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Ondo Price
Ondo price

Ondo Price(ONDO)

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Note: This coin is not listed on Binance for trade and service. You can refer to our How to Buy Ondo guide.
Currency
$ 0.822939
-0.11%
1D
Page last updated: 2024-04-17 21:35 (UTC+0)
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Price of ONDO today

The live price of Ondo is $ 0.822939 per (ONDO / USD) with a current market cap of $ 1.14B USD. 24-hour trading volume is $ 379.11M USD. ONDO to USD price is updated in real-time. Ondo is -0.11% in the last 24 hours with a circulating supply of 1.39B.
ONDO Price History USD
Date ComparisonAmount Change% Change
Today$ -0.000882-0.11%
30 Days$ 0.370006+81.69%
60 Days$ 0.571182+226.88%
90 Days$ 0.631659+330.23%

ONDO Price Information

24h Low & High
The highest and lowest price paid for this asset in 24 hours.
Low: $ 0.770459
High: $ 0.885185
The highest and lowest price paid for this asset in 24 hours.
All Time High
The highest price paid for this asset since it was launched or listed.
$ 1.049062
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
The percent change in trading volume for this asset compared to 1 hour ago.
-0.06%
The percent change in trading volume for this asset compared to 1 hour ago.
Price Change (24h)
The percent change in trading volume for this asset compared to 24 hours ago.
-0.11%
The percent change in trading volume for this asset compared to 24 hours ago.
Price Change (7d)
The percent change in trading volume for this asset compared to 7 days ago.
+6.71%
The percent change in trading volume for this asset compared to 7 days ago.

ONDO Market Information

The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading.
Popularity
Popularity is based on the relative market cap of assets.
#73
Popularity is based on the relative market cap of assets.
Market Cap
Market cap is calculated by multiplying the asset's circulating supply with its current price.
$ 1.14B
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
The total dollar value of all transactions for this asset over the past 24 hours.
$ 379.11M
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
1.39B
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 '--'.
--
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
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 '--'.
$ 8.23B
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 '--'.

About Ondo (ONDO)

Ondo aims to set itself apart by its integration of real-world assets (RWA) into the blockchain ecosystem. This integration provides investors with a gateway to diverse cash management products and bond funds. Ondo’s approach brings together the efficiency of DeFi with the reliability of traditional finance (TradFi), creating a reportedly new paradigm in asset management. This approach combines the robustness of blockchain technology with essential pillars of conventional finance such as investor protection, transparency, adherence to legal norms, structured product design, and superior client services.

Investors can engage with Ondo by converting USDC to USD, which is then utilized to acquire assets like ETFs or funds. This transaction results in the creation of new fund tokens that are deposited into the investor's digital wallet. Upon redemption, these tokens are destroyed, and USDC is returned to the investor, streamlining the investment process.

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.

Ondo serves as a bridge between DeFi and TradFi, offering tokenized U.S. Treasuries and other financial products, while its token, ONDO is playing a crucial role in governance through the Ondo DAO and the Flux Finance protocol.

The current price of ONDO is available and updated in real-time on Binance.

People Also Ask: Other Questions About Ondo

  1. 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.

  2. How Do 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.

  3. 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.

  4. 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 1,366,339,772 ONDO. 

  5. What Makes Ondo Different From Others?

    Ondo Finance differentiates itself through a unique integration of decentralized finance (DeFi) and traditional finance (TradFi). Its focus on tokenizing real-world assets, such as U.S. Treasuries, bridges a gap in the cryptocurrency market. Ondo's expansion to different blockchain ecosystems, notably Polygon, and its governance model involving the Ondo DAO and Flux Finance protocol, further distinguish it.

ONDO to Local Currency

FiatPriceOperation
1 ONDO to TRY$ 0.822939
1 ONDO to RUB$ 0.822939
1 ONDO to EUR$ 0.822939
1 ONDO to AED$ 0.822939
1 ONDO to AUD$ 0.822939
1 ONDO to BRL$ 0.822939
1 ONDO to VND$ 0.822939
1 ONDO to IDR$ 0.822939
Last updated 2024/04/17 09:35 (UTC)

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