How to Buy Stock Tokens on Solana: Wallet, Swap Steps and Avoiding Fakes

Besides buying on an exchange, you can swap USDC for stock tokens directly on Solana and keep them in your own wallet. xStocks such as AAPLx, TSLAx, NVDAx and SPYx are the most actively traded stock tokens on Solana. This guide walks through the steps and, most importantly, how to avoid copycat tokens.

What you need

• A Solana wallet such as Phantom or Solflare. xStocks use Solana's Token-2022 standard, so use an up-to-date wallet that supports it.
• A little SOL for network fees. Fees are tiny, but you can't send a transaction with a zero balance.
• USDC on Solana to pay for the stock token. If you withdraw it from an exchange, make sure to pick the Solana network.

Step 1: get the official contract address

Anyone can create a token called "AAPLx" on-chain, so never search by name. First get the contract address the issuer published (on Solana it is called the mint address):

1. search the stock on this site, for example open the AAPL page;
2. under "Official contract addresses (avoid fakes)", click "Copy" on the Solana row.

We only list issuer-published addresses: xStocks come from the asset list published by their issuer Backed, and Ondo addresses come from official sources and are strictly verified. As an extra check, every xStocks address we list on Solana starts with Xs and every Ondo token address ends with ondo. Treat that as a hint only; the full address must match.

Step 2: search by address in a swap app

Open a Solana swap app such as Jupiter, connect your wallet, choose USDC as the token to pay with and paste the contract address as the token to receive instead of typing its name. Continue only when the address shown matches ours. The "Trade" button on the Solana row of our stock page opens the swap for that exact address.

Step 3: check price and slippage before swapping

• Compare with the stock: check the token's premium on our stock page. A positive premium means it trades above the stock. While the US market is closed (overnight and weekends) the stock price is not live, so the premium is indicative only.
• Look at on-chain liquidity: our stock page lists it. The thinner the liquidity, the more a large order moves the price.
• Use sensible slippage: swap apps usually set it automatically. For larger amounts, split the order or watch the quoted price impact.

Step 4: confirm and check your wallet

Confirm the transaction in your wallet; it completes within seconds. The token then appears in your wallet's asset list. If it doesn't, add it manually with the contract address.

Token amounts and shares

xStocks reflect dividends as extra shares per token, which on Solana shows up through the token's displayed amount. Your displayed balance may therefore change slightly over time in some wallets. That is expected.

FAQ

Why does a search show many tokens with the same name?

Creating a token on-chain is cheap, and copycats reuse the same name, logo and even description. Relying on the issuer-published contract address is the only dependable way to tell them apart.

Is the on-chain token the same as the one on an exchange?

xStocks on exchanges and on-chain belong to the same series, but tokens on an exchange are held by that exchange, while tokens you buy on-chain are held in your wallet. If you lose your wallet's private key, they cannot be recovered.

Are there regional restrictions on-chain?

On-chain swaps need no account, but token issuers restrict holders in certain countries and regions in their own terms. Check the issuer's terms and your local rules before buying.

For background see What are tokenized stocks and xStocks vs Ondo vs bStocks. This guide explains how things work and is not investment advice.