Each row is one issuer’s token for Strategy PP Variable, with the chains it is deployed on. A bold chain is one where these wallets hold a balance. Tokens are not shares: no issuer in the registry publishes a shares-per-token ratio, so a balance is counted one per share and marked where that assumption is doing work.
Tokenized versions of Strategy PP Variable, the issuer behind each, the chains it is deployed on, and what these wallets hold of it.
Deployments come from the instrument registry, generated 2026-09-30. A chain listed here is one the issuer has deployed on, not a promise that a market exists on it.
Longs earn 16.5%a yearFunding moves between the two sides of a perp every hour. On XYZ, the 14-day average funding has shorts paying longs 16.5% a year. Here it is the long side that is paid, so a token holder shorting the perp to hedge would pay this rate rather than earn it. The rate resets hourly and can flip, the short needs margin and can be liquidated in a sharp move, and a token can trade away from the share price. How funding and hedging work
Up to 10x leverage14-day average funding on XYZ · 1 market
4 tokens from 4 issuers track Strategy PP Variable: xStocks, Ondo, Dinari and Reality. Between them they are deployed on 14 chains, including Tron, TON, Solana, Mantle, HyperEVM and 9 more. Each is a separate token, so one issuer's cannot be swapped for another's except through a market.
No. A token is a claim that its issuer defines, priced on its own market, and it can trade away from the share price. Whether it carries voting rights, dividends or a right to redeem for the share depends on the issuer, and no issuer in the registry publishes how many shares stand behind each token.
6 vaults and pools take one of these tokens, 4 of them holding 100K or more. The highest 30-day average rate among those is 68.7% a year, at STRCX-DIVI on solana, holding 188.92K. Rates move daily and are paid on what is deposited, not promised.
1 perpetual futures market on Hyperliquid venues track Strategy PP Variable, with up to 10x leverage. On XYZ, the most traded, funding over the last 14 days averaged 16.5% a year, paid to longs. A perp is a bet on the share price: it holds no token and no share.
Strategy PP Variable pays dividends on its shares. What a token holder receives is set by the issuer, not the company: xStocks, no cash payout; reinvested net of withholding, and the token balance rises through a rebasing multiplier; Ondo, reinvested into exposure (total return); Dinari, paid in USDC; Reality, paid out separately in USDT. These are the issuers' published terms, which can change.
xStocks
