UNG
ETFsLiveTokenized United States Natural Gas Fund
Tokenized United States Natural Gas Fund, fund-style exposure delivered as a single on-chain asset.
Key facts
- On-chain symbol
- UNG
- Underlying
- UNG
- Asset class
- ETFs
- 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 UNG resolves to UNG
Each UNG on-chain represents a 1:1 claim on the underlying United States Natural Gas Fund 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 UNG as a tokenized United States Natural Gas Fund, 1:1 backed by the real underlying.
- 02
Custody
The underlying United States Natural Gas Fund is held at Flo Finance, an institutional custodian.
- 03
Settlement
UNG 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 UNG with one SDK call
Every Flo-issued token shares the same six SDK methods. Mint, redeem, supply, withdraw, borrow, repay.
POST /v1/mint
{
"asset": "UNG",
"notional_usdc": "1000.00",
"slippage_bps": 50,
"settlement": {
"currency": "USDC",
"chain": "base"
}
}Where UNG lives today
Flo distributes through partners. The same UNG 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 UNG 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 UNG. 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
UNG is issued by Flo Finance and 1:1 backed by real United States Natural Gas Fund held at institutional custodians. Reserves are attested daily and published on the Flo transparency surface.
Open the transparency page →Risks
UNG carries the market risk of the underlying United States Natural Gas Fund, 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.