Ondo price and where to buy ONDO

What is Ondo?

ONDO is the governance token of Ondo Finance, a company that brings traditional assets such as US Treasuries onto blockchains as tokens. ONDO holders vote on the protocol; the token itself is not backed by the assets Ondo’s products hold. The maximum supply is 10 billion ONDO, released over time.

How to buy Ondo, step by step

1. Pick an exchange. ONDO is listed on every exchange we track. Compare fees, funding options and whether it serves your country in our exchange reviews.
2. Create and verify your account. Regulated exchanges ask for identity documents before you can deposit fiat.
3. Fund the account. A bank transfer or a stablecoin deposit usually costs far less than a card payment.
4. Buy ONDO. Use the ONDO/USDT or ONDO/USD market, and check the cheapest venue in the table above first.
5. Decide where to keep it. On the exchange is simplest, but the exchange then holds your coins. ONDO is a token on Ethereum and other networks, so when you withdraw, choose the network your wallet expects.

Where to buy Ondo at the best price

The cheapest venue right now is marked in the table above. Add its trading fee before comparing: on ONDO the venues disagree by about 0.093 percent on average, so on a small purchase the fee and the funding method usually matter more.

• The price on that venue. Each row shows the gap to our composite.
• The trading fee. Our fee comparison lists spot fees side by side.
• How you fund the account. A bank transfer or stablecoin deposit is usually far cheaper than a card payment, which often costs several percent.

Why the Ondo price differs between exchanges

In our minute-by-minute measurement the gap between the highest and lowest venue averaged about 0.093 percent, against about 0.025 percent for Bitcoin. It went above half a percent in about 11 minutes out of every thousand, and reached about 2.3 percent at its widest.

Just over half of the ONDO spot volume we track trades on a single venue. The spread figure at the top of this page is the live measurement; our guide on why crypto prices differ between exchanges explains the mechanism.

What moves the Ondo price

The wider crypto market, and in ONDO’s case its own news too. In our hourly composite, ONDO moved with Bitcoin at a correlation of about 0.58, where 1 would mean identical moves, and its moves were more than two and a half times the size of Bitcoin’s.

Ondo-specific drivers come on top: news about tokenised treasuries and institutional adoption, token unlocks, and leverage. The funding rates on this page show whether leveraged traders are paying to be long or short right now.

Pros and cons of Ondo

Pros

• Exposure to the tokenised real-world asset sector.
• Listed on every exchange we track.
• A fixed maximum supply of 10 billion.

Cons

• The token carries governance rights, not a claim on the treasuries Ondo’s products hold.
• A large part of the supply is still being released.
• Its price gap between exchanges is almost four times Bitcoin’s.

Ondo’s highest price

Ondo’s all-time high is about $2.14 on volume-weighted data. The chart above shows the last 30 days of our composite, and the ONDO to USD converter applies the live price to any amount.