Ondo U.S. Dollar Token
USDonFiat-backed USD-pegged Rank #61
Price
$1.00
0.00% off peg
Market Cap
$68.29M
Market Cap
$68.29M
Dominance
0.02%
of market
Price
$1.00
% Off Peg
0.00%
24h Supply
+0.79%
7d Supply
-3.81%
30d Supply
-2.48%
Networks
2
chains
Circulating Supply
Total USDon across all chains
$90.41M
$62.69M
Jul 8, 2026
Sep 3, 2026
Chain Distribution
Current supply by network
BSC
$37.53M 55.0%
Ethereum
$30.76M 45.0%
About Ondo U.S. Dollar Token
USDon is a USD-pegged stablecoin issued by Ondo Finance that serves as the settlement currency for tokenized stocks and ETFs on Ondo Global Markets.
Mint & redeem
USDon is backed 1:1 by US dollars held in Ondo Global Markets' brokerage accounts. It is minted by converting USDC 1:1 when buying tokenized assets and redeemed 1:1 back to USDC.
Links & references
Official website View on DefiLlama View on CoinGecko Twitter / X DefiLlama wiki
Contract 0xace8…19f1
