Documentation

How xStocks works

Everything you need to know about tokenized stocks on Solana.

What are xStocks?

xStocks are tokenized versions of real U.S. equities issued as SPL tokens on Solana. Each xStock token (AAPLx, TSLAx, NVDAx, AMZNx, GOOGLx, SPYx) is backed 1:1 by real shares held in regulated custody by Backed Finance. They trade 24/7 with instant settlement on-chain.

How to buy xStocks

1. Connect your Solana wallet (Phantom or Solflare) on the Buy page.
2. Select the stock you want to buy (AAPLx, TSLAx, etc.).
3. Enter the amount of SOL you want to swap.
4. Confirm the transaction in your wallet.
5. Receive xStock tokens directly in your wallet.

Token addresses

AAPLx (Apple)XsbEhLAtcf6HdfpFZ5xEMdqW8nfAvcsP5bdudRLJzJp
TSLAx (Tesla)XsDoVfqeBukxuZHWhdvWHBhgEHjGNst4MLodqsJHzoB
NVDAx (Nvidia)Xsc9qvGR1efVDFGLrVsmkzv3qi45LTBjeUKSPmx9qEh
AMZNx (Amazon)Xs3eBt7uRfJX8QUs4suhyU8p2M6DoUDrJyWBa8LLZsg
GOOGLx (Alphabet)XsCPL9dNWBMvFtTmwcCA5v3xWPSMEBCszbQdiLLq6aN
SPYx (S&P 500)XsoCS1TfEyfFhfvj8EtZ528L3CaKBDBRqRapnBbDF2W

Backed by real shares

Every xStock token is backed 1:1 by real shares held in regulated custody by Backed Finance in Switzerland. The tokens are issued on Solana as SPL tokens and can be redeemed for the underlying value at any time by qualified holders.

Fees and swaps

Swaps are executed via Jupiter aggregator, which finds the best route across Solana DEXes. Standard DEX fees and network fees apply. Slippage is configurable (default 0.5%). Prices are sourced live from DexScreener.

Risks

xStocks carry market risk — the value of tokenized stocks fluctuates with the underlying equity. DEX liquidity may vary. Smart contract risk exists as with all on-chain assets. This is not financial advice.