what's iShares Silver Trust (Ondo Tokenized Stock)?
SLVON is an ERC-20 token issued by Ondo Finance, representing a tokenized version of BlackRock's iShares Silver Trust (SLV), a physically backed silver ETF. It provides token holders with economic exposure to the spot price of silver, mirroring SLV share performance including any dividend reinvestments, while operating fully on the Ethereum blockchain. This real-world asset (RWA) tokenization enables 24/7 global access for non-U.S. retail and institutional users, with instant minting and redeeming backed by traditional exchange liquidity. SLVON facilitates seamless integration of precious metals exposure into DeFi ecosystems via standard ERC-20 compatibility.
Whale sold $936K SLVON; phishing attack caused $3.02M SLVON/XAUt loss.
Is available for purchase and management on TopNod self-custody wallet application starting February 26, 2026.
Is included in TopNod's holding campaign running from February 26, 2026 to April 17, 2026, offering approximately 20% APY rewards totaling $100,000 to users holding at least $30 USDC equivalent.
A whale (0x4b6c) sold 10,978 SLVON tokens worth $936K for ETH within a 30-minute period on January 20, 2026.
Lost $3.02M in SLVon and XAUt tokens in January 2026 through signature phishing attacks involving permit and increaseAllowance functions.
Recorded over $1 million in onchain buy volume on January 12, 2026.
Reached a market cap of approximately $18 million.
Gate.io lists SLVON/USDT pair for spot trading, now open.