Sphere Entertainment Co. (Backpack Securities)
SPHR Rank #6390Price chart
What is Sphere Entertainment Co. (Backpack Securities)?
Overview
SPHR represents a digital form of private equity designed to connect traditional financial markets with blockchain infrastructure. Unlike synthetic derivatives or perpetual contracts that rely on price oracles, SPHR holders possess actual claims on the tangible asset. The project operates within the Real World Assets (RWA) sector, which aims to digitize physical and financial instruments for improved liquidity and accessibility.
How it works
SPHR is deployed on the Solana blockchain as part of the Backpack Securities ecosystem. The token structure allows investors to hold direct ownership of underlying assets rather than speculative price instruments.
Token and supply
SPHR has a total supply of approximately 522 thousand tokens with no fixed maximum supply cap.
Where to trade SPHR
1 exchanges · top 10
Live spot quotes from connected exchanges
SPHR 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.