VTX is a token on Solana that tracks the price of Vanguard Total World Stock ETF. It's issued by Backed Finance, not by Solflare, and gives you price exposure to the underlying ETF without making you a holder of it. You can hold and swap VTX in a self-custody wallet such as Solflare.

Why can the price of VTX differ from Vanguard Total World Stock ETF?

The price of VTX is set by on-chain trading on Solana. When the underlying market is closed, there's no live price to follow, and when liquidity is thin, a small swap can move the token's price. A scaling factor, where one applies, also means the token's price won't match the underlying price one for one.

What happens if VTX has low liquidity?

Low liquidity means a small swap can move the price of VTX, the spread between buying and selling widens, and selling can cost more than you expect. The token's price can also sit further from the underlying asset. Liquidity on tokenized funds and commodities varies a lot between tokens and over the course of a day.

You buy VTX by swapping SOL, USDC, or another Solana token for it in a self-custody wallet such as Solflare. The swap settles on Solana, so no brokerage account is involved. Keep a small SOL balance for network fees, and check Backed Finance's terms first, since availability varies by jurisdiction.

Does VTX pay dividends or distributions?

Not as separate payments. When the underlying fund pays a distribution, Backed Finance folds it into the token's scaling factor, so each VTX represents slightly more of the fund over time while the number of tokens in your wallet stays the same.

When can I trade VTX?

You can swap VTX on Solana at any hour, but the fund it tracks trades only during US market hours. Outside those hours, the price of VTX comes from on-chain trading alone, so spreads can widen and the price can drift from the fund's last close until the market reopens.

VTX price today: Vanguard Total World Stock ETF on Solana

Q: Is buying VTX the same as buying Vanguard Total World Stock ETF?

No. VTX is a separate token that tracks the price of Vanguard Total World Stock ETF. Holding it gives you the price exposure, but not shareholder rights or a direct claim on the underlying holdings. Any redemption into the underlying asset is handled by Backed Finance for eligible clients under its own terms, not by Solflare.

Q: Who issues VTX?

Backed Finance issues VTX. Backed Finance issues xStocks through Backed Assets (JE) Limited, which holds the underlying securities with custodians and handles minting and redemption for eligible clients. Solflare is a self-custody wallet that lets you hold and swap VTX; it does not issue, back, or custody the token, so the backing arrangement is the issuer's.

What VTX tracks

VTX tracks Vanguard Total World Stock ETF, an index fund that holds a broad basket of stocks according to its index rules. Its price follows the fund's share price, which moves with the combined value of the companies in the index.

Because an index fund spreads its holdings across many companies, trouble at any single company has a limited effect on it. The fund still falls when the broad market falls.

About Vanguard Total World Stock

For too long, investing has come with barriers. Borders. Brokers. Limitations. It’s been complicated, costly, and — for millions — out of reach. xStocks were created to change that. xStocks are tokenized stocks. They’re backed 1:1 by the underlying assets, composable with DeFi protocols, compliant with EU regulations, accessible to non-US users, and provide a legal claim to the value of the stock. xStocks enable easy access to 120+ US Stocks and ETFs to regular users through top centralized and decentralized exchanges, and can be integrated with other DeFi protocols like any other token.

Website

VTX contract address

XsEdDDTcVGJU6nvdRdVnj53eKTrsCkvtrVfXGmUK68V

Ticker

VTX

Issuer

xStocks

Status

Verified

How VTX works

VTX 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. VTX tracks the price of Vanguard Total World Stock 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 VTX, and it does not issue, back, or custody the token.

The price of VTX 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, Backed Finance folds it into the token instead of paying it out, so each VTX comes to represent slightly more of the fund over time while the number of tokens in your wallet stays the same.

When can you trade VTX?

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

The scaling factor for VTX

The scaling factor for VTX is 1.0116. 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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Prices are volatile and can fall as well as rise. VTX is issued by Backed Finance and gives price exposure to Vanguard Total World Stock ETF, not fund shares, shareholder rights, or a claim on the fund's holdings; redemption terms are set by the issuer. Liquidity can be thin, which widens spreads and can move the price on small swaps, especially outside US market hours. Availability varies by jurisdiction. Solflare is a wallet interface and does not issue, back, or custody this token. Nothing here is financial advice.

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Vanguard Total World Stock ETF (VTX) price

Vanguard Total World Stock ETF price chart