Fidelity Solana Fund (FSOLON) price

FSOLON tracks Fidelity Solana Fund, an exchange-traded fund that holds a cryptocurrency. Its price follows the fund's share price, which moves with the coin but also reflects the fund's fees and US trading hours.

The coin itself trades around the clock, so the fund, the coin, and this token can move apart when US markets are closed.

FSOLon is the Ondo Tokenized version of the Fidelity Solana Fund, giving tokenholders economic exposure similar to holding FSOL 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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FSOLON contract address

BJhPr9SM7uZTZXHeSLYmUk7CjGQq1esFkVxPF5tondo

Ticker

FSOLON

Issuer

Ondo Finance

Status

Verified

FSOLON 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. FSOLON tracks the price of Fidelity Solana 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 FSOLON, and it does not issue, back, or custody the token.

The price of FSOLON 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 FSOLON comes to represent slightly more of the fund over time while the number of tokens in your wallet stays the same.

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

The scaling factor for FSOLON is 1.0173. 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.

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