Right now price for Alibaba (Ondo Tokenized) (BABAON) trades at $120.34, a 5.06% increase in the last 24 hours.
Over the last 24 hours, Alibaba (Ondo Tokenized) (BABAON) recorded volume of $29.6K, no change of 0.00% since yesterday.
Its current market capitalization is approximately $54.6K. Liquidity across major Solana DEXes is currently at $54.6K.
Trade Alibaba (Ondo Tokenized) (BABAON) on Solflare
Alibaba (Ondo Tokenized) (BABAON) is available to swap it instantly on Solflare — a non-custodial Solana wallet where you control your private keys.
At the current price of $120.34 with $54.6K in DEX liquidity, BABAON swaps on Solflare execute with minimal slippage through smart order routing across all major Solana DEXes.
Market Data for Alibaba (Ondo Tokenized)
Market Cap
54.55K
Volume 24h
29.64K
0.00%
Liquidity
54.55K
What is Alibaba (Ondo Tokenized) BABAON?
Alibaba (Ondo Tokenized) BABAON is a tokenized version of underlying stock BABAON 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 BABAON shares, Alibaba (Ondo Tokenized) is fully on-chain and can be traded using USDC or SOL.
How Alibaba (Ondo Tokenized) xStock Works
Alibaba (Ondo Tokenized) 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 Assets (JE) the Jersey Channel Islands
A tokenized stock such as Alibaba (Ondo Tokenized) (BABAON) is a digital asset that represents a real-world stock. You can buy and trade it on the Solana blockchain directly from your Solflare Wallet using crypto such as SOL or USDC.
Yes. Tokenized stocks like Alibaba (Ondo Tokenized) can be swapped for USDC or SOL anytime on Solflare, enabling fast, decentralized trading with crypto.
Absolutely. All tokenized stocks on Solflare are 1:1 backed, on-chain, and transparently verified on the Solana blockchain, offering secure decentralized stock trading.
The current price of Alibaba (Ondo Tokenized) is $120.340. Over the last 24 hours, the price has increased by 5.06%. Price data is updated in real-time based on the stock market.
You can buy or trade Alibaba (Ondo Tokenized) (BABAON) directly in the Solflare Wallet. Just open your wallet, go to the Swap tab, and select BABAON to start trading with SOL or USDC — no exchange account or complicated processes needed.
Yes. Every tokenized Alibaba (Ondo Tokenized) share (BABAON) is fully collateralized by real Alibaba (Ondo Tokenized) stock held by a regulated third-party custodian.
No. Tokenized Alibaba (Ondo Tokenized) shares give you indirect exposure to the stock’s price movements, but you don’t own the underlying shares. That means no voting rights, dividends, or shareholder perks—just the ability to trade based on the stock’s value.
Not quite. Tokenized stocks let you track the price movements of traditional stocks, but they don’t give you direct ownership of the underlying shares.
Yes. When investing in xStocks such as BABAON, your capital is at risk and you could lose the total amount you’ve invested in any particular xStock you purchase.
5.06%
