Invesco QQQ ETF (Ondo Tokenized ETF)

QQQON is a tokenized representation of the Invesco QQQ ETF, created and issued by Ondo Finance on public blockchains. It is designed to give non-US retail and institutional users economic exposure similar to holding the underlying QQQ ETF, with dividends treated as reinvested. The product addresses the practical difficulty that international investors face when trying to access US-listed exchange-traded funds through traditional brokerage channels.

Users can mint or redeem QQQON tokens around the clock on weekdays, with Ondo connecting those transactions to traditional exchange liquidity so that the token price tracks the underlying ETF. The token exists across several blockchain ecosystems simultaneously, including Ethereum, Solana, BNB Chain, and HyperEVM, meaning it can be held and transferred on any of those networks. No consensus algorithm is recorded for this asset because it is a tokenized wrapper rather than a native blockchain protocol.

The data provided does not include a fee stream, fee rate, or revenue figure for QQQON, so no fee-based measures can be calculated or reported for this asset on this site. The economics of holding QQQON are governed by Ondo's terms at ondo.finance/global-markets, which are outside the scope of what is stored here. What the stored data does show is that virtually all supply is already in circulation, with a dilution overhang of 0.003078 percent of total supply at this point in time, meaning the gap between circulating and maximum supply is negligible.