McDonald's (MCD): tokenized versions compared
As of 2026-10-12 04:39 UTC, the cheapest way to get MCD price exposure on-chain for a $1,000 order is MCDx at $238.21 per share all-in (+1.27% vs MCD at $235.23). 3 versions tracked.
| Version | Issuer | Chain | Price ($1,000 order) | Premium vs stock | Net edge $1k / $10k | Liquidity | Voting |
|---|---|---|---|---|---|---|---|
| MCDxbest value now | xStocks | Solana | $236.50 | +0.54% | −1.27% / −1.52% | A | No voting rights |
| MCDon | Ondo GM | Solana | $236.44 | +2.14% | −88.19% / −100.66% | D | No voting rights |
| MCDx-XL | xStocks | X Layer | $236.64 | +0.60% | −1.29% / −1.87% | B | No voting rights |
Price is the executable quote for a $1,000 order (mid price if there is no quote); premium is accrual-adjusted; net edge = advantage vs the stock after the 0.5% platform fee and price impact at that size — negative means pricier than the stock.
Holder rights by issuer
| Issuer | Dividends | Voting | Mint / redeem |
|---|---|---|---|
| xStocks · Backed Finance AG (Switzerland) | Dividends are credited by increasing holder balances (rebase-style); token price keeps tracking the share. | No voting rights | Eligible professional investors mint/redeem after KYC with Backed; others trade on DEX secondary markets. |
| Ondo Global Markets | Dividends reinvested into the token (value-accruing); official Shares Multiplier is published. | No voting rights | Eligible users mint/redeem via the Ondo platform. |
Issuers' official terms prevail; issuers compared →
The US market is closed now: the reference is the last close, so spreads reflect expectations while closed and can gap at the open. Why closed-hours spreads are not free money →
Data as of 2026-10-12 04:39 UTC. Token prices are on-chain DEX quotes collected by Chaconne; US stock reference prices come from Finnhub. How we calculate → · All comparisons →