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?
Availability varies by region. Currently, Exodus Markets is unavailable in the following countries and regions:
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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?
You can access Exodus Markets from both Exodus Pay and your Exodus wallet.
Exodus Pay
To learn more about Exodus Pay, visit: Getting started with Exodus Pay.
In Exodus Pay, tap on the profile icon.
Tap Exodus Markets.
Exodus wallet
In your Exodus wallet, a) tap the Wallet icon, then b) swipe down to go to the profile screen.
Tap Exodus Markets.
How do I add funds to Exodus Markets?
Exodus Markets uses your XO Cash (XO) balance on the Solana network, which is the same balance used in Exodus Pay. You can get XO in several ways.
You can receive XO with Exodus Pay or with your Exodus wallet.
When you deposit into Exodus Pay, you receive XO. To learn about the different ways to deposit, visit: Getting started with Exodus Pay.
You can also get XO by swapping using Exodus Swap, or by buying XO in your Exodus wallet. For more information, visit:
How do I buy or sell tokenized stocks?
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. Review the transaction details, and c) tap 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.
You'll then return to the screen where you entered the amount. From here, tap Continue.
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 Remaining to sell all. Review the transaction details, and c) tap Continue.
Review the transaction details, and slide to the right to sell.
What are the trading hours for Exodus Markets?
For most tokenized stocks, buying and selling in Exodus Markets is generally only available from 8:05 PM Sunday to 7:59 PM Friday ET (Eastern Time).
During this timeframe, buying and selling are available during 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 support off-hours trading?
Some tokenized stocks can be bought and sold outside of regular trading hours. To see the list of assets that support off-hours trading, see Ondo's documentation:
Ondo notes that pricing, spreads, and limits may vary during off-hours trading. Depending on market conditions, some assets may be temporarily unavailable for buying or selling.
To learn more about off-hours trading, see Ondo's documentation: Off-Hours Trading.
What are the fees?
In Exodus Markets, a fee will apply when you buy tokenized stocks.
Slippage may also apply when buying or selling.
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 the Exodus Pay or Exodus wallet balance button in the top right. This will take you to either your Exodus crypto wallet or your Exodus Pay account.
Back to Exodus Pay
Back to Exodus wallet
