Overview

Logo of Ondo

Ondo(ONDO)

Token Price$0.35

24h Change+4.08%

All Time HighDec 16, 2024$2.14

All Time LowJan 18, 2024$0.082

Key Metrics

Market Cap$1.705b

Fully Diluted Valuation$3.501b

Circ. Supply4.869b ONDO

Max Supply10b ONDO

Outstanding FDV$2.669b

Volume 24h$118.5m

CEX Volume$85.64m

DEX Volume$38.79m

Token Liquidity$3.14m

Uniswap V3 · Ethereum$3.09m

Raydium AMM · Solana$52,523

Income Statement for Ondo Finance

Q2 2026*Q1 2026Q4 2025Q3 2025Q2 2025
Gross Protocol Revenue
Cost of Revenue
Gross Profit
Incentives
Earnings
Token Holder Net Income

Risk Timeline

Risk-management actions published about ONDO by tracked risk managers and governance contributors, newest first.

1 action
contributor@ugur_api3forum.morpho.org

ONDO/USDC Lending Market Launches on Ethereum Mainnet

ONDO, a high-quality real-world asset token, is now supported as collateral on Morpho via Kabu USDC, enabling holders to borrow USDC without selling. This is made safe through Api3’s OEV infrastructure for precise oracle updates in volatile conditions and Morpho’s partial liquidation design to mitigate risks better than traditional mechanisms.

Markets

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Token Rights and Value Accrual

Updated May 08, 2026

Overview

Token(s)
ONDOUSDYOUSG
Token Type
Governance
Utility
N/A

ONDO is the governance token of Ondo Finance, enabling holders to participate in DAO decisions on protocol upgrades, asset listings, and ecosystem incentives, while supporting tokenized real-world assets like US Treasuries with potential future roles in liquidity provision.

Governance Rights

Control

Documentation states the DAO controls protocol, economic parameters, upgrades. Can create proposals and elect committies to manage processes. 100,000,000 ONDO holdings threshold is required to propose.

Governance Decisions

ONDO

Proposals typically start with post on the Flux Finance Governance Forum. There has not been an executed DAO proposal since 2024.

Treasury Decisions

N/A

The Ondo Foundation manages the treasury.

Revenue Decisions

ONDO

Governance includes economic parameters according to documentation.

Fee Switch

OFF

Resources

Ondo Foundation Group Wallet Address Disclosure
<https://blog.ondo.foundation/ondo-foundation-group-wallet-address-disclosure/>

Equity Statement

Ondo Foundation is a Cayman Islands Foundation Company, a nonprofit with no beneficial owners. Ondo Foundation's mandate is to support innovation, manage the treasury, manage intellectual property, and issue governance tokens.

Economic Rights

Value Capture

Buybacks

N/A

Dividends

N/A

No dividend or revenue distribution is currently active

Burns

N/A

No burn mechanism is currently active

Ownership

Fundraising
EquityToken Sale
Equity Revenue Capture
Unknown
Associated Entities
DAOEquityFoundation
IP & Brand
Ondo Foundation

Token Usage

An is required to view token usage.

Unlocks

An is required to view token unlocks.

Yields

Tracking 5 pools, average APY 84.57%

Pool
Project
Chain
30d APY Chart
WETH-ONDO0.3%Logo of Uniswap V3Uniswap V3
Logo of Ethereum
$634,20532.94%32.94%
88.05%
USDT-ONDO1.00%Logo of Uniswap V4Uniswap V4
Logo of Ethereum
$228,45457.93%57.93%
311%
ETH-ONDO0.30%Logo of Uniswap V4Uniswap V4
Logo of Ethereum
$188,14683.58%83.58%
174%
ONDOLogo of Morpho BlueMorpho Blue
Logo of Ethereum
$176,6610%
0%
USDT-ONDO0.05%Logo of Uniswap V4Uniswap V4
Logo of Ethereum
$101,494164%164%
123%