global X Copper Miners ETF