What DBCON tracks
DBCON tracks Invesco DB Commodity Index Tracking Fund, a fund spreading exposure across many commodities, or across companies in the agriculture and food supply chain. Its price follows the fund's share price.
Funds holding commodity futures roll their contracts forward as they expire, which can make them drift from spot prices over time. Agribusiness funds follow company profits and the stock market.
About Invesco DB Commodity Index Tracking Fund (Ondo Tokenized)
Tokenized asset from Ondo Finance representing Invesco DB Commodity Index Tracking Fund (Ondo Tokenized).
DBCON contract address
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How DBCON works
DBCON 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. DBCON tracks the price of Invesco DB Commodity Index Tracking Fund, 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 DBCON, and it does not issue, back, or custody the token.
The price of DBCON 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 DBCON doesn't pay distributions, so the value of DBCON reflects price movement alone.
When can you trade DBCON?
DBCON 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 DBCON comes from on-chain trading alone and can drift from the fund's last close.
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More in Diversified
| Rank | Tokenized by | Trading hours | Buy | |||
|---|---|---|---|---|---|---|
| 1 | VanEck Agribusiness ETF | $83.194 | 0.44% | Backed Finance | US market hours | |
| 2 | First Trust Global Tactical Commodity Strategy Fund | $28.895 | 0.16% | Ondo | US market hours | |
| 3 | Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | $18.319 | 0.06% | Ondo | US market hours |