Last updated：--
View ChartHome Depot tokenized stock (xStock) (HDX) is a blockchain-based tracker certificate issued by Backed that provides indirect exposure to the price of The Home Depot, Inc. (NYSE: HD), the world's largest home improvement specialty retailer. HDX is issued as both Solana SPL tokens and ERC-20 tokens, and each digital token is backed 1:1 by real Home Depot, Inc. shares held by a regulated third-party custodian. The product is designed to give eligible cryptocurrency market participants regulatory-compliant access to Home Depot's stock price while maintaining the benefits of blockchain technology, including 24/5 trading and fractional investment starting as low as $1 per xStock. HDX does not convey shareholder rights or ownership of the underlying stock. The token has a total supply of approximately 275.88K HDX, a fully diluted valuation of $85.62M, and is listed under the ticker HDX with the variant HDx used by the issuer. The product is part of the broader xStocks platform, which offers 1:1 backed tokenized US equities and ETFs tradeable across chains worldwide.
HDX is issued by Backed, a product provider operating under Backed Assets. Backed specializes in creating tokenized tracker certificates that are fully collateralized by traditional securities held in reserve by regulated third-party custodian institutions. The underlying asset, The Home Depot, Inc., was founded in 1978 and is the world's largest home improvement specialty retailer, operating over 2,300 stores across the United States, Canada, and Mexico. The Home Depot is listed on the NYSE under the ticker HD and uses Computershare as its designated transfer agent. The xStocks product line is distributed through platforms such as Kraken, which offers xStocks trading in eligible geographies outside the United States. Detailed public information about the specific individuals or development team behind the Backed platform is currently limited.
HDX operates as a tracker certificate that mirrors the price movements of The Home Depot, Inc. stock. When an eligible investor purchases HDX tokens, each token is backed 1:1 by an actual Home Depot share held in reserve by a regulated third-party custodian. This collateralization ensures that the token's value is directly tied to the underlying equity. The tokens are issued on the Solana blockchain as SPL tokens and can also be issued as ERC-20 tokens on compatible networks. Trading occurs 24/5 in eligible geographies worldwide, allowing investors to buy and sell HDX outside traditional stock market hours. Fractional trading is supported, meaning clients can purchase portions of a single xStock with investments starting as low as $1. HDX tokens can be withdrawn to any compatible on-chain wallet, providing flexibility and self-custody options. The custody of the underlying shares is managed by third-party depositary institutions under a custody agreement to which Kraken is not a party.
HDX offers several distinctive advantages over traditional stock ownership. First, it provides 24/5 trading accessibility, allowing global investors to gain exposure to Home Depot's stock price outside of standard NYSE trading hours. Second, it enables fractional ownership, lowering the barrier to entry for investors who may not be able to purchase a full share of Home Depot stock. Third, HDX can be purchased using cryptocurrency, stablecoins, or USD, bridging traditional finance and the digital asset ecosystem. Fourth, the token is fully collateralized by real shares held in reserve by a regulated third-party custodian, providing a transparent backing mechanism. Fifth, xStocks are described as typically more flexible, transparent, and accessible than traditional shares. However, it is important to note that holding HDX does not grant ownership rights over the underlying Home Depot stock, nor does it entitle holders to receive shareholder information or dividends directly from the company.
HDX is primarily used to gain indirect exposure to the price movements of The Home Depot, Inc. stock without requiring a traditional brokerage account or direct ownership of NYSE-listed shares. Eligible cryptocurrency market participants can use HDX to diversify their portfolios with a tokenized equity product that maintains the benefits of blockchain technology. The token can be traded 24/5, used for fractional investment strategies, and withdrawn to compatible on-chain wallets for self-custody. HDX also serves as a tool for accessing US equity exposure using cryptocurrency or stablecoins as the funding method. As part of the xStocks ecosystem, HDX represents a growing category of tokenized real-world assets that aim to make traditional financial instruments more accessible to global investors. The product is not available in the United States, and geo restrictions apply in other jurisdictions.
The xStocks ecosystem, which includes HDX, is developing as part of a broader trend toward tokenizing traditional financial assets. HDX is listed on platforms such as Kraken, which offers xStocks trading in eligible geographies, and is tracked on data aggregators including CoinMarketCap, CryptoSlate, CoinGecko, and Yahoo Finance. The product is positioned alongside other tokenized equities and real-world assets such as tokenized versions of Nvidia, Apple, Alphabet, Microsoft, Amazon, Tesla, and gold. The ecosystem supports cross-chain issuance on Solana and as ERC-20 tokens, and emphasizes regulatory-compliant access for non-US investors. Trading activity for HDX remains relatively thin, with a CryptoSlate reliability score of 53 out of 100, indicating a "Supported" but not highly active market. The broader xStocks platform continues to expand its product offerings and geographic reach, subject to regulatory restrictions.
HDX is not a mineable cryptocurrency. It is a tokenized tracker certificate backed 1:1 by real Home Depot, Inc. shares held by a third-party custodian. There is no mining process, proof-of-work consensus, or staking mechanism associated with HDX. Instead, the token is issued by Backed as a representation of the underlying equity, and its supply is managed through the issuance and redemption process tied to the collateral held in reserve. Investors acquire HDX by purchasing it on supported platforms or through eligible crypto exchanges and platforms that list xStocks. The token's value is derived from the market price of The Home Depot, Inc. stock, not from any mining or staking activity. Holding HDX does not generate staking rewards or yield.
To keep HDX tokens safe, investors should store them in a compatible on-chain wallet that supports Solana SPL tokens or ERC-20 tokens, depending on the network on which the tokens are held. Hardware wallets are recommended for long-term storage as they provide enhanced security by keeping private keys offline. Investors should ensure they control their own private keys and never share them with anyone. When trading or withdrawing HDX, users should verify the recipient address carefully and use official platforms and interfaces. Since HDX tokens can be withdrawn to any compatible on-chain wallet, self-custody is possible, but it requires responsible key management. Additionally, investors should be aware of the geographic restrictions and eligibility requirements associated with xStocks, as these products are not available in the United States and are subject to geo restrictions in other jurisdictions. The underlying shares are held by third-party depositary institutions under a custody agreement, which adds an additional layer of institutional custody for the collateral backing the tokens.
Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)
Choose Home Depot tokenized stock (xStock) products that suit your trading style
Thank you for your interest in BTCC. Currently, spot and futures trading services for HDX are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Home Depot tokenized stock (xStock) (HDX) is $295.41. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated HDX to USD rate at the top of BTCC’s price page. In terms of market scope, Home Depot tokenized stock (xStock) records a 24h trading volume of $23.12K (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $81.14K. Its current circulating supply stands at 273.58 out of a maximum supply cap of ∞.
The price volatility of Home Depot tokenized stock (xStock) (HDX) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (273.58) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Home Depot tokenized stock (xStock) (HDX) hit an all-time high (ATH) of $520.75 on 2026-01-26 21:40, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $294.13 on 2026-09-29 17:15. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading HDX futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($23.12K), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s HDXUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Home Depot tokenized stock (xStock), simply log into your BTCC account with USDT margin available, navigate to the HDXUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for HDXUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $295.41), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for HDXUSDT with zero financial risk.
Trading Home Depot tokenized stock (xStock) (HDX) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for HDXUSDT, and review its live price ($295.41) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
Bitcoin
Ethereum
Tether USDt
BNB
XRP
Solana
Dogecoin
Cardano
Avalanche
