Global X Uranium ETF (URAX) price

URAX tracks Global X Uranium 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.

Global X Uranium (URAX) is issued by xStocks and trades on the Solana blockchain. Global X Uranium is verified on Solana's token registry. The chart and market figures on this page come from on-chain trades and refresh as new ones settle.

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URAX contract address

Xsq9sEQjYiUTSZ55RrbHAzVfz8HotwFGrqgxkgiv4LB

Ticker

URAX

Issuer

xStocks

Status

Verified

URAX is issued by Backed Finance. Backed Finance issues xStocks through Backed Assets (JE) Limited, 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. URAX tracks the price of Global X Uranium ETF, but it doesn't give you shareholder rights or a direct claim on the underlying holdings. Minting and redemption are handled by Backed Finance for eligible clients under its own terms. Solflare is a self-custody wallet for holding and swapping URAX, and it does not issue, back, or custody the token.

The price of URAX 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.

The asset behind URAX doesn't pay distributions, so the value of URAX reflects price movement alone.

URAX 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 URAX comes from on-chain trading alone and can drift from the fund's last close.

Other tokens tracking Global X Uranium ETF