Tokenized stock

ProShares UltraPro Short QQQ (SQQQ): every tokenized form

ProShares UltraPro Short QQQ (SQQQ) is tokenized two ways on U.CASH: SQQQx on BNB Chain (xStocks), SQQQ on Solana (Backpack). Every form tracks the same underlying, but each issuer runs its own token contract, transfer rules, and pricing feed, so the right form depends on the chain you already use. This page compares them; each form's own page carries its contracts, diligence, and deep links.

Swap SQQQ on Solana (Backpack) → All tokenized stocks

ProShares UltraPro Short QQQ at a glance

Tokenized forms

2

Chains

2

Underlying ticker

SQQQ

Asset class

Stock

One company, every chain it is issued on. Each form has its own page with contracts, diligence, and deep links.

Every tokenized form of ProShares UltraPro Short QQQ

Same underlying, different issuers and chains. The ticker suffixes are the convention: plain on Robinhood Chain, a c on Base, an x for xStocks on Solana.

Settlement speed, form by form

Each form settles on its own chain, so the same ProShares UltraPro Short QQQ exposure lands at different speeds. Bars show the chain's block time; the number is what a confirmation waits on.

How fast each form settles: SQQQx on BNB Chain (xStocks) about 0.75 s per block, SQQQ on Solana (Backpack) about 400 ms per block. Shorter bars confirm faster.

Trade any form

Every link opens the swap with that form already selected.

Where the price of a ProShares UltraPro Short QQQ token comes from

Issuer-fed, not exchange-fed: that is the pricing model for every ProShares UltraPro Short QQQ form here. BNB Chain (xStocks) reads Backed Assets, and Solana (Backpack) reads Backpack Securities. Marks move every few minutes in session, then freeze at the last quote overnight while the chains beneath them keep finalizing blocks. The underlying share sets the exposure; the chain sets the settlement; neither waits on the other.

Token rights, kept separate from share rights

Rights live in the share; the token carries the price of ISIN CH1588665286. That is the whole trade: a tokenized ProShares UltraPro Short QQQ wrapper with no votes, no dividends and no SIPC — unless the issuer builds them in — but with on-chain settlement and your own keys. If you need the rights, the underlying share is the right instrument; if you need the exposure, every form below serves it.

Other tokenized stocks

Holding tokenized ProShares UltraPro Short QQQ: the FAQ