Friday, October 16, 2026

BTC $81,301 ▼ 1.02%

NewsLive Wire Politics World Markets Digital Assets Technology Sports

FranchisesThe Brief The Big Read The Breakdown Crypto Culture

MoreDeFi & On-Chain U.S. Equities Macro & Rates Research

LIVE

ADA$0.224−2.63%ETH$2,414−1.04%LINK$12.33−0.93%SOL$103.82−1.41%BTC$81,301−1.02%XRP$1.30−2.45%S&P 5007,651−1.21%Nasdaq26,129−2.18%Dow51,881−0.57%RUT2,719−1.74%TNX5.10%+0.29%TYX5.44%+0.24%FVX4.91%+0.24%IRX4.07%−0.39%VIX20.96+27.34%GOLD$4,181.50+0.27%SILVER$57.17+0.02%OIL$98.90+2.49%DXY101.87−0.18%NVDA$214.53−1.24%AAPL$341.77−0.07%TSLA$351.72−2.96%META$707.10−4.02%MSFT$526.85−2.33%AMZN$248.95−2.28%GOOGL$340.30−2.55%Fear & Greed63 — GreedADA$0.224−2.63%ETH$2,414−1.04%LINK$12.33−0.93%SOL$103.82−1.41%BTC$81,301−1.02%XRP$1.30−2.45%S&P 5007,651−1.21%Nasdaq26,129−2.18%Dow51,881−0.57%RUT2,719−1.74%TNX5.10%+0.29%TYX5.44%+0.24%FVX4.91%+0.24%IRX4.07%−0.39%VIX20.96+27.34%GOLD$4,181.50+0.27%SILVER$57.17+0.02%OIL$98.90+2.49%DXY101.87−0.18%NVDA$214.53−1.24%AAPL$341.77−0.07%TSLA$351.72−2.96%META$707.10−4.02%MSFT$526.85−2.33%AMZN$248.95−2.28%GOOGL$340.30−2.55%Fear & Greed63 — Greed

Defi Onchain

SPYx Tokenized ETF Reaches $48.1M Market Cap via Solana Lending Integration

The tokenized ETF has attracted 85,000 wallets and $15.7M in deposits across Fluid Jupiter Lend and Kamino, with $383M in 30-day DEX volume.

The On-Chain Desk

Gokhshtein Media

October 16, 2026

3 min read

Fact-checked before publicationHuman-reviewedCorrections

SPYx Tokenized ETF Reaches $48.1M Market Cap via Solana Lending Integration

Photo by Brett Sayles / Pexels

Key Points

The SPYx tokenized ETF on Solana has reached a $48.1 million market capitalization, with on-chain data showing the asset held by 85,000 distinct wallets.
Capital flows reveal active composability across Solana's lending layer.
Trading volume has been substantial, registering $383 million over 30 days.

The SPYx tokenized ETF on Solana has reached a $48.1 million market capitalization, with on-chain data showing the asset held by 85,000 distinct wallets.

Capital flows reveal active composability across Solana's lending layer. SPYx deposits total $9.0 million in Fluid Jupiter Lend and $6.7 million in Kamino, enabling holders to generate yield on tokenized ETF positions by using the asset as collateral.

Trading volume has been substantial, registering $383 million over 30 days. Raydium captured 87 percent of that volume, providing deep liquidity for price discovery and execution directly on-chain.

The On-Chain Desk

Gokhshtein Media

The On-Chain Desk covers DeFi protocols, on-chain capital flows, stablecoins, tokenization, and the mechanics of decentralized finance. About this desk →

Read Next

Defi OnchainStarknet Launches Shadow Accounts for DeFi PrivacyThe Ethereum layer-2 network's new feature lets users fund protocol-specific addresses with shielded STRK20 balances, decoupling DeFi activity from main wallets.

→

Defi Onchain21Shares Proposes INJ Staking Fund as Token Surges 27%The asset manager's fund would hold INJ directly and allow discretionary staking, giving institutions native protocol yield without managing on-chain operations.

→

Defi OnchainZcash Dev Fund Tops $95M as Qureshi Pushes for 2028 SunsetDragonfly's Haseeb Qureshi argues the Zcash developer fund should wind down by 2028, but Paradigm and others warn against losing crucial infrastructure funding.

→