# Shift

> Track Shift with daily standardized on-chain data. Compare Shift with other real-world asset (RWA) issuers. See charts and datasets in one place. Updated daily.

Source: [Shift on Token Terminal](https://tokenterminal.com/explorer/projects/shift). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Sectors: Real-world asset (RWA) issuers
- Chains: solana

## About

### What it is

Shift tokenizes US-listed leveraged and inverse ETFs — Direxion Daily Semiconductor, Tesla, and S&P 500 bull/bear funds — as Solana SPL tokens, giving on-chain users price exposure to these regulated fund products. BNB Chain support is coming soon.

### Who uses it

Shift (SHIFT DAO LLC) is a Marshall Islands-based platform that issues tokenized versions of leveraged and inverse Direxion ETFs on-chain.

### How it works

Each SHIFT Series token is minted on deposit and burned on redemption through 24/5 mint-and-burn rails, backed 1:1 by the underlying ETF units custodied at Alpaca Markets.

## Links

- [website](https://www.shiftrwa.xyz/)
- [twitter](https://twitter.com/ShiftRWA)