Ondo - logo
Ondo
ONDO
$0.76

Sector

Defi

Exchange Debut

2024-01-18

Market Cap

1,101,217,627

Maxim Supply

10,000,000,000

Circulating Supply

1,443,764,728

Circ. Supply(%)

14.44%
Ondo - logo

Ondo

ONDO

Price

$0.76

Market Cap

Sector

Exchange Debut

1,101,217,627
2024-01-18

Volume 24h

High 24h

Low 24h

283086542
0.834544384023
0.7450840177

Change 24h

Change 7d

Change 30d

-3.4746
-7.6693
46.0136

Maxim supply

Circulating supply

Circulating supply(%)

10,000,000,000
1,443,764,728
14.44%

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Ondo-ONDO cryptocurrency:

 

Ondo Finance emerges as a pioneering force in the DeFi ecosystem, offering an open and decentralized investment banking service. With a comprehensive approach to servicing and connecting a diverse range of stakeholders, including DAOs, institutional, and retail investors, Ondo Finance stands out in the fundamental analysis of the Ondo-ONDO cryptocurrency, achieving an overall score of 7.49 out of 10. This score reflects its robust social media presence, solid audit and security practices, thoughtful token economy, promising ecosystem development, experienced team, useful product and utility, and strong partners and investors network.

SOCIAL & MASS MEDIA: Score 8.70 out of 10

The project’s engagement on social platforms is notable, boasting a perfect score in attracting followers and community activity, though its administrative activities lag slightly behind. Its presence in the media and the size of its chat group communities further underscore its potential for widespread adoption and investor confidence.

AUDIT & SECURITY: Score 8.55 out of 10

Ondo Finance has demonstrated commendable transparency and audit results, reflecting its commitment to security and reliability. Although there is room for improvement in liquidity on exchanges, the project’s overall audit and security framework instills trust among its stakeholders.

TOKENOMICS: Score 6.25 out of 10

While the project excels in decentralizing its monetary mass, concerns about inflation highlight areas for potential refinement in its token economy. Addressing these concerns could bolster the project’s financial stability and investor appeal.

ECOSYSTEM DEVELOPMENT: Score 6.20 out of 10

Ondo Finance shows a steady progression towards achieving its development objectives and introducing new features. However, accelerating these efforts could further enhance the project’s value proposition and ecosystem growth.

TEAM & DEVELOPERS: Score 7.60 out of 10

The project benefits from a team with deep experience, particularly in leadership roles. Yet, the limited number of software developers suggests an opportunity to scale the development team to accelerate innovation and technical advancements.

PRODUCT & UTILITY: Score 7.60 out of 10

The utility of Ondo Finance’s product and tokens within its ecosystem is clear, offering tangible benefits to its users. Continued enhancement of these utilities can strengthen the project’s market position and user adoption.

PARTNERS & INVESTORS: Score 8.75 out of 10

With a strong network of investors and partners, Ondo Finance is well-positioned for growth. This backing not only provides financial stability but also opens doors for collaboration and expansion.

Fundamental analysis of the Ondo-ONDO cryptocurrency – The final conclusion

The fundamental analysis of the Ondo-ONDO cryptocurrency reveals a project with significant strengths, particularly in its social media engagement, audit and security measures, and partnerships. However, areas such as tokenomics and ecosystem development present opportunities for improvement to mitigate investment risks and enhance its attractiveness. Given its solid foundation and potential for addressing these challenges, Ondo Finance represents a promising investment opportunity within the DeFi space. Investors should weigh these factors carefully, considering both the project’s current achievements and its roadmap for future growth.

What is Ondo-ONDO?

 

Ondo Finance represents a groundbreaking approach in the DeFi space, positioning itself as a decentralized investment bank. At the core, it aims to streamline operations for various DeFi participants, including DAOs, and both institutional and retail investors. Consequently, it has emerged as a leader in providing liquidity-as-a-service, a critical aspect for decentralized exchanges (DEXs). Moreover, Ondo has cultivated partnerships with over ten DAOs and secured commitments from four major stablecoin issuers for substantial liquidity contributions.

Decentralized Finance Revolution

Ondo’s strategy does not rely on liquidity mining campaigns or incentive programs, which is notable given its significant TVL on Ethereum. This approach demonstrates its capability to foster rapid organic growth within the DeFi ecosystem. Also, the platform’s unique proposition lies in bridging the gap between DeFi and traditional finance. It does so by aggregating conventional DeFi protocols and repackaging their offerings. This method aligns with traditional financial risk/return profiles, making DeFi more accessible and appealing to a broader audience.

Simplifying Access and Enhancing Liquidity

The fundamental analysis of the Ondo-ONDO cryptocurrency reveals its pivotal role in facilitating DEX liquidity. By matching capital demand from DAOs with supply from underwriters, Ondo ensures that trading native tokens on decentralized platforms is both efficient and user-friendly. This initiative has not only supported the DeFi landscape’s expansion but also contributed to its robustness and resilience.

In conclusion, Ondo Finance stands out for its innovative solutions in the DeFi sector, particularly in liquidity provision and bridging the gap with traditional finance. Its strategic partnerships and commitment to organic growth underscore its potential to significantly impact the evolving digital finance landscape.

Fundamental analysis of the Ondo-ONDO cryptocurrency

Ondo-ONDO performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Related projects

DeFi - logo
SCORE: 7.13
RATING: Good
Osmosis - logo
SCORE: 7.55
RATING: Good
GT Protocol logo
SCORE: 5.47
RATING: Average
vvs-finance LOGO
SCORE: 5.03
RATING: Average
seth2 LOGO
SCORE: 5.33
RATING: Average
defichain logo
SCORE: 6.60
RATING: Good
just logo
SCORE: 5.55
RATING: Average
thorchain logo
SCORE: 7.88
RATING: Good
rocket-pool logo
SCORE: 6.35
RATING: Good
kava logo
SCORE: 7.38
RATING: Good
pendle logo
SCORE: 7.31
RATING: Good
SushiSwap LOGO
SCORE: 7.27
RATING: Good
Pundi X logo
SCORE: 🔒
RATING: No rating
Liquity logo
SCORE: 6.44
RATING: Good
maverik prtocol logo
SCORE: 7.05
RATING: Good
SCORE: 🔒
RATING: No rating