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xStocks

Backed Finance's tokenized US stocks on Solana (TSLAx, NVDAx, …)

Category: Concepts Also known as: 6 Related terms: 3

What is xStocks?

Tokenized US equities issued by Backed Finance on Solana. Each token (TSLAx, NVDAx, AAPLx, …) is collateralized 1:1 by the real share. By on-chain volume, xStocks is the largest tokenized-stock venue we track.

Context anchor

Naming = ticker + 'x' (TSLA → TSLAx). Solana-native; EVM equivalent ≈ Dinari

Example

xStocks like TSLAx and NVDAx are the highest-volume tokenized stocks, issued on Solana

Also known as

xstockxstocksTSLAxNVDAxAAPLxbacked xstocks

Related terms

  • Tokenized StockA real company share (Tesla, Nvidia) issued as a token on a blockchain
  • Underlying (RWA)The real-world asset a token represents (e.g. TSLA behind TSLAx)
  • Dinari (dShares)Issuer of tokenized US stocks (dShares) on EVM chains like Base