Ondo Price
(ONDO)
USD($)
Ondo (ONDO) Live Price Chart
Overview
About
Analysis
FAQ
Ondo Live Price Data
The live price of Ondo is $1.83, with a total trading volume of $ 17.01M in the last 24 hours. The price of Ondo changed by +13.46% in the past day, and its USD value has decreased by -4.5% over the last week. With a circulating supply of 1.39B ONDO, the market cap of Ondo is currently 2.55B USD, marking a --% increase today. Ondo currently ranks #41 in market cap.
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Note: This data is for reference only.
Ondo(ONDO) Profile
Rank41
--Expand 
Website
Documentation
Explorer
Contract
- Ethereum 0xfAbA6f...BE3
Audited By
- https://docs.ondo.finance/architecture/audits
Code & Community
Investors
- Pantera Capital
- Coinbase Ventures
- Digital Currency Group
- CoinFund
- Double Peak
$1.48
$1.93
- ATH
- $2.14
- Price Change (1h)
- -2.46%
- Price Change (24h)
- +13.46%
- Price Change (7d)
- -4.50%
- Market Cap
- $2.55B
- 24h Volume
- $17.01M
- Circulating Supply
- 1.39B
- Max Supply
- 10B
About ONDO
How can I buy Ondo (ONDO)?
Buying ONDO on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Ondo (ONDO) for more information. What Is Ondo (ONDO) Crypto?
Ondo (ONDO) is a cryptocurrency developed by Ondo Finance. This platform focuses on tokenizing real-world assets (RWAs) and bringing them onto the blockchain. The aim is to improve liquidity, accessibility, and efficiency in financial markets.
Ondo Finance offers several products, including the OUSG Fund and USDY. The OUSG Fund is a tokenized version of BlackRock’s iShares Short Treasury Bond ETF, providing liquid exposure to short-term US Treasuries. USDY is an interest-bearing stablecoin backed by short-term US Treasuries and bank deposits, designed to offer yield to its holders.
Ondo’s primary goal is to democratize access to financial products, reducing costs and barriers for users. The platform integrates with Ethereum and emphasizes compliance and security for its users.
How Does Ondo Finance Work?
Ondo Finance tokenizes real-world assets (RWAs) and brings them onto the blockchain. Ondo takes traditional financial assets like U.S. Treasuries and converts them into digital tokens. This allows these assets to be traded 24/7 on the blockchain, enhancing liquidity and accessibility.
Ondo Finance’s Key Products
- OUSG Fund: This product tokenizes BlackRock's iShares Short Treasury Bond ETF. Investors can buy and sell these tokens at any time, offering immediate exposure to U.S. Treasuries.
- USDY: An interest-bearing stablecoin backed by short-term U.S. Treasuries. It provides a stable income by yielding interest, making it a secure alternative to traditional stablecoins.
- Flux Finance: A decentralized lending protocol supporting high-quality tokenized securities.
Ondo ensures high security and compliance. It undergoes regular audits by firms like CertiK and Quantstamp. It also has strict KYC processes to ensure regulatory compliance.
The ONDO token serves as a governance token for the Ondo DAO, allowing holders to vote on protocol changes and other important decisions. This ensures that the community has a say in the platform’s development.
History of Ondo Finance and ONDO Coin
Nathan Allman and Pinku Surana founded Ondo Finance in 2021. Both have extensive experience in traditional finance and digital assets, having previously worked at Goldman Sachs. In April 2022, Ondo raised $20 million in a Series A funding round led by Founders Fund and Pantera Capital. Other investors included Coinbase Ventures and Tiger Global.
Ondo Finance Roadmap
- Expansion of Product Offerings: Ondo aims to expand its product lineup by developing more tokenized financial products and enhancing the functionality of existing ones.
- Geographical Expansion: Ondo is focusing on expanding into the Asia-Pacific region to tap into the growing interest in digital assets there.
- Technology Development: Ondo is continuously improving its tokenization technology and developing cross-chain bridges to facilitate the transfer of RWAs across different blockchains.
- Regulatory Compliance: Ondo emphasizes regulatory compliance and undergoes regular security audits to ensure the safety and legality of its products.
How to Use ONDO Token
The ONDO token is primarily used for governance within the Ondo DAO and Flux Finance. As a governance token, you can use ONDO to vote on proposals that shape the platform’s development, such as protocol changes, asset management, and token distribution. This allows you to have a direct say in the future direction of Ondo Finance.
Additionally, ONDO facilitates cross-chain operations and supports the ecosystem's overall growth. The token’s distribution is structured to promote long-term development and community involvement.
Trade ONDO token on the KuCoin Spot Market against other crypto assets to make the most of changing market conditions and volatility. Buy or sell $ONDO or hold the token long-term if you believe in the future potential of Ondo Finance and RWA tokenization. Remember to undertake any trading decisions in the crypto market only after you DYOR.
What Is Ondo Tokenomics?
The ONDO token has a total supply of 10 billion tokens. The $ONDO token distribution is structured as follows:
- 5.21 billion tokens (52.1%) are allocated for ecosystem growth.
- 3.3 billion tokens (33%) are allocated for protocol development.
- 1.29 billion tokens (12.9%) are allocated for private sales.
- 198 million tokens (2%) are allocated for the community access sale.
Most tokens are subject to various vesting periods to ensure long-term commitment and stability. For example, tokens allocated for ecosystem growth will unlock 24% at the public launch date and then be released monthly over five years. Private sale tokens and protocol development tokens have similar structured release schedules.
Ondo (ONDO) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $0.22456 | 13.94% |
| 7 Days | $-0.08593 | -4.47% |
| 30 Days | $0.8405 | 84.50% |
| 3 Months | $1.05 | 134.62% |
24H Investment Barometer
24H
- Buy
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
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Ondo Conversion Rate
FAQ
How much is 1 Ondo (ONDO) worth?
KuCoin provides real-time USD price updates for Ondo (ONDO). Ondo price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time ONDO to USD exchange rates. Is Ondo (ONDO) a Good Investment?
The following advantages make Ondo Finance a compelling option for those looking to invest in tokenized real-world assets while enjoying the benefits of blockchain technology:
- High-Quality Assets: Ondo Finance tokenizes high-quality real-world assets like U.S. Treasuries, providing stable and reliable investment opportunities. This gives you access to assets that are traditionally considered low risk.
- 24/7 Liquidity: You can trade Ondo's tokenized assets anytime, unlike traditional financial markets that have limited trading hours. This ensures greater flexibility and faster access to your funds.
- Stable Returns: Ondo Finance offers stable returns through products like the USDY token, which is backed by short-term U.S. Treasuries and bank deposits, providing a consistent yield to investors.
- Regulatory Compliance: Ondo Finance emphasizes regulatory compliance and security, regularly undergoing audits from reputable firms. This reduces risks associated with investing in DeFi platforms.
- Governance Participation: Holding ONDO tokens allows you to participate in governance decisions within the Ondo DAO, giving you a say in the platform's future development and strategic direction.
- Diverse Investment Options: Ondo Finance provides various investment products, including short-term U.S. government bonds, investment-grade bonds, and high-yield corporate bonds. This diversification can help tailor your investment strategy according to your risk tolerance.
What Is Ondo Finance Price Prediction?
The following factors collectively shape the ONDO price prediction:
- Market Demand: Increased investor interest in Ondo's tokenized assets, like USDY and OUSG, can drive up the demand for ONDO, thus increasing the Ondo Finance price. Positive sentiment and growing adoption in the DeFi space also contribute to higher demand, supporting the ONDO to USD price.
- Tokenization Trends: As the trend of tokenizing RWAs gains momentum, Ondo Finance, being a major player in this space, benefits from the broader market interest. This can lead to a rise in the ONDO price as more investors seek exposure to tokenized assets.
- Regulatory Environment: Government regulations on cryptocurrencies and DeFi can significantly impact the ONDO crypto price. Positive regulatory developments can boost investor confidence and drive prices up, while negative regulations can have the opposite effect.
- Security and Compliance: The security of the platform and adherence to regulatory standards play a crucial role. Regular security audits and compliance with regulations help build trust among investors, positively influencing the ONDO token price.
- Partnerships and Integrations: Collaborations with major financial institutions like BlackRock and participation in tokenization projects with other industry giants can enhance Ondo Finance's credibility and attract more investors, boosting the $ONDO price.
- Market Sentiment: Overall market trends in the cryptocurrency and DeFi sectors affect the ONDO coin price. Bullish trends in the broader market generally lead to price increases for ONDO, while bearish trends can lead to declines.
How to Earn on Ondo Finance
You can earn on Ondo Finance (ONDO) through several methods:
- Holding USDY: Purchase and hold USDY, a token backed by short-term U.S. Treasuries, to earn yield. The longer you hold, the more you earn. This stablecoin offers a variable interest rate, currently around 5.30% APY.
- Lending on Flux Finance: Provide stablecoins like USDC or USDT on Flux Finance, Ondo's lending platform. You earn interest on the stablecoins you lend.
- Participating in Governance: Hold ONDO tokens and participate in governance activities within the Ondo DAO. You earn points for voting on proposals or delegating your voting power.
- Ondo Points Program: Engage in various activities within the Ondo ecosystem to earn points. This includes holding ONDO tokens, lending stablecoins, holding USDY, and participating in community events. These points can lead to additional rewards.
What is the all-time high price of Ondo (ONDO)?
The all-time high price of Ondo (ONDO) is $2.14000. The current price of ONDO is down 14.29% from its all-time high.
What is the all-time low price of Ondo (ONDO)?
The all-time low price of Ondo (ONDO) is $0.08354. The current price of ONDO is up 2,096.72% from its all-time low.
How much Ondo (ONDO) is there in circulation?
As of 12 21, 2024, there is currently 1.39B ONDO in circulation. ONDO has a maximum supply of 10B.
What is the market cap of Ondo (ONDO)?
The current market cap of ONDO is $2.55B. It is calculated by multiplying the current supply of ONDO by its real-time market price of $2.55B.
How do I store Ondo (ONDO)?
You can securely store your Ondo in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your ONDO include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.