Delayed · last updated 37 minutes ago
SP500 xStock Price chart
Key stats
Performance
How the price moved over each period.
Supply
92,998 SPYX circulate. No maximum supply is set.
- Circulating
- 92,998
- Total supply
- 280,788
- Max supply
- No max supply
ⓘ Circulating · Total supply · Max supply
Circulating supply: coins currently available to trade, as reported by the data provider.
Total supply: coins created so far, minus any burned. It includes locked or not-yet-released coins.
Max supply: the hard cap on coins that can ever exist. Shown as “No max supply” when the protocol sets no cap.
CryptoWave Health score
Five measurable signals. Each ring segment’s length is its weight; how full it is shows the score.
Volume is 10.80% of market cap. Trades easily.
$70.25M market cap, rank #304. Bigger is harder to push around.
33% of the total supply circulates. Big unlocks could dilute holders.
3.9% below its all-time high of $786.04.
Largest recent swing: 1.06% a day. Calm.
Describes market structure today. Not a price forecast and not investment advice.
How this score is calculated
A weighted average of five signals computed from the market data on this page. Each signal is scored from 0 to 100:
- Liquidity (25%): 24-hour trading volume divided by market cap.
- Market depth (25%): market cap, on a logarithmic scale from $10 million to $1 trillion.
- Supply (15%): circulating supply divided by max supply, or by total supply when there is no cap. More supply already in circulation scores higher.
- Distance from peak (15%): the current price compared with the all-time high.
- Stability (20%): the largest recent price swing among the 1-hour move (×3), the 24-hour move and the 7-day move (÷2.6).
Bands: 75 and above strong, 55–74 fair, 35–54 weak, below 35 fragile.
Limits: the score describes current market structure only. It is not a price forecast, an audit or investment advice, and it does not consider the team, code or token unlocks. A missing input counts as a neutral 50.
Time machine
Drag the date. See what a one-off buy or a regular buy would be worth today. Real daily closing prices, fees not included.
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What is SP500 xStock (SPYX)?
SP500 xStock is a tokenized product that tracks a US-listed exchange-traded fund following the S&P 500 index. It belongs to the xStocks range, introduced in 2025 and issued by Backed Assets (JE) Limited, a Jersey company, with Kraken as an early distribution partner. SPYX is not a fund share and not a direct holding of the index. It is a token whose terms are set by the issuer, and it gives broad US large-cap exposure in a single position.
How SP500 xStock works
The issuer states that every xStock is backed one-to-one by the underlying asset held in regulated custody. Holders can redeem for the equivalent cash value or the underlying asset under the issuer's terms, and the base prospectus and final terms cover the mint and redemption mechanics. Most users trade the token on exchanges and on-chain venues instead of redeeming it.
Because the token follows a fund rather than a single company, its exposure is spread across the index constituents. It still carries the issuer, custody and eligibility limits described below. The issuer lists a wide range of supported networks and says more are on the way.
Common uses include:
- Holding diversified US equity exposure through a wallet.
- Trading at any hour, including weekends.
- Buying small fractional amounts.
- Using the token as an asset in DeFi venues that support it.
SPYX supply and token design
There is no fixed cap. Supply expands when the issuer mints tokens against underlying assets and contracts when tokens are redeemed and burned. Live circulating supply is shown in the market data on this page.
The same token is deployed on several chains, including Ethereum, Arbitrum, BNB Smart Chain, Solana and Hyperliquid, with a different address on each network. Take addresses only from the issuer's published list.
Official information is on xstocks.com.
What to check before using SPYX
- Eligibility: the issuer states xStocks are not available to US persons or in the UK, and other jurisdictions are restricted. Confirm you may hold the token.
- Counterparty risk: redemption relies on the issuer and its regulated custodian honouring the one-to-one backing.
- The token is not the fund share. Dividend handling and corporate actions follow the issuer's terms, so read them.
- US markets close while the token keeps trading, so on-chain quotes can differ from the underlying outside market hours.
- Thin liquidity on a given chain can widen spreads. Verify the contract address on the chain you use.
SP500 xStock project profile
Token contracts
- Arbitrum One:
0x90a2a4…f2dd48 - Ethereum:
0x90a2a4…f2dd48 - BNB Chain:
0x90a2a4…f2dd48 - Solana:
XsoCS1Tf…BbDF2W - Hyperliquid:
0x29067197b3125c8b82ad0f…
Always confirm links on the project's own official channels before connecting a wallet or sending funds.
SP500 xStock market analysis
With a market capitalisation of $70.25 million, SP500 xStock (SPYX) is classed as a micro-cap asset and ranks #353 of 406 cryptocurrencies with a reported market cap on CryptoWave, larger than about 13.1% of them. It accounts for roughly under 0.01% of the combined tracked market value. Micro-cap assets are thinly traded in most cases: a modest order can move the price and spreads are often wide.
Over the last 24 hours roughly $7.59 million of SPYX changed hands, equal to 10.80% of its market cap, which puts its trading volume ahead of about 54.7% of tracked assets. That is an active level of turnover for an asset of this size. Its turnover ratio is higher than that of about 87% of tracked assets.
Price action: SPYX moved −1.06% in 24 hours and −1.82% over 7 days. It outperformed Bitcoin by 1.12 percentage points over 24 hours and by 1.77 points over 7 days. Against the median tracked coin (ahead by 0.94 points on the day and ahead by 2.68 points on the week), it has been a relative strength in recent sessions.
To overtake Micron Technology (bStocks Tokenized Stock) (MUB) just above it, SP500 xStock would need to grow its market cap by about 0.0%; it is 0.1% larger than Mina Protocol (MINA) just below. Its market cap is under 0.01% of Bitcoin's.
Based on market data; not investment advice.
SP500 xStock FAQ
What is SP500 xStock (SPYX)?
SPYX is a tokenized product tracking a US-listed S&P 500 ETF, issued by Backed Assets (JE) Limited under the xStocks brand. It is not a fund share.
Who can hold SPYX?
The issuer states xStocks are not available to US persons or in the UK, and other regional limits apply. Platform rules may add further limits.
How is SPYX backed?
The issuer states each xStock is backed one-to-one by the underlying asset held in regulated custody, with redemption for cash value or the underlying under its terms.
Does SPYX have a maximum supply?
No fixed cap exists. The issuer mints and burns tokens as underlying assets are added or redeemed.
Price history
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