iShares Silver Trust (SLVON) price

SLVON tracks the price of silver through iShares Silver Trust. Silver is both a precious metal and an industrial one, so it responds to the economic cycle as well as to precious-metal sentiment.

Silver pays no income, and it tends to swing harder than gold in both directions.

SLVon is the Ondo Tokenized version of iShares Silver Trust, giving tokenholders economic exposure similar to holding SLV and reinvesting any dividends. Ondo tokenized stocks enable non-US retail and institutional users around the world to instantly mint and redeem tokenized U.S. stocks and ETFs, 24 hours a day, five days a week with full access to traditional exchange liquidity. Additional restrictions apply. Learn more at ondo.finance/global-markets.

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SLVON contract address

iy11ytbSGcUnrjE6Lfv78TFqxKyUESfku1FugS9ondo

Ticker

SLVON

Issuer

Ondo Finance

Status

Verified

SLVON 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. SLVON tracks the price of iShares Silver Trust, 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 SLVON, and it does not issue, back, or custody the token.

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

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

Other tokens tracking iShares Silver Trust