TQQQ xStockPrice

(TQQQX)

TQQQX is a tokenized Real-World Asset (RWA) that functions as a tracker certificate for the ProShares UltraPro QQQ ETF. It is a debt security issued on the Ethereum and Solana blockchains, designed to provide crypto-native investors with regulated access to traditional stock market performance. Each token is 100% backed by physical shares of the underlying ETF held in regulated custody, bridging the gap between traditional finance and the decentralized ecosystem.

TQQQX is not a stablecoin. It is a tokenized security whose price fluctuates based on the performance of the Nasdaq-100 index. While it exists as a Web3 asset, it is essentially a traditional financial instrument brought on-chain. Unlike stablecoins designed to maintain a peg, TQQQX is intended for investors seeking exposure to the volatility and growth of tech-heavy equity markets through a compliant blockchain format.

The token inherits the daily leverage reset of its underlying asset. It aims to deliver three times the daily performance of its target index. For example, if the index rises 1% in a day, TQQQX should increase by approximately 3%. However, investors should be aware of volatility decay, where daily rebalancing in a fluctuating market can erode value over time. This makes the asset more suitable for short-term tactical trading rather than long-term investment.

Yes, regulatory compliance is a core feature of this project. It is issued under the Liechtenstein Blockchain Act, providing a robust legal framework for tokenized securities. While the tokens can be traded on various secondary markets, the primary issuance and redemption processes are subject to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) standards. This ensures the asset operates within recognized legal boundaries for securities.

Holding TQQQX provides price exposure but does not grant shareholder voting rights or direct dividends. While some centralized exchanges like LBank may offer specific savings products or promotional programs for holders, there is no native staking mechanism. Users should be wary of platforms mislabeling TQQQX as a stablecoin for use in decentralized stability pools, as its primary function is as a volatile tracker certificate.

TQQQX is available on major centralized exchanges such as LBank, as well as various decentralized exchanges on Ethereum and Solana. Investors encounter a management fee of approximately 0.97% annually, which reflects the costs of the underlying ETF. Additionally, primary minting and redemption carry a fee of about 0.5%. Users must also account for standard blockchain network gas fees when transferring or trading the token.