SPDR S&P 500 ETF (Ondo Tokenized ETF)
SPYON Rank #501Price chart
What is SPDR S&P 500 ETF (Ondo Tokenized ETF)?
Underlying fund
The underlying SPY fund seeks to track the S&P 500 before expenses. It holds exposure to large US companies across multiple sectors. State Street manages the ETF product. SPYon tracks its economic performance through Ondo's token structure. Dividend amounts are reinvested in the token's economic exposure after applicable withholding taxes.
Backing arrangements
Ondo's stock and ETF tokens are backed by the corresponding securities and cash in transit. Underlying holdings sit with regulated US intermediaries. A verification agent reviews the backing. A security agent holds a security interest for token holders. The wrapper's legal arrangements govern the holder's claim.
Onchain access
Eligible non-US users can mint and redeem through Ondo's platform. Redemptions settle to stablecoins or the underlying asset's cash value. Availability follows the platform's supported market windows and operational rules. Tokens can also move through supported wallets and DeFi venues. Supply adjusts through issuance and redemption rather than a fixed token allocation.
Where to trade SPYON
14 exchanges · top 10
Live spot quotes from connected exchanges
SPYON 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.