SB

CommoditiesLive

Tokenized Sugar No. 11

Tokenized Sugar No. 11, hard-asset exposure tracked at spot.

See SB on /markets →Underlying ticker: SB

Key facts

On-chain symbol
SB
Underlying
SB
Asset class
Commodities
Custody
Held at Flo Finance
Chains
Base, Arbitrum, Ethereum
Distribution treatment
Spot price, no distributions
Attestation cadence
Daily
Issuer
Flo Finance
Backing
1:1 backed by the real underlying

How SB resolves to SB

Each SB on-chain represents a 1:1 claim on the underlying Sugar No. 11 held at an institutional custodian. The issuer and backing model are the same for every Flo token; only the underlying differs.

  1. 01

    Issuance

    Flo Finance issues SB as a tokenized Sugar No. 11, 1:1 backed by the real underlying.

  2. 02

    Custody

    The underlying Sugar No. 11 is held at Flo Finance, an institutional custodian.

  3. 03

    Settlement

    SB settles on-chain on Base, Arbitrum, Ethereum. Cross-chain transfers route through Chainlink CCIP.

  4. 04

    Attestation

    Reserves are attested daily by an independent auditor and published on the Flo transparency surface.

Mint SB with one SDK call

Every Flo-issued token shares the same six SDK methods. Mint, redeem, supply, withdraw, borrow, repay.

POST /v1/mint

{
  "asset": "SB",
  "notional_usdc": "1000.00",
  "slippage_bps": 50,
  "settlement": {
    "currency": "USDC",
    "chain": "base"
  }
}

Where SB lives today

Flo distributes through partners. The same SB on-chain is the asset every partner integrates against; partner UIs may relabel it for their own brand.

Partner integrations in build

No live partner is distributing SB yet. Twelve integrations are in build across exchanges, wallets, fintechs, neobanks, and asset managers. Partners are listed here only after they ship.

Audits

Four independent firms, $250K bug bounty

Sherlock, Halborn, Cantina, and Cyfrin have audited the smart contracts that issue and settle SB. 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

SB is issued by Flo Finance and 1:1 backed by real Sugar No. 11 held at institutional custodians. Reserves are attested daily and published on the Flo transparency surface.

Open the transparency page →

Risks

SB carries the market risk of the underlying Sugar No. 11, 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.