Swap SP500 xStock (SPYx) to USD Coin (USDC)
Selling SPYx for USDC fixes the dollar value of what you hold: once the swap settles, the next move in SPYx no longer changes it. Outside stock-market hours nothing ties SPYx to what it tracks, so a sale into USDC made then is priced by the on-chain market alone.
Buying instead? Swap USDC to SPYx
How to swap SPYx to USDC
- 1
Connect a wallet holding SPYx
Connect Phantom, Solflare or Backpack in the swap panel; the wallet also needs a little SOL for the network fee, even though you are paying in SPYx.
- 2
Check the SPYx you are selling
The panel sells the SPYx at mint XsoC…DF2W for USDC; if the SPYx in your wallet shows a different address, it is not the token this page trades.
- 3
Size the SPYx side
Enter the SPYx amount and read the quote: it shows how much USDC you receive and the price impact of the route before anything is committed.
- 4
Sign, and receive USDC
Approve the SPYx swap and the USDC lands in the same wallet in about a second, with no deposit address and nothing to withdraw.
How deep the SPYx/USDC market is
The figure above is the mid-market rate. What you receive depends on the size of your order: a swap large relative to the pool moves the price as it executes, which is the price impact shown in the quote. Jupiter reduces this by splitting an order across several venues, but it never disappears.
Beyond price impact, a SPYx-to-USDC swap costs the Solana network fee and the Privacc fee, both already inside the quote. Full fee breakdown
What moves the SPYx/USDC rate
Against USDC, this rate is simply the dollar price of SPYx, so whatever moves SPYx moves it one for one.
Which network is your USDC on?
USDC exists on several networks: Ethereum (ERC-20), Tron (TRC-20), BNB Chain (BEP-20), Arbitrum, Base and Solana. They are separate tokens that share a name, and a Solana wallet can only hold the Solana one. This page is the Solana pair.
If your USDC is on Ethereum, BNB Chain, Arbitrum, Base or Polygon, you do not need an exchange to bring it over: choose that network above the swap panel, set Solana as the destination, and LI.FI bridges and swaps it in one route. Tron is the exception. TRC-20 USDC is not supported here and has to come through an exchange.
Other ways to get USDC
SPYx to USDC questions
How much USDC do I get for 1 SPYx?
The swap panel quotes the live rate as soon as you enter an amount of SPYx. The USDC you receive reflects the price impact of your order size and the fee, both shown before you sign.
Why sell SPYx for USDC rather than SOL?
USDC holds its dollar value and SOL does not, so selling SPYx for it fixes what the position is worth today. Selling for SOL would keep you exposed to the Solana market.
Do I need SOL to swap SPYx to USDC?
Yes, a small amount for the network fee, even though neither SPYx nor USDC is SOL.