Live · updated 24 minutes ago
Tesla xStock Price chart
Key stats
Performance
How the price moved over each period.
Supply
183,047 TSLAX circulate. No maximum supply is set.
- Circulating
- 183,047
- Total supply
- 578,640
- 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 11.14% of market cap. Trades easily.
$73.46M market cap, rank #299. Bigger is harder to push around.
32% of the total supply circulates. Big unlocks could dilute holders.
19.2% below its all-time high of $496.55.
Largest recent swing: 0.93% 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 Tesla xStock (TSLAX)?
Tesla xStock is a tokenized product that tracks the Tesla, Inc. (TSLA) share. It is part of the xStocks range, introduced in 2025 and issued by Backed Assets (JE) Limited, a Jersey company. The tokens were first distributed through Kraken as a launch partner and now exist on many chains. A TSLAX token is a claim under the issuer's terms, not a share of Tesla, and it does not carry the shareholder rights, such as voting, that come with owning the stock itself.
How Tesla xStock works
The issuer states that each xStock is backed one-to-one by the underlying asset held in regulated custody. Holders can redeem a token for the equivalent cash value or the underlying asset under the issuer's terms, and mint and redemption details are set out in the base prospectus and final terms the issuer publishes. In practice most people buy and sell the token on exchanges and on-chain venues rather than redeeming it directly.
Typical uses include:
- Getting price exposure to Tesla around the clock with a token instead of a brokerage account.
- Buying fractional amounts of a single stock.
- Moving the position between wallets and supported chains.
- Using the token in DeFi venues that list it.
TSLAX supply and token design
There is no fixed cap. Supply expands and contracts as the issuer mints new tokens against underlying assets and burns tokens when they are redeemed, so supply follows demand rather than an emission schedule. Live circulating supply is shown in the market data on this page.
The official site lists deployments on Ethereum, Solana, BNB Smart Chain, Mantle, TON, Arbitrum, Optimism, Tron and other chains. The contract differs on each network, so always copy the address from the issuer's own list.
Official information is on xstocks.com.
What to check before using TSLAX
- Eligibility: the issuer states xStocks are not available to US persons or in the UK, and other regional restrictions apply. Check that you may legally hold the token.
- Issuer and custody risk: redemption depends on the issuer and its custodian honouring the one-to-one backing.
- The token tracks Tesla but is not the share. Dividends, corporate actions and voting follow the issuer's terms.
- Tesla trades on set market hours while the token trades constantly, so secondary-market quotes can drift from the underlying outside those hours.
- Liquidity can be thin on some chains. Use the address from the official list on the chain you choose.
Tesla xStock project profile
Token contracts
- Arbitrum One:
0x8ad3c7…eb7cf0 - Mantle:
0x8ad3c73f833d3f9a523ab0… - Ethereum:
0x8ad3c7…eb7cf0 - BNB Chain:
0x8ad3c7…eb7cf0 - Solana:
XsDoVfqe…sJHzoB - The Open Network:
EQB4IwqWZPUczntdry8vSN2t…
Always confirm links on the project's own official channels before connecting a wallet or sending funds.
Tesla xStock market analysis
With a market capitalisation of $73.46 million, Tesla xStock (TSLAX) is classed as a micro-cap asset and ranks #299 of 402 cryptocurrencies with a reported market cap on CryptoWave, larger than about 25.6% 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 $8.18 million of TSLAX changed hands, equal to 11.14% of its market cap, which puts its trading volume ahead of about 62.2% 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: TSLAX moved +0.20% in 24 hours and +2.42% over 7 days. It outperformed Bitcoin by 1.88 percentage points over 24 hours and by 6.67 points over 7 days. Against the median tracked coin (ahead by 1.76 points on the day and ahead by 7.31 points on the week), it has been a relative strength in recent sessions.
To overtake USDsui (USDSUI) just above it, Tesla xStock would need to grow its market cap by about 0.9%; it is 0.9% larger than f(x) USD Saving (FXSAVE) just below. Its market cap is under 0.01% of Bitcoin's.
Based on market data; not investment advice.
Tesla xStock FAQ
What is Tesla xStock (TSLAX)?
TSLAX is a tokenized product that tracks the Tesla (TSLA) share, issued by Backed Assets (JE) Limited as part of the xStocks range. It is not a Tesla share.
Who can buy TSLAX?
The issuer states xStocks are not available to US persons or in the UK, and further regional limits apply. Eligibility also depends on the platform you use.
How is TSLAX backed?
The issuer states each xStock is backed one-to-one by the underlying asset held in regulated custody. Redemption is available for cash value or the underlying asset under its terms.
Do TSLAX holders own Tesla shares?
No. A token is a claim under the issuer's terms and does not carry shareholder rights such as voting.
Price history
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