Direxion Daily Semi Bull 3X ETF (Ondo Tokenized)
SOXLON Rank #3152Price chart
What is Direxion Daily Semi Bull 3X ETF (Ondo Tokenized)?
Overview
SOXLon provides tokenholders with economic exposure equivalent to holding SOXL, the Direxion Daily Semi Bull 3X ETF, with dividends reinvested. The product targets non-US retail and institutional investors seeking 24/5 access to leveraged semiconductor sector exposure. Ondo's tokenization platform allows instant minting and redemption with access to traditional exchange liquidity, addressing geographic and operational barriers for global market participants.
How it works
SOXLon is deployed across Ethereum, BNB Chain, and Solana, enabling multi-chain accessibility. The token represents a claim on the underlying SOXL ETF position, with minting and redemption available during extended trading hours. Users can interact with the token through the Ondo Finance application.
Token and supply
SOXLON tokens are issued through minting by users and redeemed for the underlying ETF exposure. The circulating supply is approximately 4,206 tokens with no indicated maximum supply cap. The token itself does not appear to serve governance or staking functions; its primary utility is representing claims on the underlying leveraged ETF exposure.
Where to trade SOXLON
4 exchanges · top 10
Live spot quotes from connected exchanges
SOXLON funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.