Ondo Finance TVL exceeds $2 billion, driven by its tokenized US Treasury bond fund

2026-01-16 01:43:51

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ChainCatcher reports that, according to TheDefiant, data from DefiLlama shows that the total value locked (TVL) on the tokenization platform and DeFi protocol Ondo Finance surpassed $2 billion this week, reaching a new all-time high. This figure is more than double the TVL from early March last year.

Among them, Ethereum is the main network for Ondo tokenized assets, with on-chain assets totaling approximately $1.5 billion; Solana follows closely, with a total value of about $248 million, while BNB Smart Chain’s total is around $123 million.

The report states that as TVL expands, Ondo Finance’s flagship product OUSG (a fund holding tokenized short-term US Treasury bonds) has also grown. According to RWAxyz data, it currently holds over $820 million in Treasury bonds.

ONDO-3.27%

ETH-1.62%

SOL-1.61%

BNB-0.55%

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