SP500 xStock (SPYX)
Supply & valuation
Circulating supply can't be independently verified for this asset; this valuation uses total on-chain supply. Why we label it this way
Questions
SPYX — frequently asked questions
What is SP500 xStock's supply?
SP500 xStock has a total on-chain supply of 95,779 SPYX, read directly from the chain. Its circulating supply can't be independently verified, so we report only the total.
How is the SPYX price here computed?
The SPYX price on this page is TheDistributed's own reference price, computed from on-chain venue data rather than exchange feeds. The full method, tolerances and labels are documented on our methodology page.
Does SP500 xStock have a market cap?
We don't label a market cap for SP500 xStock because its circulating supply can't be independently verified. Instead this page shows a total-supply valuation of $71.2M — the reference price times the total on-chain supply — labelled as exactly that.
Is SP500 xStock its own blockchain?
No — SP500 xStock (SPYX) is a token issued on a host blockchain rather than a native coin. We track it by its verified canonical contract, and its on-chain figures are read from that contract.
Answers are generated from the live figures on this page — our own reference price — and update as the data does.