Skip to main content
Tokenized stocks are onchain tokens that represent traditional equities (e.g. TSLAx, SPYx). You can buy and sell them on Jupiter Spot like any other Solana token. Browse the full list on the Stocks screener or the Stocks tab in Discover.

How tokenized stocks work

Tokenized stocks are issued by third parties, not by Jupiter. Jupiter curates the list of available tokenized stocks and routes trades through all available liquidity sources for best execution — there is no special partnership or custom integration; routing works the same as for any other token.
Jupiter does not issue, back, or guarantee any tokenized stock. What the token represents — its backing, redemption rights, and structure — varies by issuer. Review the issuer’s terms before trading. See Redemption rights and Risks and Limitations.

Issuers and availability

Tokenized stocks on Jupiter come from several issuers. By trading volume, the largest are typically Backpack and xStocks, followed by Ondo and PreStocks, with additional issuers such as Superstate.
The issuer list and relative volumes change over time.

Redemption rights

Redeeming means converting the token back into the value of the underlying stock. Whether and how that is possible depends entirely on the issuer, not on Jupiter. In practice:
  • Selling on the market is the usual exit. You can sell a tokenized stock on Jupiter at any time there is liquidity, like any other token. This is how most holders realize value.
  • Direct redemption goes through the issuer. Each issuer runs its own primary process, typically requiring an account or KYC onboarding with the issuer, jurisdiction-based eligibility, and minimum amounts or settlement delays. Some products (for example pre-IPO exposure tokens) may not offer redemption into the underlying shares at all.
The official and current redemption terms are the issuer’s, and only theirs:
Redemption rights are contractual rights against the issuer, not against Jupiter. If an issuer’s process is unavailable to you (jurisdiction, KYC, minimums), selling on the market is your only exit.

Trading hours

Most tokenized stocks are tradeable 24/7. Some issuers differ:
  • Ondo (Ondo Stocks) — some tokens now trade 24/7: Ondo enabled around-the-clock minting and redemption for its most-traded assets (initially SPYon, QQQon, NVDAon, TSLAon, GOOGLon, and CRCLon, with more to follow). The remaining Ondo tokens stay on a 24/5 schedule, generally available from Sunday 8pm ET until Friday 8pm ET, and may have additional trading pauses, shown in the UI. The Ondo Stocks secondary market is powered by a just-in-time (JIT) liquidity mechanism: liquidity is provided on demand through a Request-for-Quote (RFQ) mechanism rather than sitting in a standard AMM pool, so liquidity may be significantly lower outside traditional U.S. market hours, leading to wider spreads and higher price impact. Ondo Stocks are currently only tradeable against USDC: switch the Buy/Sell side to USDC to trade them.

KYC and eligibility

Some issuers require identity verification (KYC) or restrict eligibility by jurisdiction.
  • Superstate — requires KYC.

Risks

  • Tokenized stocks are not the same as traditional stocks. They are onchain tokens issued by third parties.
  • Check the regulations in your jurisdiction around investing in stocks.
  • Tokenized stocks often trade at a premium compared to their traditional counterparts.
  • Unlike traditional stocks, tokenized stocks generally do not pay dividends.
  • Backing, redemption rights, and structure vary by issuer — review the issuer’s terms.
  • Do your own research before investing.

Discover — Stocks

Browse and filter all available tokenized stocks.

Risks and Limitations

Understand the risks before trading.