What it is
Tokens backed 1:1 by real shares held in custody, issued by Backed Finance for non-US users. 800+ names, usable on Raydium, Jupiter, Orca and as collateral on Kamino.
How to get started
- Buy xStocks like SPYx or NVDAx on Jupiter or in Solflare/Phantom.
- Hold, or supply as collateral on Kamino.
- Not available to US persons.
Risks to know
- Issuer and custody risk.
- Prices move outside market hours with thin liquidity.
- Smart contracts can have bugs. Only deposit what you can afford to lose, and check you're on xstocks.com before connecting.
Recent updates
Kraken launched SPYx, QQQx and NVDAx yield vaults via Kamino.
Solana tokenized-stock wallets passed 900,000.
Numbers from DefiLlama, snapshot Oct 18, 2026. Facts checked Oct 19, 2026. This page is educational, not financial advice.

