This content is for informational purposes only. This product is only available in permitted jurisdictions. See where Exodus Markets is unavailable here: Exodus Markets unavailable countries and regions.
With Exodus Markets, you can buy and sell tokenized stocks on Solana issued by Ondo Global Markets that track the performance of securities.
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In this article:
What is Exodus Markets?
Exodus Markets allows you to buy and sell tokenized stocks issued by Ondo Global Markets on the Solana network using your XO Cash (XO) balance.
Your XO Cash (XO) balance is used when buying or selling Ondo tokenized stocks on Solana.
Exodus Markets is fully self-custodial, meaning you remain in full control of your assets. When you buy, you'll receive Ondo tokenized stocks on the Solana blockchain at your Exodus Solana address.
Where is Exodus Markets unavailable?
Exodus Markets is only available in permitted jurisdictions. See where Exodus Markets is unavailable here: Exodus Markets unavailable countries and regions.
How do Ondo tokenized stocks work?
Ondo tokenized stocks are blockchain tokens issued by Ondo Global Markets.
Ondo tokenized stocks use a total-return tracker system. The price tracks the overall performance of the underlying securities, including price movements and any potential dividends or interest.
To learn more about Ondo tokens and how pricing works, visit Ondo's docs:
All Ondo tokens use a ticker ending in "on". For example, the ticker of Ondo Tokenized EXOD is EXODon.
Exodus Markets supports Ondo tokenized stocks on the Solana network, and you hold the tokens at your Exodus Solana address.
Is holding a tokenized stock the same as owning the security?
Holding Ondo tokenized stocks is not the same as owning the underlying security.
Tokenized stocks track the performance of the referenced security but do not provide shareholder rights, voting rights, or any direct claim against the issuer. They are not FDIC insured. As with any investment, you may lose some or all of the amount you invest. Please do your own research before investing.
Exodus Markets is not a brokerage. When you hold tokenized stocks in Exodus Markets, you hold them in your wallet as tokens on the Solana network, not as assets held in a traditional brokerage.
To learn more about the tokenized stocks and how the underlying securities are held, visit Ondo's doc: Legal & Regulatory.
Are the tokenized stocks backed by the underlying security?
Ondo tokenized stocks are designed to be fully backed by the underlying securities.
For more information on how Ondo tokenized stocks are backed, see Ondo’s doc: How do I know my funds and assets are protected?
You can find daily attestation reports of Ondo tokenized stock holdings on Ondo's website under Token Holder Protections, on the page for each tokenized stock.
Why is the price of the tokenized stock different from the underlying security?
Because Ondo tokenized stocks use a total-return tracker, the price reflects overall performance, including price movements, potential dividends, and interest.
As a result, the price of tokenized stocks may differ from the price of the underlying securities.
Are Ondo tokenized stocks available in the Exodus crypto wallet?
Ondo tokenized stocks on the Solana network are only available in Exodus Markets and will not appear in the Exodus crypto wallet.
How do I access Exodus Markets?
In Exodus Mobile, tap the profile icon.
Tap Markets.
How do I add funds to Exodus Markets?
Exodus Markets uses your Exodus Pay balance when you buy and sell tokenized assets.
You can use Exodus Markets and hold or receive funds in Exodus Pay without creating an account. However, some features and options to add money may require one.
If you don't already have an Exodus Pay balance, you can add funds in a few ways. To learn more, visit:
If you hold crypto, you might be able to add funds to Exodus Pay by swapping crypto for cash. To learn more, visit:
You can also buy XO Cash from your crypto wallet, which is the asset used for your Exodus Pay balance. To learn more, visit:
How do I buy or sell tokenized stocks?
Learn how to buy and sell tokenized stocks in Exodus Markets.
How do I buy tokenized stocks?
Some tokenized stocks are only available for buying during trading hours.
a) In Exodus Markets, b) tap Buy.
From here, you can browse available assets by a) swiping through the list or b) searching by name. Tap on the asset you want to buy.
a) Enter the amount you want to buy or b) tap Available to use your full balance. c) Tap Buy to continue.
The minimum amount of tokenized stocks you can buy may vary. You'll see a message if the amount is too low.
If it's your first time buying tokenized stocks, you'll see a prompt. After reviewing it, tap Continue.
Review the transaction details, and slide to the right to buy.
And that's it! You'll see the tokenized stocks added to your balance as soon as the transaction confirms.
How do I sell tokenized stocks?
Some tokenized stocks are only available for selling during trading hours.
In Exodus Markets, tap on the asset you want to sell.
Tap Sell.
a) Enter the amount you want to sell or b) tap Available to sell all. c) Tap Sell to continue.
Review the transaction details, and slide to the right to sell.
What are the trading hours for Exodus Markets?
Buying and selling tokenized stocks in Exodus Markets is generally available during the trading hours, from 8:05 PM Sunday to 7:59 PM Friday ET (Eastern Time).
Some tokenized stocks can be bought and sold outside regular trading hours and are available 24/7. To learn more, see: Which assets can I trade 24/7?
The trading hours are based on the following sessions:
Available sessions from 8:05 PM Sunday to 7:59 PM Friday ET:
Overnight: 8:05 PM to 3:55 AM ET
Pre-Market: 4:01 AM to 9:29 AM ET
Core Session: 9:31 AM to 3:59 PM ET
Post-Market: 4:01 PM to 7:59 PM ET
To learn more about the trading hours for Ondo tokenized stocks, visit Ondo's docs: Market Hours & Trading Availability.
For tokenized stocks that are only available during trading hours:
Trading may be unavailable a few minutes before or after each session. In some cases, trading may also be temporarily unavailable.
Trading is not available during NYSE holidays.
Which assets can I trade 24/7?
The following tokenized stocks are available to buy and sell 24/7, including outside of regular trading hours:
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Ondo notes that pricing, spreads, and limits may vary when trading these assets outside of the regular trading hours. Depending on market conditions, some assets may be temporarily unavailable for buying or selling.
To learn more, see Ondo's documentation: Off-Hours Trading.
What are the fees?
In Exodus Markets, a fee will apply when you buy tokenized stocks.
You can view the fees on the confirmation screen before buying:
Slippage may also apply when buying or selling.
How do I enable or disable tokenized stocks?
You can enable or disable tokenized stocks to show or hide them in Exodus Markets.
EXOD (EXODon) is enabled by default and cannot be disabled.
To disable a tokenized stock, a) swipe it to the left, then b) tap the remove icon.
Disabling and hiding tokenized stocks is only possible if your balance for that asset is $0.50 or below.
To enable a tokenized stock, you can either a) tap on the search icon or b) tap Add More at the end of your current asset list.
This opens the list of tokenized stocks. By default, you'll see the top movers over the last 24 hours. The fire icon indicates gains and the rain icon indicates losses during that period.
To view the list of tokenized stocks in the order of top movers, a) tap View More, or b) use the search bar if you're looking for a specific asset.
Tap on the asset you want to enable.
Tapping on it will open the details of the tokenized stock.
When you return to the home screen, the selected tokenized stock will be enabled in Exodus Markets.
How do I view my transaction history?
In Exodus Markets, tap on the history icon.
a) You can filter your transaction history by transaction type, and b) view your history from the list. You can tap on each transaction to view more details.
How do I navigate back to my wallet?
In Exodus Markets, tap on the arrow in the top left. This will take you back to either your Exodus crypto wallet or Exodus Pay.
