SP500 xStockSPYX Price Today

$685.52
up0.01%

SP500 xStock (SPYX) Price Overview

X-section of the market shows price for SP500 xStock (SPYX) at $685.515136; day change: 0.01% increase.

X-ray view: SP500 xStock (SPYX) 24h volume is $267.3K, a decrease of 0.07% day-over-day.

Its current market capitalization is approximately $16.6M. Liquidity across major Solana DEXes is currently at $1.1M.

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.

About S&P 500 Index

SP500x (SPYx) is a tokenized version of the S&P 500 ETF, tracking the performance of the 500 largest publicly traded companies in the U.S. It offers diversified exposure to the American economy and is one of the most popular index-based instruments in traditional finance.

Market Data for SP500 xStock

Market Cap

16.55M

Volume 24h

267.29K
down0.07%

Liquidity

1.09M

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
SPYX Contract Address
XsoCS1TfEyfFhfvj8EtZ528L3CaKBDBRqRapnBbDF2W
Ticker
SPYX
Status
Verified

SPYX FAQs

What is a tokenized stock like SP500 xStock (SPYX)?Collapse

A tokenized stock such as SP500 xStock (SPYX) 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.