Ondo

Ondo
ONDO
Contract address
0xfaba...269be3
Copy ONDO contract address
$0.3784
$0.0309(+8.16%)Today
Market cap
1.84B
Total volume (24h)
267.80M
Volume / Market cap
0.1455
Circulating supply
4.87B
Day range (24h)
$0.342$0.3781
All-time low
$0.0822
All-time high
$2.14

About Ondo (ONDO)

What is Ondo (ONDO)?

Ondo (ONDO) is a decentralized cryptocurrency, launched in 2021 by Ondo Finance’s Nathan Allman and Pinku Suran. The duo launched Ondo Finance to make high-level financial tools that are typically reserved for big institutions, like banks, accessible to regular people. By using blockchain technology, ONDO connects traditional finance (TradFi), like banks and investments, with DeFi. This way, anyone can benefit from secure and innovative financial products.

How does the ONDO Token power Ondo Finance?

The ONDO token helps fuel the platform by enabling transactions and supporting Ondo's innovative financial products, like tokenized U.S. treasuries (OUSG) and dollar-yielding assets (USDY). ONDO also incentivizes users to participate in the ecosystem, whether through staking, lending, or borrowing.

What makes ONDO token compatible with Ethereum?

Compatible with the Ethereum network, ONDO, pronounced “On-doh,” is an ERC-20 token. You can use ONDO to trade and stake digital currencies, as well as participate in the Ethereum network. Ondo Finance’s ecosystem is powered by technology called smart contracts.

How do smart contracts work in Ethereum?

A smart contract is a digital agreement written in computer code that lives on Ethereum blockchain. It automatically does something when certain conditions are met. For example, if you send me 1 ONDO, the smart contract instantly sends you a digital artwork that I created. No human needs to be there to make it work; the smart contract follows the rules it was programmed with.

Why Is the Ethereum blockchain important for ONDO?

The Ethereum blockchain network that the ONDO token is compatible with is a huge, secure, ever-growing ledger of smart contract transactions, which everyone can see, and is immutable. Once a traditional smart contract is created, it can't be altered. These types of smart contracts will always follow the original rules that they were programmed with. Upgradable smart contracts allow for changes to be made, adapting to new requirements, or fixing bugs.

What are the popular use cases for ONDO?

Today, decentralized finance (DeFi) dapps are the most popular use for ONDO. ONDO token owners are typically community-driven investors and participants in DeFi protocols.

Price history

Today (May 31, 2026)$0.3784+8.16%
24 hours ago (May 30, 2026)$0.3498+8.16%
1 week ago (May 24, 2026)$0.4249-10.96%
1 month ago (May 1, 2026)$0.2624+44.21%
1 year ago (May 31, 2025)$0.8277-54.29%

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ONDO market moves

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24h change: -4.27%. From $0.4206 to $0.4026.

  • Ondo Global Markets reached over one billion dollars in total value locked in May twenty twenty six. This is the first time any tokenized stocks platform achieved the milestone and it occurred in under eight months with over sixty percent market share in the category. The platform has also seen eighteen billion dollars in cumulative trading volume. These figures reflect growing institutional participation in onchain real world assets.
  • Ondo partnered with Broadridge to enable holders of tokenized stocks and ETFs to submit proxy votes and access regulatory filings directly from crypto wallets. Broadridge settles over fifteen trillion dollars in securities daily. The integration marks a key step in aligning tokenized assets with traditional corporate governance practices. It applies to more than two hundred fifty tokenized securities.
  • Ondo completed a near real time cross border redemption of tokenized treasuries with J.P. Morgan, Mastercard and Ripple. Additional integrations include Franklin Templeton ETFs, Hyperliquid, and fee free USDY transfers on Sui. Tokenized quantum computing companies tied to a two billion dollar Trump administration award are also available on the platform. These moves extend trading hours and global accessibility for traditional assets.

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