MoonX xStocks FAQ

What is xStocks on MoonX?

xStocks are tokenized representations of U.S. stocks and ETFs (such as Apple, Tesla, or the S&P 500 ETF) launched by Backed in May 2025.

Each xStock token is backed 1:1 by the corresponding real-world asset and can be traded 24/7 on the MoonX Spot Market using SOL.

This enables crypto traders to gain exposure to U.S. equities directly on-chain without leaving the blockchain ecosystem.

How are xStocks backed 1:1?

Each xStock token is fully collateralized with the equivalent number of underlying shares, held by a regulated independent custodian on behalf of the issuer.

• For every xStock minted, one real stock share is reserved.
• This ensures a 1:1 economic link between the token and the underlying equity.

How does trading xStocks on MoonX work?

MoonX allows continuous trading of tokenized U.S. stocks and ETFs 24/7.

• Primary Market (NYSE, Nasdaq, etc.): Open during U.S. trading hours and serves as the price anchor.
• Secondary Market (MoonX Spot): Open 24/7, enabling users to trade even when U.S. markets are closed.

Outside of U.S. trading hours, xStock prices may fluctuate based on news, pre-market sentiment, or after-hours events.

Is investing in xStocks the same as owning real stocks?

No. Holding xStocks only provides price exposure and does not grant equity ownership.

❌ No voting rights

❌ No dividends

❌ No shareholder privileges

xStocks are designed for trading, diversification, and portfolio exposure, not for direct stock ownership.

What xStocks trading pairs are available on MoonX?

MoonX supports a variety of popular U.S. stocks and ETFs, including:

• Apple (AAPLX)
• Tesla (TSLAX)
• NVIDIA (NVDAX)
• SPDR S&P 500 ETF (SPYX)

➡️ Please check MoonX xStocks page.

Are there fees for trading xStocks on MoonX?

Yes. xStocks trading fees follow the same rules as other tokens on MoonX, with a standard 1% trading fee (discounts may apply depending on your user level).

In addition, on-chain deposits and withdrawals require a small SOL gas fee, which is collected by the Solana network validators, not by MoonX.

Can I deposit and withdraw xStocks?

Yes. MoonX supports deposits and withdrawals via the Solana (SOL) network.

• Always withdraw xStocks to a compatible Solana wallet.
• Each transfer requires a SOL gas fee.

Can I redeem xStocks for real stocks?

No. MoonX only offers a secondary market for trading tokenized equities and does not support redemption into real-world shares.

Can I trade xStocks 24/7 on MoonX?

Yes. Unlike traditional stock markets, xStocks can be traded 24/7 on MoonX Spot.

Do xStocks pay dividends?

No. xStocks holders do not receive dividends or company-related corporate actions.

What risks should I be aware of?

• Depegging risk: Liquidity gaps, market halts, or technical issues may cause temporary deviations from underlying stock prices.
• Custody risk: xStocks rely on regulated custodians to secure the underlying assets.
• Market volatility: News events or after-hours developments can trigger sharp price movements.
• Network risk: Deposits and withdrawals depend on the Solana network, which may face congestion or delays.

Disclaimer

xStocks are tokenized assets designed to mirror the price of U.S. equities. They do not represent actual ownership of the underlying shares and do not provide dividends, voting rights, or shareholder privileges.

Trading xStocks involves risks, including potential price deviation, market volatility, and reliance on custodians. Please conduct your own research and evaluate your risk tolerance before trading.