SP500 xStockSPYX Price Today
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SP500 xStock (SPYX) Price Overview
X-section of the market shows price for SP500 xStock (SPYX) at $680.096937; day change: 0.24% decrease.
X-ray view: SP500 xStock (SPYX) 24h volume is $755.0K, a decrease of 0.42% day-over-day.
Its current market capitalization is approximately $31.0M. Liquidity across major Solana DEXes is currently at $2.0M.
SPYX is actively traded in Solflare wallet. The token is verified according to Solana's token registry. This token can be swapped instantly on Solflare for any other supported asset.
Market Data for SP500 xStock
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What is SP500 xStock SPYX?
SP500 xStock SPYX is a tokenized version of underlying stock SPYX that trades on the Solana blockchain. It represents the value of the underlying asset and allows anyone* with a crypto wallet to gain exposure to underlying stock—instantly, globally, and 24/7. Unlike traditional SPYX shares, SP500 xStock is fully on-chain and can be traded using USDC or SOL.
How SP500 xStock xStock Works
SP500 xStock xStock is part of the xStock asset class: tokenized representations of traditional equities that can be traded directly on the Solana blockchain.
- Prices and liquidity are mirrored from the underlying market
- Trades are executed on-chain via decentralized protocols
- Each xStock token follows the real-time price of the corresponding equity
- Backed or collateralized according to protocol specs Issued and backed by Backed.fi, a regulated entity operating from Switzerland, and issues by Backed Asseets (JE) the Jersey Channel Islands