LLY
EquitiesLiveTokenized Eli Lilly and Co.
Tokenized Eli Lilly and Co., on-chain exposure to the underlying equity.
Key facts
- On-chain symbol
- LLY
- Underlying
- LLY
- Asset class
- Equities
- Custody
- Held at Flo Finance
- Chains
- Base, Arbitrum, Ethereum
- Distribution treatment
- Total return, accrued to NAV
- Attestation cadence
- Daily
- Issuer
- Flo Finance
- Backing
- 1:1 backed by the real underlying
How LLY resolves to LLY
Each LLY on-chain represents a 1:1 claim on the underlying Eli Lilly and Co. held at an institutional custodian. The issuer and backing model are the same for every Flo token; only the underlying differs.
- 01
Issuance
Flo Finance issues LLY as a tokenized Eli Lilly and Co., 1:1 backed by the real underlying.
- 02
Custody
The underlying Eli Lilly and Co. is held at Flo Finance, an institutional custodian.
- 03
Settlement
LLY settles on-chain on Base, Arbitrum, Ethereum. Cross-chain transfers route through Chainlink CCIP.
- 04
Attestation
Reserves are attested daily by an independent auditor and published on the Flo transparency surface.
Mint LLY with one SDK call
Every Flo-issued token shares the same six SDK methods. Mint, redeem, supply, withdraw, borrow, repay.
POST /v1/mint
{
"asset": "LLY",
"notional_usdc": "1000.00",
"slippage_bps": 50,
"settlement": {
"currency": "USDC",
"chain": "base"
}
}Where LLY lives today
Flo distributes through partners. The same LLY on-chain is the asset every partner integrates against; partner UIs may relabel it for their own brand.
Available on LLY
1 partnerSee the asset live, in a real partner app, settled on-chain through the Flo SDK.
Audits
Four independent firms, $250K bug bounty
Sherlock, Halborn, Cantina, and Cyfrin have audited the smart contracts that issue and settle LLY. The same contracts power every Flo-issued token; one audit covers the catalogue.
Read the audit reports →Backing
1:1 backed by the real underlying
LLY is issued by Flo Finance and 1:1 backed by real Eli Lilly and Co. held at institutional custodians. Reserves are attested daily and published on the Flo transparency surface.
Open the transparency page →Risks
LLY carries the market risk of the underlying Eli Lilly and Co., plus the structural risks common to every tokenized asset: custody concentration, smart-contract risk, and oracle dependency. Read the full risk disclosures on the Flo transparency surface before integrating or holding.