Ondo (ONDO)

Market Cap--

24h Volume--

Volume / Market Cap--

Circulating Supply--

Max Supply--

Fully Diluted Valuation--

24h High / Low--

All-Time High--

All-Time Low--

7d Change--

30d Change--

Ondo (ONDO)

What is Ondo?

The Ondo Foundation was founded in 2022 as an independently governed and nonprofit Cayman Islands Foundation Company with no beneficial owners. The Ondo Foundation assisted in the launch of the Ondo DAO, which deployed and currently governs Flux Finance, the first lending protocol supporting tokenized securities as collateral. ONDO token holders are entrusted with shaping the future of the Ondo DAO so that it continues to pursue its mission to democratize access to institutional-grade finance. The Ondo DAO gives ONDO holders specific rights pertaining to Flux Finance, which is currently governed by the Ondo DAO.

Key Facts & Snapshot

Symbol: ONDO
CoinGecko id: ondo-finance
Market cap rank (CoinGecko): #62
Categories: Decentralized Finance (DeFi), Ethereum Ecosystem, Real World Assets (RWA), Coinbase Ventures Portfolio, Pantera Capital Portfolio, GMCI DeFi Index, RWA Protocol, GMCI Index, World Liberty Financial Portfolio, Binance Alpha Spotlight, Made in USA, CoinList Launchpad
Circulating supply (snapshot): 4,869,330,647
Total supply (snapshot): 10,000,000,000
Max supply (snapshot): 10,000,000,000
All-time high (USD, CoinGecko): $2.14 (Dec 16, 2024)
All-time low (USD, CoinGecko): $0.0822 (Jan 18, 2024)

Market (USD snapshot)

Market cap (USD, snapshot): $1.21B
24h volume (USD, snapshot): $63.65M
Fully diluted valuation (USD, snapshot): $2.49B
24h price change (snapshot): -1.84%

Community & code (CoinGecko)

Telegram members (CoinGecko): 58,751
GitHub stars (main repo, CoinGecko): 30
GitHub forks (main repo, CoinGecko): 27

Contract addresses (by platform)

ethereum: 0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3

Official & Community Links

Learn More

Frequently Asked Questions

What is Ondo and what does it do?

Ondo is a Real World Assets (RWA) protocol in the decentralized finance space that operates on the Ethereum ecosystem. It focuses on tokenizing and bringing traditional financial assets onto the blockchain, bridging the gap between traditional finance and DeFi.

How risky is investing in Ondo token?

Ondo carries significant volatility risk, with its price ranging from an all-time low of $0.0822 in January 2024 to an all-time high of $2.14 in December 2024, representing over 2,500% fluctuation. With only 48.7% of its total 10 billion token supply currently in circulation, there is potential for substantial dilution as more tokens enter the market, which could pressure prices downward.

Who backs Ondo Finance?

Ondo is backed by notable investors including Coinbase Ventures, Pantera Capital, and World Liberty Financial. The project launched through CoinList Launchpad and has been featured in Binance Alpha Spotlight.

What is the current price and market cap of ONDO?

As of the latest data, ONDO has a market cap of $1.21 billion, ranking it #62 among all cryptocurrencies. The 24-hour trading volume is $63.65 million, with a recent 24-hour price decline of 1.84%.

How many ONDO tokens are in circulation?

There are currently 4.87 billion ONDO tokens in circulation out of a maximum supply of 10 billion tokens. This means less than half of the total token supply has been released into the market.