Earn on tokenized QQQ
Invesco QQQ Trust · ETF
As of 23 Oct 2026: up to 2.42% on Kraken (QQQx, —pp interest + —pp incentives); the median of 3 venues is 0.18%.
- Best deposit rate
- 2.42%
- Best LP fee APY
- 8.02%
- Max LTV
- 75%
- Real interest
- 100.0%
Kraken
Uniswap · $1.04M TVL
from 0.87%
share of deposit yield
Deposit QQQ
Filters
| Stock | Platform | Chain | APY | TVL | Open market |
|---|---|---|---|---|---|
| QQQQQQx · xStocks | Kraken· InkCeFiNotice period 3d | Ink | 2.42%Split not disclosed. | Open Kraken (opens in a new tab) | |
| QQQQQQx · xStocks | Kamino Lend· Solana | Solana | 0.18%0.18pp interest + 0pp incentives. | Deposit (opens in a new tab) | |
| QQQQQQx · xStocks | Kamino Lend· Solana | Solana | 0%0pp interest + 0pp incentives. | Deposit (opens in a new tab) | |
| QQQQQQx · xStocks | Jupiter Lend· SolanaCollateral only | Solana | 0%+ xPoints0pp interest + 0pp incentives. | Borrow (opens in a new tab) | |
| QQQQQQx · xStocks | Jupiter Lend· SolanaCollateral only | Solana | 0%+ xPoints0pp interest + 0pp incentives. | Borrow (opens in a new tab) |
5 of 5 · bar = interest ■ vs incentives ■
Provide liquidityFee APY is paid by traders, before impermanent loss; concentrated pools only earn while in range. 2 speculative pairs are hidden here.
| Stock | Pool | Chain | Fee APY | TVL | 24h volume | Open pool |
|---|---|---|---|---|---|---|
QQQ / WETH0.3% Uniswapv3· Concentrated· Robinhood Chain | Robinhood Chain | 44.05% | TVL $301k | Vol $121k0.4× TVL | Deposit (opens in a new tab) | |
WSOL / QQQx0.25% RaydiumCLMM· Concentrated· Solana | Solana | 19.29% | TVL $139k | Vol $35k0.3× TVL | Deposit (opens in a new tab) | |
QQQ / SPY0.02% Uniswapv4· Concentrated· Robinhood Chain | Robinhood Chain | 11.37% | TVL $1.08M | Vol $1.68M1.6× TVL | Deposit (opens in a new tab) | |
QQQ / SPY0.05% Uniswapv4· Concentrated· Robinhood Chain | Robinhood Chain | 11.01% | TVL $127k | Vol $77k0.6× TVL | Deposit (opens in a new tab) | |
QQQ / USDG0.05% Uniswapv3· Concentrated· Robinhood Chain | Robinhood Chain | 8.02% | TVL $1.04M | Vol $457k0.4× TVL | Deposit (opens in a new tab) | |
QQQx / USDC0.1% RaydiumCLMM· Concentrated· Solana | Solana | 6.33% | TVL $2.17M | Vol $449k0.2× TVL | Deposit (opens in a new tab) | |
QQQx / SPYx0.25% RaydiumCLMM· Concentrated· Solana | Solana | 5.77% | TVL $25k | Vol $2k0.1× TVL | Deposit (opens in a new tab) | |
QQQx / USDC0.25% RaydiumCLMM· Concentrated· Solana | Solana | 4.65% | TVL $35k | Vol $2k0.1× TVL | Deposit (opens in a new tab) |
SPYBorrow against itMax LTV is the liquidation line, not a target: borrowing near it invites liquidation on an ordinary day's move.
| Stock | Platform | Chain | Max LTV | Borrow | Open market |
|---|---|---|---|---|---|
| QQQQQQx · xStocks | Jupiter Lend· Solana | Solana | 75% | JupUSD at 6.70% | Borrow (opens in a new tab) |
| QQQQQQx · xStocks | Jupiter Lend· Solana | Solana | 75% | USDC at 7.92% | Borrow (opens in a new tab) |
| QQQQQQx · xStocks | Kamino Lend· Solana | Solana | 70% | PYUSD at 0.87% | Borrow (opens in a new tab) |
| QQQQQQx · xStocks | Kamino Lend· Solana | Solana | 70% | USDC at 8.86% | Borrow (opens in a new tab) |
Which QQQ token?The same share exists as several tokens. They are not interchangeable: each issuer has its own chain, redemption rules and venues.
xStocks
QQQx · Ink, Solana
Before you deposit
Questions about tokenized QQQ
Can you earn yield on tokenized QQQ?
Yes, but very little of it is interest. The highest rate we track is 2.42% on Kraken for QQQx on Ink, and — of those 2.42 percentage points are token incentives rather than interest paid by borrowers.
Which tokenized QQQ tokens exist?
We track 1 tokenized QQQ tokens: QQQx from xStocks on Ink; QQQx from xStocks on Solana. They are not interchangeable — each issuer has its own redemption rules and its own venues.
Can you borrow against tokenized QQQ?
Yes. 4 of the venues we track accept a tokenized QQQ as collateral. The highest loan-to-value is 75% on Jupiter Lend, and the cheapest loan costs 0.87% a year borrowing PYUSD on Kamino Lend. Borrowing against a tokenized share adds a liquidation price that holding the share itself does not have, and the oracle keeps quoting a price while the stock exchange is shut.
Why do some QQQ venues show 0%?
2 of the venues we track accept tokenized QQQ as collateral but never lend it out, so the deposit earns nothing by design. The 0% is a correct measurement, not a missing one. Those positions only unlock borrowing power, and borrowing against them carries liquidation risk.
Platform-specific notes
- Kraken: Custodial. Withdrawals take about three days, so you cannot exit quickly if the underlying moves against you.
- Kamino Lend: Isolated lending market. Supply APY depends entirely on borrow demand, which is thin. Oracle prices stocks outside US market hours.
- Jupiter Lend: Supply APY depends on borrow demand against a single stablecoin. Oracle prices stocks outside US market hours.