🔹 What is ONDO?
ONDO is a governance token of the Ondo Finance ecosystem. It allows holders to participate in votes on protocol matters, such as smart contract updates and economic parameters. The maximum supply is 10 billion tokens, with gradual unlocking and distribution among various participant groups. #
🔹 Current ONDO Metrics (as of May 1, 2025)
• 💰 Price: $0.92
• 💹 Market Capitalization: $2.9 billion
• 🔄 24-Hour Trading Volume: $181.8 million
• 🔢 Circulating Supply: 3.15 billion ONDO
• 📊 Total Value Locked (TVL): $1 billion
• 📈 CoinMarketCap Ranking: #34
🔹 Ondo Finance Products
• USDY: A tokenized note backed by short-term U.S. bonds and bank deposits, offering a yield of about 5.2% per annum. Intended for investors outside the U.S.
• OUSG: A token representing a wrapped ETF on short-term U.S. bonds from BlackRock.
• OMMF: A tokenized money market fund, also based on BlackRock products.
• Flux Finance: A lending protocol that allows the use of tokenized securities as collateral.
