3.42%What NIKLON tracks
NIKLON tracks Sprott Nickel 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.
About Sprott Nickel Miners ETF (Ondo Tokenized)
Website
XHow NIKLON works
NIKLON 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. NIKLON tracks the price of Sprott Nickel 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 NIKLON, and it does not issue, back, or custody the token.
The price of NIKLON 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 NIKLON doesn't pay distributions, so the value of NIKLON reflects price movement alone.
When can you trade NIKLON?
NIKLON 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 NIKLON comes from on-chain trading alone and can drift from the fund's last close.
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| Rank | Tokenized by | Trading hours | Buy | |||
|---|---|---|---|---|---|---|
| 1 | VanEck Uranium and Nuclear | $87.593 | 3.24% | Backed Finance | US market hours | |
| 2 | VanEck Gold Miners | $81.689 | 1.83% | Backed Finance | US market hours | |
| 3 | Global X Copper Miners ETF | $69.244 | 3.05% | Ondo | US market hours | |
| 4 | Global X Copper Miners ETF | $69.244 | 3.05% | Backed Finance | US market hours | |
| 5 | VanEck Rare Earth and Strategic Metals ETF | $49.813 | 2.50% | Ondo | US market hours | |
| 6 | Global X Uranium ETF | $31.56 | 4.04% | Backed Finance | US market hours | |
| 7 | Global X Uranium ETF | $31.56 | 4.04% | Ondo | US market hours |