Overview
Ondo (ONDO) is a decentralized finance (DeFi) token designed to democratize access to institutional-grade financial services. Ranked #38 on CoinMarketCap, ONDO has a current price of ₩1,084.30 KRW, with a 24-hour trading volume of ₩122.6B KRW. Its market capitalization stands at ₩3.42T KRW, reflecting a 6.99% increase in the last day.
Key Statistics
- Market Cap: ₩3.42T
- 24h Volume: ₩122.6B
- Circulating Supply: 3.15B ONDO
- Total Supply: 10B ONDO
- Holders: 144.24K
What is Ondo (ONDO)?
Ondo Finance aims to bridge traditional finance and blockchain technology by offering tokenized real-world assets (RWAs). Launched in 2022 and headquartered in the Cayman Islands, Ondo operates under the governance of the Ondo DAO, which empowers ONDO token holders to influence platform decisions, particularly through Flux Finance.
Core Features:
- Governance: ONDO tokens grant voting rights in the Ondo DAO.
- Institutional Partnerships: Collaborates with entities like BlackRock and Coinbase.
- Tokenization: Facilitates the digitization of assets like real estate and commodities.
Technology Behind Ondo
Ondo leverages blockchain to ensure security and transparency:
- Blockchain: Uses Ethereum for smart contracts and asset tokenization.
- Consensus Mechanism: Employs Proof-of-Stake (PoS) for energy efficiency.
- Flux Finance: A DeFi platform managed by the Ondo DAO, offering yield-generating opportunities.
Ondo’s Real-World Applications
- Strategic Partnerships: Aligns with major financial institutions to expand RWA offerings.
- Intellectual Property Management: Secures IP rights via blockchain.
- Community Events: Hosts educational initiatives to promote blockchain adoption.
FAQ
What is Ondo’s primary goal?
To democratize access to institutional financial tools via blockchain.
Who founded Ondo?
Nathan Allman, a former Goldman Sachs digital assets team member, leads Ondo.
How does ONDO token governance work?
Holders vote on proposals affecting Flux Finance and other DAO-managed platforms.
👉 Learn About Ondo’s Partnerships
Ondo Markets
ONDO is traded on centralized (CEX) and decentralized (DEX) exchanges, including:
- Spot Markets: For immediate ONDO/KRW trades.
- Futures Markets: For derivatives trading.
Live Price Data
- Current Price: ₩1,084.30 KRW
- 24h Change: +7.00%
- All-Time High: ₩2,903.84 (Dec 2024)
- All-Time Low: ₩113.30 (Jan 2024)
Tags
- Real World Assets (RWA)
- Made in America
- CMC Crypto Yearbook 2024-25
Data is updated in real-time. For more details, visit Ondo’s official website.
### Key SEO Elements:
1. **Keywords**: Ondo Finance, ONDO token, Flux Finance, RWA, DeFi.
2. **Structure**: Hierarchical headings, bullet points, and anchor links for navigation.