xStocks airdrop

xStocks is the biggest name in tokenized stocks, and it is running an xPoints program that is widely read as the runway to a token. It is built by Backed Finance, now under Kraken (which fully acquired Backed in December 2025), and it accounts for roughly a quarter of the entire tokenized-stock market. Each xStock is a real equity or ETF tokenized 1:1 with proof of reserves, tradable across Ethereum, Solana, Ink, TON and BSC. There is no token yet, which is exactly why building xPoints now matters. Start on the xStocks xPoints page, where our link gives you a permanent 20% boost on everything you earn.

Your points scale with the size and type of your position, and they update daily:

• Hold xStocks - the base tier. Just holding tokenized TSLAx, NVDAx, SPYx and the rest in your wallet earns.
• Lend xStocks - a higher tier. Supplying xStocks as collateral on a lending market (for example the dedicated xStocks market on Kamino) has carried around a 5x multiplier plus lending yield.
• Provide liquidity - the highest tier. Pairing xStocks with USDC in a DEX pool (Raydium, Orca) has carried the top multiplier, around 7x, plus trading fees.
• Refer - earn 20% of the xPoints your referrals generate.
• xBoost - registering through a referral locks in a permanent 20% boost. Ours is WEB3WIKIS.

xStocks is also actively pruning bot farms: accounts with no activity within 7 days of registering get removed, so this rewards genuine holders.

Here is the edge. xStocks issues STRCx, a tokenized version of Strategy's STRC yield instrument, and STRCx has a live market on Pendle. Pendle splits a yield-bearing asset into a Principal Token (PT) and a Yield Token (YT). Two moves fall out of that:

• PT-STRCx locks a fixed yield (around 21% APY at the time of writing, ~46 days to maturity) - fixed income on a tokenized stock.
• YT-STRCx concentrates the yield exposure, currently at up to roughly 41x leverage per dollar. Holding the YT of a points-bearing asset is the classic way to farm a program far harder than holding the underlying.

This is the capital-efficient route most xStocks guides never mention. We built a Currents path that takes you straight to the STRCx YT deposit on Ethereum, so you skip the setup. Verify the live pool, APY and leverage before you deposit, since pools rotate and expire. The full walkthrough is in the Pendle points method guide .

xStocks are RWAs, and Hotstuff trades perps, spot, options and RWAs on one margin account. Holding or using xStock exposure on Hotstuff lets you farm Hotstuff points while keeping tokenized-equity exposure, one position pointed at two programs. For those chasing the Hotstuff airdrop harder, you can also farm its volume by playing on airdropSEA Play .

• Project: xStocks (by Backed Finance, under Kraken)
• Chain: Ethereum, Solana, Ink, TON, BSC
• Type: Tokenized stocks and ETFs, 1:1 backed, with an xPoints rewards program
• Status: Live. xPoints program running; no token yet (widely seen as pre-TGE)
• Earning: Hold (base) / Lend ~5x / LP ~7x / referral 20% / permanent +20% xBoost; daily updates
• Advanced: PT/YT-STRCx on Pendle (~21% fixed APY, up to ~41x YT leverage) - verify live
• Referral: WEB3WIKIS gives a permanent 20% boost
• Related: Hotstuff, WaterX, Rialto, Arcus
• Join: xStocks xPoints

Connect a wallet that holds xStocks on the xPoints page to lock the 20% boost, then move up the tiers: hold, lend on Kamino for ~5x, or LP on Raydium for ~7x. For the efficient route, take the STRCx position into Pendle and hold the YT to concentrate the yield and points. Reuse the same exposure on Hotstuff to farm a second program. The full playbook is in the xStocks airdrop guide .

Only trade what you can afford to lose, use the official domain, and never share a seed phrase.