InformationTVLUnlocksFees and Revenue

Ondo Finance (ONDO)

Total Value Locked$1.376b

TVL by Chain

Ethereum$1.028b

Solana$250.14m

XRPL$30.2m

Mantle$27.47m

Sui$17.43m

Noble$14.96m

Arbitrum$5.47m

Aptos$2m

Polygon$0

Key Metrics

Fees (Annualized)$53.38m

Fees 30d$4.38m

Fees 7d$1.07m

Fees 24h$78,947

Cumulative Fees$17.19m

Revenue (Annualized)$53.38m

Revenue 30d$4.38m

Revenue 7d$1.07m

Revenue 24h$78,947

Cumulative Revenue$10.25m

Incentives (Annualized)$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$53.38m

Earnings 30d$4.38m

Earnings 7d$1.07m

Earnings 24h$78,947

Cumulative Earnings$10.25m

Market Cap$3.254b

$ONDO Price$1.03

All Time High$2.14

All Time Low$0.082

Fully Diluted Valuation$10.299b

Outstanding FDV$4.935b

$ONDO Volume 24h$153.92m

CEX Volume$145.55m

DEX Volume$51.44m(33.42% of total)

Protocol Information

This share class provides liquid exposure to an ETF of short-term U.S. Treasuries

Category:RWA

Sub Category: Treasury Bills, Other Fixed Income

Audits:

WebsiteGitHubTwitter

Methodology

TVL: Sums the total supplies of Ondo's issued tokens.View code on GitHubFees: Total yields were collected by investment assets.View code on GitHubRevenue: Total yields were distributed to investors and Ondo protocol.View code on GitHub

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Earnings: Revenue of the protocol minus the incentives distributed to users

Competitors

Libre Capital ($118.82m)BlackRock BUIDL ($2.273b)Franklin Templeton ($694.75m)OpenEden TBILL ($277.26m)OpenEden USDO ($266.07m)Ethena USDtb ($1.462b)Tether Gold ($1.256b)Paxos Gold ($952.11m)Centrifuge Protocol ($847.09m)WisdomTree ($604.92m)

Income Statement for Ondo Finance

Q3 2025*Q2 2025
Fees$6.06m$11.12m
Revenue$6.06m$4.19m
Earnings$6.06m$4.19m