FAQ

What tokenized stocks and ETFs are available on SynFutures?

SynFutures currently supports 58 major US-listed tokenized stocks and ETFs, including TSLA, AAPL, MSTR, AMZN, COIN, HOOD, and more. Each asset is backed 1:1 by the underlying shares held through regulated custody infrastructure, with more tokenized assets to be added over time.

Do I need to interact with Anchored directly?

No. You trade entirely through the SynFutures interface. The market maker network handles all interaction with Anchored in the background.

Are my tokenized stocks really backed 1:1?

Yes. Every tokenized stock issued by Anchored is backed by the actual underlying stock, held in a segregated brokerage account and verified by Accountable, an independent auditor, every 24 hours. Users can check the proof-of-reserves data for independent verification.

What happens to my order if the market is closed?

Market Orders can only be placed and executed during regular US market hours. They are not available during market closures, including weekends and US market holidays.

Limit Orders can be placed at any time, but they will only be executed during regular market hours or supported extended trading hours, when pricing and liquidity are available.

Can I transfer my tokenized stocks to another wallet?

Yes. Tokenized stocks are standard ERC-20 tokens and can be freely transferred to any compatible wallet on Ethereum.

How are dividends paid?

When dividends are supported for a tokenized stock, eligible cash dividends may be distributed as USDC directly to holders’ wallets. This happens automatically, with no claim or action required, while availability and timing depend on the specific tokenized asset.

Are there any fees?

These are the fees associated with RWA trading:

Deposit fee: 0 bps Withdrawal fee: 21 bps Buy Order Fee: 11 bps Sell Order Fee: 1 bps

Do I need to complete KYC?

No. RWA Trading on SynFutures does not require KYC.

Where can I learn more about how tokenized stocks work?

Users can find additional details about each tokenized stock at the bottom of its trading page on SynFutures. Further information is also available through our partner’s page: anchored.finance.

Does SynFutures custody my assets?

Your tokenized stocks are ERC-20 tokens held in your non-custodial wallet, giving you direct control over your assets.

What is mUSD?

mUSD is a 1:1 USD-backed accounting unit that reflects users’ available purchasing power for RWA Trading on SynFutures. It is required to buy and sell tokenized stocks within the RWA trading experience. mUSD represents credit available exclusively for RWA Trading and is not a cryptocurrency, stablecoin, or transferable virtual asset.

Have RWAs on SynFures been audited?

Yes. Anchored, SynFutures’ partner for RWA Trading, has completed a smart contract audit with Sherlock. The audit report is now available and can be reviewed here.

What are the trading hours for RWAs on SynFutures?

RWA Trading follows a 24/5 schedule from Sunday evening to Friday evening, based on Eastern Time (ET):

Overnight Session: 8:00 PM – 4:00 AM ET Pre-Market Session: 4:00 AM – 9:30 AM ET Regular Market Session: 9:30 AM – 4:00 PM ET After-Hours Session: 4:00 PM – 8:00 PM ET

The overnight session follows the NYSE holiday calendar. If US markets are fully closed for a holiday, the overnight session immediately before that holiday will not run. For example, the overnight session is closed on the Wednesday evening before US Thanksgiving and resumes on Thursday evening at 8:00 PM ET.

On US market half-days, the overnight session still runs as usual from 8:00 PM to 4:00 AM ET, even if regular or after-hours trading closes early. For example, on the Friday after US Thanksgiving, the overnight session runs as usual, but the after-hours session does not.

Can I redeem my tokenized stock for the underlying asset?

Tokenized stocks can only be redeemed for USDC.

How is the price of the tokenized stock determined?

SynFutures RWA Trading is supported by institutional-grade liquidity and execution through Anchored’s partner and market maker network. Pricing and liquidity are sourced by Anchored’s partners, who work with brokerage firms to support reliable execution for tokenized stock trades.

Does RWA trading use a liquidity pool?

No. SynFutures RWA Trading uses a dedicated market maker network for liquidity and execution. Market makers source pricing and liquidity from NASDAQ and traditional financial markets.

Are there any restricted regions for RWA trading?

RWA Trading is unavailable in certain restricted jurisdictions, including the United States, China, and the Philippines.

How to add the tokenized stock to my wallet?

1. Find the tokenized stock on SynFutures and click the Add to Wallet icon beside it.

2. If supported, the token may be imported automatically into your wallet.

3. If auto-import does not work, hover over the icon to copy the token’s onchain address.

4. Paste the address into your wallet’s Add Custom Token flow and follow your wallet’s instructions.