ONDO Finance trades at $0.2596, down 3.7% over 24 hours amidst broader market consolidation. Despite short-term price pressure, analysts highlight its role as the world’s largest RWA tokenization platform, with total value locked surging over 400% annually to exceed $2.5 billion. A recent integration with the Phemex exchange enables over 10 million users to trade tokenized U.S. equities on-chain.
Ondo Finance (ONDO) is trading at $0.2596, falling 3.7% over the past 24 hours. Trading volume also declined by 7.68% to roughly $32 million.
This recent movement is part of a broader consolidation in crypto markets. Analysts note these dips are temporary against long-term adoption trends.
Crypto analyst Rendoshi reports that ONDO is recognized as the world’s largest real-world asset (RWA) tokenization platform. Its total value locked (TVL) has grown over 400% annually from near zero in mid-2023 to more than $2.5 billion by early 2026.
The TVL growth signals robust adoption and ecosystem expansion. The platform’s growth followed a pattern of rapid surges and brief consolidation phases.
The cryptocurrency exchange Phemex recently completed its integration with Ondo Finance. This allows more than 10 million users to access 14 tokenized U.S. stocks and ETFs directly on-chain.
The digital assets include major equities such as NVIDIA, Tesla, Apple, and Amazon. Phemex stated “TradFi x Web3 convergence, now live on Phemex” regarding the initiative.
The integration provides faster settlement and on-chain transparency for these assets. For ONDO, this partnership reinforces its foundational role in the tokenized asset economy.
