Ondo Finance (ONDO)

RWA Rank #51 🟡 MODERATE
5.3/10

Score Breakdown

Unlock4/10
Tokenomics5/10
Insider4/10
Onchain6/10
Dev Activity1/10
Revenue5/10
Institutional7/10
Etf7/10
Market Structure7/10
Security7/10

Analysis

Ondo Finance recovered from January's 1.94B token unlock (+61% supply) that caused 80% price decline from ATH. RWA TVL reached record $2.89B driven by institutional adoption of tokenized treasuries and money market funds. BlackRock's BUIDL partnership expanded with $340M in assets. Ondo Chain launched as permissioned L1 for compliant RWA trading with 15 institutional partners. Ondo Perps introduced equity and ETF perpetuals with $45M daily volume. MetaMask integration supports 200+ tokenized assets. Despite strong fundamentals, large circulating supply and institutional selling pressure continue to weigh on price performance.

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