What are Real World Assets (RWA)?

RWAs are traditional financial instruments — Treasury bills, bonds, real estate, commodities — tokenized on blockchain. Ondo tokenizes US government bonds, making them accessible on-chain.

Can I swap ONDO without KYC?

Yes. ONDO governance token can be swapped on SyntheticSwap without registration. Note: Ondo's tokenized products (OUSG, USDY) require KYC for purchase directly from Ondo.

OUSG is Ondo's tokenized US short-term government bond fund, giving qualified investors on-chain exposure to US Treasury yield.

USDY is Ondo's US Dollar Yield token — a yield-bearing stablecoin alternative backed by US Treasuries, available to non-US investors.

What network is ONDO on?

ONDO governance token is on Ethereum. Ondo's yield products (OUSG, USDY) are deployed across Ethereum, Solana, Arbitrum, and other chains.

Home/Supported Coins/Ondo Finance

Ondo Finance

Real World Asset Tokenization for Institutional DeFi

Launch Year

2023

Consensus

Proof of Stake

Max Supply

10,000,000,000 ONDO

Block Time

~12 seconds

ONDO

Ondo Finance

Price—

24h Change—

Market Cap—

Volume (24h)—

Circulating Supply—

Swap ONDO Now

No KYC or registration
Non-custodial — your keys, your crypto
1000+ supported exchange pairs
Best available exchange rate

Ondo Finance Price Chart

ONDO / USD

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Data by CryptoCompare

About Ondo Finance

Ondo Finance (ONDO) is a real-world asset (RWA) tokenization platform that brings traditional financial assets — primarily US Treasury bills and money market funds — on-chain as tokenized products. OUSG (Ondo Short-Term US Government Bond Fund) and USDY (Ondo US Dollar Yield) are Ondo's flagship products, offering qualified investors and crypto users access to yield-bearing dollar instruments on the blockchain. ONDO is the governance and ecosystem token. Ondo has positioned itself at the intersection of DeFi and traditional finance, attracting significant institutional interest as the RWA narrative grew throughout 2023-2024.

History

2021

Ondo Finance founded by Nathan Allman and Pinku Surana with backing from Pantera Capital.

2022

Ondo launches tokenized fixed-income vaults for institutional investors.

2023

OUSG (tokenized US Treasuries) and USDY launch; RWA narrative drives massive interest in Ondo.

2024

ONDO token launches with a large airdrop; Ondo expands to multiple blockchains and reaches $500M+ in TVL.

How to Swap ONDO

Exchanging Ondo Finance (ONDO) on SyntheticSwap is simple and needs no account or identity check. ONDO is a multi-chain token primarily on Ethereum, supported by MetaMask, Coinbase Wallet, Trust Wallet, and Ledger Live. Select ONDO in the swap interface, pick your desired output asset, provide a receiving wallet address, and review the live exchange rate. Your swap settles automatically after your ONDO deposit is confirmed — the destination token is sent directly to your wallet without delay.

How to Store ONDO

ONDO is an ERC-20 token on Ethereum, stored in MetaMask, Ledger hardware wallets, Trust Wallet, Coinbase Wallet, or any Ethereum-compatible wallet. Note that Ondo's tokenized products (OUSG, USDY) have KYC requirements for purchase but ONDO governance token does not.