iShares Silver Trust (Ondo Tokenized Stock)
SLVON Rank #783Price chart
What is iShares Silver Trust (Ondo Tokenized Stock)?
Silver exposure
iShares Silver Trust began on April 21, 2006. Its SLV shares trade on NYSE Arca. The trust seeks to track silver bullion prices. Its benchmark is the LBMA Silver Price. The underlying product holds physical silver rather than a basket of mining-company stocks. Its stated annual sponsor fee is 0.50%. SLVon references this security’s value through Ondo’s tokenization framework.
Token structure
The token is issued as a structured note by Ondo Global Markets (BVI) Limited. Its backing consists of the referenced securities and cash in transit, with a buffer. A security agent holds a first-priority interest for tokenholders. The instrument gives economic exposure without shareholder voting or information rights. Redemption provides the then-value under the issuer’s terms. Direct subscriptions and redemptions require onboarding and KYC. Availability is restricted to eligible non-US participants. Token ownership is separate from taking physical delivery of silver bullion.
Where to trade SLVON
17 exchanges · top 10
Live spot quotes from connected exchanges
SLVON 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.