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SPY ETF (SPYx)

SPYX

ETF
SPY ETF (SPYx)

Spot Price (USD)

via DexScreener

Price (last 7 days)

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Overview

SPYx is a tokenized version of the SPDR S&P 500 ETF Trust (SPY) ETF, issued by Backed Finance on Solana. Each token is 1:1 backed by a real share held with a regulated custodian. Tracks the S&P 500, the most widely followed benchmark of large-cap US equities. Trade 24/7 on-chain with fractional sizes and instant settlement.

Highlights

  • 1:1 backed by real SPY ETF shares held with a regulated custodian
  • Issued by Backed Finance, regulated under the EU prospectus regime
  • SPL Token-2022 on Solana — instant settlement and 24/7 transferability

What is a tokenized equity?

A tokenized equity (xStock) represents a 1:1 claim on a real share or ETF unit held with a regulated custodian. Issued by Backed Finance on Solana using SPL Token-2022, xStocks let you hold fractional, on-chain exposure to publicly traded companies without a brokerage account.

Details

SymbolSPYX
NameSPY ETF (SPYx)
ClassETF
IssuerBacked Finance
Yield bearingNo
Price sourceDexScreener
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