InformationTVLUnlocksFees and Revenue

Ondo Finance (ONDO)

Total Value Locked$1.391b

TVL by Chain

Ethereum$1.037b

Solana$250.91m

XRPL$30.1m

Mantle$26.63m

Sui$17.48m

Noble$15m

Aptos$7.44m

Arbitrum$5.89m

Polygon$0

Key Metrics

Fees (Annualized)$57.13m

Fees 30d$4.68m

Fees 24h$153,692

Cumulative Fees$12.51m

Revenue (Annualized)$57.13m

Revenue 30d$4.68m

Revenue 24h$79,287

Cumulative Revenue$5.49m

Incentives (Annualized)$0

Incentives 30d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$57.13m

Earnings 30d$4.68m

Earnings 24h$79,287

Cumulative Earnings$5.49m

Market Cap$2.818b

$ONDO Price$0.89

All Time High$2.14

All Time Low$0.082

Fully Diluted Valuation$8.92b

$ONDO Volume 24h$187.89m

CEX Volume$123.79m

DEX Volume$61.96m(32.97% of total)

Protocol Information

This share class provides liquid exposure to an ETF of short-term U.S. Treasuries

Category:RWA

Sub Category: Treasury Bills, Other Fixed Income

Audits:

WebsiteGitHubTwitter

Methodology

TVL: Sums the total supplies of Ondo's issued tokens.View code on GitHubFees: Total yields were collected by investment assets.View code on GitHubRevenue: Total yields were distributed to investors and Ondo protocol.View code on GitHub

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Earnings: Revenue of the protocol minus the incentives distributed to users

Development Activity

Updated at Jun 11, 2025

Weekly commits21

Monthly commits21

Weekly developers14

Monthly developers14

Last commit11/06/25 (a month ago)

Competitors

Libre Capital ($112.88m)BlackRock BUIDL ($2.812b)Franklin Templeton ($765.63m)OpenEden TBILL ($192.48m)Spiko ($396.74m)Ethena USDtb ($1.457b)Paxos Gold ($931.01m)Tether Gold ($817.56m)Superstate USTB ($554.86m)Centrifuge Protocol ($447.62m)

Income Statement for Ondo Finance

Q3 2025Q2 2025
Fees$1.39m$11.05m
Revenue$1.39m$4.11m
Earnings$1.39m$4.11m