what's Alphabet xStock?
Alphabet xStock (GOOGLX) is a tokenized asset that mirrors the price performance of Alphabet Inc. (Google) Class A shares (GOOGL) on the blockchain. It enables 24/7 trading, fractional ownership, and access via crypto exchanges and DEXs without traditional brokerage requirements. Built as a real-world asset (RWA), GOOGLX leverages oracle price feeds to maintain peg with the underlying stock, supporting perpetuals, spot trading, and leverage on platforms like Solana-based DEXs, LBank, XT.COM, and Helix. Users interact via wallets for seamless on-chain settlement.
Alphabet xStock (GOOGLx) reached $25M market size on Kamino Finance, used as DeFi collateral.
Crossed $25M in total market size on the Kamino Finance market, where GOOGLx (representing Alphabet) is used as collateral in DeFi borrowing alongside other tokenized equities.
Perpetual futures trading for GOOGLx launched on Kraken Pro with up to 20x leverage and support for 40+ collateral options.
Integrated into Wasabi Vaults as a supported asset for earning yield.
Wasabi platform on Solana offers long, short, and earn trading features for GOOGLX, with Wasabi traders generating 13.4% of all onchain volume across listed xStocks.
GOOGLX RWA is now live and tradable on the OpenOcean platform.