ProShares Short QQQ (Ondo Tokenized) (PSQON): issuer, networks, and where it trades

PSQON (ProShares Short QQQ (Ondo Tokenized)) is a tokenized fund issued by Ondo Global Markets (BVI) Limited, a bankruptcy-remote special purpose vehicle under Swiss law. This instrument provides synthetic exposure to the underlying asset, PSQ, through a structured note, which grants holders redemption rights and a first-priority security interest in the collateral rather than direct ownership of the shares. As a result, holders of PSQON do not possess traditional shareholder rights, such as voting or direct claims to dividends, and are subject to jurisdictional restrictions, as it is distributed under Regulation S outside the US and is not available for US persons, involving KYC and wallet screening. The specific blockchain network(s) on which PSQON exists is not disclosed. It remains unclear how dividends and stock splits of the underlying asset are handled.

PSQON data covers 1 venues. The available products determine which staking rates, withdrawal fees and funding rates appear. Sources include exchange APIs, protocols and aggregators. Scheduled collection: exchange staking every 10 minutes, funding every 10 minutes, fees and network availability every 30 minutes. On-chain yields follow their source schedule.