Price of ONDO today

The live price of Ondo is $0.966102 per (ONDO / USD) with a current market cap of $3.05B USD. 24-hour trading volume is $209.92M USD. ONDO to USD price is updated in real-time. Ondo is -5.74% in the last 24 hours with a circulating supply of 3.16B.

ONDO Price History USD

Date Comparison	Amount Change	% Change
Today	$-0.058862	-5.74%
30 Days	$0.104218	+12.09%
60 Days	$-0.009356	-0.96%
90 Days	$-0.317645	-24.74%

ONDO Price Information

24h Low & High

Low: $0.952077

High: $1.029863

The highest and lowest price paid for this asset in 24 hours.

All Time High

$2.141296

The highest price paid for this asset since it was launched or listed.

Price Change (1h)

+0.4%

The percentage change in price for this asset compared to 1 hour ago.

Price Change (24h)

-5.74%

The percentage change in price for this asset compared to 24 hours ago.

Price Change (7d)

+14.67%

The percentage change in price for this asset compared to 7 days ago.

24h Low & High

Low: $0.952077

High: $1.029863

All Time High

$2.141296

Price Change (1h)

+0.4%

Price Change (24h)

-5.74%

Price Change (7d)

+14.67%

ONDO Market Information

Popularity

#34

Popularity is based on the relative market cap of assets.

Market Cap

$3.05B

Market cap is calculated by multiplying the asset's circulating supply with its current price.

Volume (24hours)

$209.92M

The total dollar value of all transactions for this asset over the past 24 hours.

Circulation Supply

3.16B

The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.

Total Maximum Supply

The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.

Fully Diluted Market Cap

$9.66B

Popularity

#34

Market Cap

$3.05B

Volume (24hours)

$209.92M

Circulation Supply

3.16B

Total Maximum Supply

Fully Diluted Market Cap

$9.66B

What is Ondo (ONDO)?

ONDO is the native token of Ondo Finance, a decentralized finance platform designed to connect traditional financial assets with blockchain-based systems. Introduced in 2021, Ondo Finance specializes in the tokenization of real-world assets such as U.S. Treasuries, bonds, and money market instruments. The platform aims to make institutional financial products available through decentralized infrastructure.
Ondo Finance operates through two divisions: Asset Management and Technology. The Asset Management unit issues tokenized products, while the Technology division builds and maintains the infrastructure to support decentralized access and transactions. Ondo reportedly aims to continue expanding its RWA product suite. This expansion is likely to further blend the lines between DeFi and TradFi, attracting more institutional participation in the blockchain space.
The ONDO token functions as the governance token for the Ondo DAO (Decentralized Autonomous Organization). Token holders can participate in decision-making processes related to protocol upgrades and the management of associated platforms within the Ondo ecosystem. This includes oversight of projects such as Flux Finance, a decentralized lending platform that operates under the governance framework of the Ondo DAO.
ONDO is the governance token of the Ondo Finance decentralized autonomous organization (DAO). It enables holders to vote on key protocol decisions, including economic parameters, smart contract upgrades, and overall DAO management. The token has a fixed maximum supply of 10 billion. As of now, the circulating supply of ONDO is approximately 3.15 billion tokens.
ONDO is listed on Binance for trade and purchase. The current price of ONDO is available and updated in real-time on Binance.

People Also Ask: Other Questions About Ondo

What is ONDO Token?

ONDO is the governance token of the Ondo Finance decentralized autonomous organization (DAO). It is used by token holders to vote on protocol-related decisions, including adjustments to economic parameters, implementation of smart contract upgrades, and the overall governance of the DAO.

What is the ONDO Token Used For?

ONDO token serves as a governance tool within the Ondo ecosystem, enabling holders to influence the Ondo DAO and Flux Finance protocol. Beyond governance, it's integral in operational roles, aiding in the development and management of tokenized financial products. ONDO also supports the advancement of independent decentralized finance protocols, reflecting Ondo's dedication to decentralization and providing access to blockchain-based institutional-grade financial services.

How Does Network Consensus and Validation Work On Ondo?

The network consensus and validation for Ondo involve a secure, multi-layered mechanism, particularly focused on asset bridging across blockchain networks. This process is facilitated by the Ondo Token Bridge, which uses existing bridge technologies like Axelar and LayerZero, supplemented by Ondo's own validation layer. The bridge operates by burning tokens on the source chain and re-minting them on the destination chain, enhancing security. An emergency control by an Ondo-controlled multisig can pause all bridge functionality. The technical process involves message passing protocols and stringent validation checks to ensure safe and efficient cross-chain transfers.

Who Is The Founder Of Ondo?

Nathan Allman, an alumnus of Goldman Sachs, is the brain behind Ondo, bringing his vast experience in traditional finance to the world of blockchain. Inaugurated in August 2021, Ondo made its initial mark with Ondo Vaults, a structured finance protocol on Ethereum.

What is the Maximum and Circulating Token Supply of Ondo?

At the time of writing, the maximum supply of ONDO Token is 10,000,000,000 ONDO, with a circulating supply of 3.15 billion ONDO.

Will $ONDO Price Go Up Today?

Check out our ONDO Price Prediction page for real-time insights based on user sentiment and market data. Please note these predictions are not financial advice and do not represent Binance's views. 
 

How to Buy $ONDO?

You can buy $ONDO directly on Binance using a credit or debit card, or trade other cryptocurrencies for $ONDO on the Binance Exchange. Visit our How to Buy ONDO guide for more details.