Ondo

Ondo
ONDO
Contract address
0xfaba...269be3
Copy ONDO contract address
$0.3094
-$0.008707(-2.81%)Today
Market cap
1.51B
Total volume (24h)
36.02M
Volume / Market cap
0.0239
Circulating supply
4.87B
Day range (24h)
$0.307$0.3203
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 (June 28, 2026)$0.3094-2.81%
24 hours ago (June 27, 2026)$0.3184-2.81%
1 week ago (June 21, 2026)$0.337-8.18%
1 month ago (May 29, 2026)$0.3605-14.18%
1 year ago (June 28, 2025)$0.7532-58.92%

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ONDO market moves

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24h change: -1.94%. From $0.3123 to $0.3063.

  • Ondo Finance appointed John Hoffman, previously head of ETFs at Invesco and a managing director at Grayscale, to lead efforts in developing comprehensive onchain investment portfolios and strategies. This hire signals a shift from tokenizing single assets toward full portfolio products that could appeal more to institutional investors. It forms part of Ondo's broader push to integrate traditional finance expertise with blockchain-based infrastructure for real-world assets. The move comes as the platform reports substantial growth in total value locked across its treasury and equity products.
  • Ondo Finance has grown its Ondo Global Markets platform by adding large batches of tokenized stocks and ETFs, recently integrating with to increase accessibility across wallets and applications. The platform now spans more than 430 tokenized equities following expansions in June 2026, including onchain versions of popular indices like the Magnificent 7. This growth demonstrates increasing real-world usage of tokenization for traditional investments and highlights trending sectors such as quantum computing. These steps reinforce Ondo's position as a key infrastructure provider in the real-world asset sector.
  • Ondo Finance completed pilots with JPMorgan, Mastercard, and Ripple demonstrating near real-time cross-border redemption of tokenized U.S. Treasuries on networks including the XRP Ledger. Additional partnerships enable shareholder voting and regulatory communications for tokenized securities. These initiatives improve institutional-grade settlement and compliance for onchain assets while expanding reach across more blockchains. Platform metrics show strong total value locked in products like OUSG, reflecting practical adoption of the infrastructure.

24h change: -6.61%. From $0.3347 to $0.3126.

  • Ondo Finance added 173 tokenized stocks and ETFs focused on sectors such as artificial intelligence, robotics, quantum computing, defense technology, critical materials, and data centers along with BlackRock active ETFs. The assets became available simultaneously on Ethereum, Solana, and BNB Chain. The platform reached more than one billion dollars in TVL in under eight months, holds over 70 percent market share in tokenized equities, and has recorded more than 18 billion dollars in cumulative trading volume. This expansion increases onchain access to institutional-grade products for non-U.S. users and reflects rapid growth in the tokenized equities sector.
  • Ondo Finance appointed John Hoffman, former Invesco ETF executive and Grayscale managing director, to lead tokenized portfolio products. The hire supports a shift toward managed onchain investment portfolios and strategies in addition to individual tokenized Treasuries and equities. The broader tokenized asset sector has surpassed 30 billion dollars with projections reaching trillions by 2030. This aligns with Ondo's ongoing institutional infrastructure buildout including partnerships and acquisitions.
  • Exodus partnered with Ondo Finance to launch Exodus Markets, enabling trading of more than 200 tokenized U.S. stocks, ETFs, and real-world assets on Solana directly in the Exodus wallet. The integration expands accessibility and builds on Ondo's multi-chain rollout of tokenized equities. Tokenized stocks have become one of the fastest-growing asset classes in 2026. These developments contribute to Ondo's leadership position and rising total value locked across its Treasury and equity products.

24h change: -0.67%. From $0.337 to $0.3348.

  • Ondo Finance expanded its platform with 173 new tokenized stocks and ETFs bringing the total above 430 assets. These cover diverse sectors and are available on multiple blockchains for onchain trading and DeFi use. The growth builds on earlier partnerships including tokenized Franklin Templeton ETFs and Broadridge for voting capabilities. It strengthens Ondo's infrastructure for bridging traditional securities with blockchain.
  • Glider and Ondo introduced a direct-indexed onchain Magnificent 7 portfolio that holds underlying stocks and provides additional yield of around 5 percent. The product offers direct ownership, automatic yield, and one-click access in a single position. It combines capabilities beyond what traditional ETFs provide. The launch adds to Ondo's series of tokenized ETF innovations.
  • DTCC will begin limited production trades of tokenized Russell 1000 stocks, major ETFs, and US Treasuries in July 2026 with full launch targeted for October. Over 50 firms including Ondo Finance, BlackRock, JPMorgan, and Goldman Sachs are participating. The pilot tests onchain infrastructure while maintaining traditional settlement systems. It represents a major step for institutional real-world asset adoption.

24h change: -3.55%. From $0.3493 to $0.3369.

  • Ondo Finance expanded its Ondo Global Markets offering by adding 173 tokenized stocks and ETFs. This brings the platform's total to more than 430 assets spanning Ethereum, Solana, and BNB Chain. The addition covers popular sectors and increases accessibility for non-US users to trade tokenized traditional assets onchain. It underscores Ondo's leadership in bridging traditional equities with decentralized finance infrastructure.
  • Ondo Finance partnered with Mirae Asset to tokenize its Global X ETF lineup. This builds on other recent collaborations including Broadridge for voting rights on tokenized stocks and Exodus for Solana-based tokenized markets. These moves expand the range of traditional investment products available onchain. They reflect broader institutional adoption of tokenization technology for efficiency and accessibility.
  • Ondo Finance hired former Invesco ETF head and Grayscale MD John Hoffman to build its onchain portfolios business. Hoffman has commented on tokenization mirroring the ETF boom and the convergence of blockchain with AI for autonomous investing. This hire supports Ondo's expansion beyond Treasuries into broader tokenized investment products. It signals continued focus on institutional-grade offerings despite earlier leadership changes.

24h change: +0.39%. From $0.3487 to $0.35.

  • Ondo Finance added 173 tokenized stocks and ETFs to its Global Markets platform around June 17-19 2026. The update brings the catalog past 430 assets spanning sectors including AI, robotics, quantum computing, defense technology, and select BlackRock ETFs. The platform provides non-US investors with onchain exposure to these assets backed 1:1 by underlying securities held in custody. It crossed $1 billion in TVL earlier in 2026 and has seen cumulative trading volume exceed $18 billion.
  • Ondo Finance appointed John Hoffman, former head of ETF and index strategies at Invesco and a Grayscale managing director, in early June 2026. His role focuses on expanding tokenized investment products beyond stocks and Treasuries. The move aligns with views that tokenization mirrors the growth of the $20 trillion ETF industry through blockchain and AI convergence. This brings traditional asset management expertise into the RWA sector.
  • Ondo partnered with Exodus to launch tokenized stock and ETF trading on Solana, offering access to over 200 assets in mid-June 2026. Additional developments include collaboration with Broadridge for onchain voting capabilities on tokenized stocks and ETFs. A forthcoming DTCC pilot in July 2026 is expected to involve tokenization of Russell 1000 stocks and Treasuries with participation from firms including Ondo-related infrastructure. These steps integrate onchain assets with established market infrastructure.

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