Wrapped SP500 xStock(wSPYx)
Onchain Marketcap$660,070

Onchain Marketcap by chain

Ethereum$599,114

Mantle$60,956

Key Metrics

Active Marketcap$660,070

Ethereum$599,114

Mantle$60,956

DeFi Active TVL$631,221
Morpho Blue$567,699

Ethereum$567,699

Fluxion Network$53,816

Mantle$53,816

Uniswap V4$9,454

Ethereum$9,454

Everything$252

Ethereum$252

wSPYx Price$772.36

Chains5

Token Properties

Asset ClassSingle Asset Wrapper,Equity Basket
TypeWrapper
RWA ClassificationProgrammable Finance
Access ModelPermissionless
Parent PlatformxStocks

Classification

RedeemableIndicates whether the token can be redeemed for underlying assets

TransferableIndicates whether the token can be transferred freely between on chain addresses

Self CustodyIndicates whether the token can be held in a user controlled wallet

AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing

Asset Information

IssuerBacked Assets (JE) Limited

ISINCH1436219716

Registry InformationBacked Assets (JE) Limited – Jersey company no. 152608, registered address First Floor, La Chasse Chambers, Ten La Chasse, St. Helier, Jersey JE2 4UE. LEI 984500001AB7C6C7F577.

Sourcehttps://assets.backed.fi/products/sp500-xstock

Oracle

Provider:Chainlink Proof of Reserve + The Network FirmView proof

Attestations

Date of Last Attestation:Continuous (on-chain)

Attestation Frequency:Continuous (real-time Chainlink PoR)

Reports:

Notes

  • wSPYx is the ERC-4626 wrapped version of SPYx (SP500 xStock). It wraps SPYx into a standardized vault-share token to enable DeFi composability such as use as collateral in lending markets, automated strategies, and other yield protocols. Each wSPYx represents a share claim on deposited SPYx. Underlying real-world exposure, redemption mechanics, and reference price tracking are inherited from the underlying SPYx xStock issued by Backed. The wrapper does not rebase, so its share-to-underlying ratio grows with the xStocks multiplier, making it a total-return tracker rather than a price-parity tracker.

DeFi Yield Opportunities (2)

Pool
Reference
Protocol
Chain
30d Trend
1USDC-wSPYx0.3%USDC-wSPYxLogo of Fluxion NetworkFluxion Network🪂
Logo of Mantle
$114,1520.00%Mixed 44
2USDC-wSPYx0.05%USDC-wSPYxLogo of nest CLnest CL
Logo of Hyperliquid L1
$37,12531.38%+31.38%Stable 720

Chains