TSLAX tokenized Tesla stock innovative trading tool

TSLAX Product Introduction

TSLAX is a financial product that maps Tesla’s stock price to an on-chain Token, belonging to the Gate xStocks series. This Token supports both Solana SPL and Ethereum ERC-20 standards, allowing users to buy and sell on the blockchain around the clock, with USDT as the settlement currency.

Advantages on the exchange

In July 2025, the TSLAX perpetual contract will be launched on the Gate platform, alongside popular tokens such as GOOGLX, AMZNX, and MSTRX. Users can utilize 1 to 10 times leverage for long or short positions, allowing them to open and close positions at any time, greatly enhancing trading flexibility.

Market Dynamics and Price Trends

With Tesla promoting upgrades to its autonomous driving chips and a global electric truck mass production plan, the market remains optimistic about its prospects. Despite short-term impacts from policy and tech stock corrections, TSLAX performed strongly in its first week, with significant increases in both long and short positions. Coupled with trading promotions and traffic support from the Gate platform, TSLAX is expected to continue attracting investor attention.

How to participate in TSLAX trading

Investors only need to complete registration on Gate and recharge USDT, enter the xStock area, select TSLAX, set the leverage multiple and trading direction, and place an order to start operating. The process is simple and clear, making it easy for beginners to get started.

Summary

TSLAX introduces the concept of tokenization of stocks, bringing traditional stock investment into the decentralized financial ecosystem. It offers the opportunity to participate in Tesla’s price fluctuations without the need to open a securities account, combining compliance and flexibility, making it an important tool for crypto investors.