iShares Silver Trust
Silver exposure for industrial and monetary demand.
52-week range
$29.10 – $109.83
₹2,743 – ₹10,351
Today's range
$71.32 – $74.33
Open $73.28 · Prev $70.13
200-day avg
$56.87
50-day $70.25
If you had bought
₹100 in SLV, 5 years ago.
In rupee terms — combining the underlying's US-dollar return with the rupee's depreciation against the dollar over the period. Past performance is not a guarantee of future results.
SLVo returns are illustrative, derived from public end-of-day SLV closes and approximate historical ₹/$ rates.
Buy in rupees
Buy SLVo from ₹500.
Fractional from $1. Fund your Lume wallet with UPI through Onramp, then own a tokenized share at the live US market price — all in under three minutes.
About SLV
iShares Silver Trust
The Trust seeks to reflect such performance before payment of the Trust's expenses and liabilities. It is not actively managed. The Trust does not engage in any activities designed to obtain a profit from, or to ameliorate losses caused by, changes in the price of silver.
Underlying
- Symbol
- SLV
- Tokenized as
- SLVo
- Issuer
- Ondo Finance
- Category
- Commodity
- Sector
- Commodity
- Exchange
- NYSEArca
SLVo FAQ
Honest answers about SLVo.
What exactly is SLVo?+
SLVo is an on-chain token that tracks the price of iShares Silver Trust (SLV). Each token is collateralized 1:1 by the underlying commodity, issued by Ondo Finance under its Global Markets program.
Is owning SLVo the same as owning SLV?+
Economically, the token tracks the underlying price. Legally, you own a tokenized representation — not the underlying security itself. You do not have shareholder rights, voting rights, or rights against the issuing company. Dividends, where applicable, are passed through under the issuer's mechanism.
How is SLVo priced?+
The on-chain price tracks the underlying market price via market makers and oracles. During US market hours the spread is typically tight; outside US hours and on weekends, the on-chain price is set by on-chain liquidity and may diverge from the last close.
Why use Lume to hold SLVo instead of buying SLV through an Indian broker?+
The Lume route is faster end-to-end — sign in with email, fund with UPI, own. No Demat, no LRS quota, no T+2 wait. The tradeoff: you take on self-custody responsibility, and you handle your own Indian capital-gains filing (Onramp deducts the 1% TDS at source).
What about Indian taxes on SLVo?+
Tokenized assets fall under India's Virtual Digital Asset (VDA) framework. Gains are taxed at 30% with 1% TDS above prescribed thresholds. Treatment is evolving — consult a qualified Indian chartered accountant for your specific situation.
What if Lume disappears?+
Your tokens live in your own wallet — not in Lume's custody. Even if Lume's interface went offline tomorrow, your SLVo would remain in your wallet and could be redeemed or traded through any other interface that supports the underlying token.
Hold SLVo.
In three minutes.
No Demat. No LRS quota. No T+2. Sign in, fund with UPI, own SLVo in your own wallet.