xStocks
Tokenized U.S. equities platform bringing 75+ stocks on-chain across Solana, Ethereum, and TON — backed by Kraken and powered by Backed Finance
Farming Overview
Key Statistics
How to Farm xStocks
- Hold xStocks (xAAPL, xTSLA, xNVDA, etc.) in your wallet to passively earn xPoints daily
- Provide liquidity on Byreal for the top 7x xPoints multiplier (Raydium/Jupiter pairs also earn boosted points)
- Lend xStocks on Kamino for the 5x multiplier — the best passive-risk points rate after LPing
- Complete limited-time quests (LP specific pools, hold certain xStocks, open lending positions) for bonus points
- Register wallet early for permanent 20% xBoost on all points earned throughout the campaign
- Maintain consistent activity to grow your xBoost multiplier over time
Why Farm xStocks?
- Backed by Kraken with xStocks Alliance including Solana Foundation, Chainlink, Jupiter, Raydium, and Bybit
- xPoints rewards program launched March 2026 — widely seen as precursor to governance/utility token
- $25B+ cumulative volume across 60+ tokenized US equities in 8 months — ~$196M in total xStocks value
- 93% market share of all tokenized equities on Solana — dominant positioning in rapidly tripling sector
- Dual-chain expansion to Ethereum and TON broadens addressable user base with potential separate incentives
- Partnership with Nasdaq for international distribution adds institutional credibility
About xStocks
xStocks is a tokenized equities platform created by Backed Finance that brings traditional U.S. stocks and ETFs on-chain as DeFi-compatible tokens. Each xStock token (like xAAPL or xTSLA) is backed 1:1 by real-world shares held in custody under Swiss regulatory oversight, with pricing provided by Chainlink oracles. Available on Solana, Ink, Ethereum, and TON, xStocks can be traded 24/7, used as collateral, LPed on DEXs, or integrated into any DeFi protocol — making traditional equities fully composable in crypto for the first time at scale.
xStocks Alliance
- Open coalition of exchanges, chains, and DeFi protocols building liquid RWA markets on-chain
- Partners include Chainlink (oracle pricing), Raydium, Jupiter, Kraken, and Nasdaq
- Nasdaq-Kraken partnership bringing tokenized equity markets to Solana DeFi
- Hackathon (March 31 – April 2, 2026) with $75K prize pool — in partnership with Euler and Chainlink
Similar DeFi Protocols
Frequently Asked Questions
What is xStocks and how does it work?
xStocks is a tokenized equities platform created by Backed Finance that brings traditional U.S. stocks and ETFs on-chain as DeFi-compatible tokens. Each xStock token (like xAAPL or xTSLA) is backed 1:1 by real-world shares held in custody under Swiss regulatory oversight, with pricing provided by Chainlink oracles. Available on Solana, Ink, Ethereum, and TON, xStocks can be traded 24/7, used as collateral, LPed on DEXs, or integrated into any DeFi protocol — making traditional equities fully composable in crypto for the first time at scale.
How do I farm the xStocks airdrop?
To farm the xStocks airdrop, you should: Hold xStocks (xAAPL, xTSLA, xNVDA, etc.) in your wallet to passively earn xPoints daily. Provide liquidity on Byreal for the top 7x xPoints multiplier (Raydium/Jupiter pairs also earn boosted points). Lend xStocks on Kamino for the 5x multiplier — the best passive-risk points rate after LPing. Complete limited-time quests (LP specific pools, hold certain xStocks, open lending positions) for bonus points. xStocks is currently in the early farming stage with farming active airdrop status.
What is the expected value of the xStocks airdrop?
The xStocks airdrop has an expected value rating of 3 out of 5 ($$$). The farming stage is early and the airdrop status is farming active. Expected value ratings on The Farmers Market consider factors like protocol TVL, funding, team quality, and token economics.
Why should I farm xStocks?
Backed by Kraken with xStocks Alliance including Solana Foundation, Chainlink, Jupiter, Raydium, and Bybit xPoints rewards program launched March 2026 — widely seen as precursor to governance/utility token $25B+ cumulative volume across 60+ tokenized US equities in 8 months — ~$196M in total xStocks value