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iShares Silver Trust (Ondo Tokenized) (SLVon) stablecoin analytics

SLVon is Ondo's tokenized iShares Silver Trust exposure, a NAV-style ETF tracker for non-U.S. investors rather than a $1 stablecoin.

Static Profile

Static stablecoin profile

iShares Silver Trust (Ondo Tokenized) (SLVon) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.

AI summary / Updated May 24, 2026

SLVon is Ondo Global Markets' tokenized exposure to the iShares Silver Trust, tracked as a {{term:rwa}}RWA{{/term}} NAV asset rather than a $1 stablecoin. The token gives eligible non-U.S. investors economic exposure to SLV on Ethereum, BSC, Solana, and HyperEVM, with Ondo...

AI summary · drafted by codex-stablecoin-review · reviewed by Codex data review on May 24, 2026 · facts as of May 24, 2026

Collateral
Ondo Global Markets tokenized ETF exposure referencing iShares Silver Trust (SLV), designed to provide economic exposure to the underlying publicly traded ETF through Ondo GM rather than direct ownership of ETF shares
Peg Mechanism
NAV-style tokenized ETF tracker rather than a $1 peg; subscriptions, redemptions, and market pricing follow the underlying SLV economic exposure through Ondo Global Markets and eligible investor flows
Jurisdiction
British Virgin Islands
Proof Of Reserves
Independent Audit by Ondo Global Markets collateral attestations Reserve source
Contracts
4 deployments tracked across Ethereum, BSC, Solana, and HyperEVM.

Snippet Answer

Is SLVon safe?

Pharos does not mark SLVon as absolutely safe. Static metadata says iShares Silver Trust (Ondo Tokenized) uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from Ondo Global Markets collateral attestations; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.

Next Actions

Exact bot target: /subscribe dews,depeg,safety slvon-ondo

Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated May 24, 2026.