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Ondo Finance Exceeds $2 Billion in Total Value Locked

The surge is fueled by growing adoption of onchain tokenized U.S. Treasuries, stocks, and ETFs offered by the platform.

ONDO

Summary

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Terms & Concepts
  • Total Value Locked (TVL): The total value of assets held in a blockchain protocol, reflecting user deposits and overall platform usage.
  • Tokenized Treasury: Digital representation of U.S. Treasury securities on a blockchain, enabling fractional ownership and onchain trading.
  • ETF: Exchange-traded fund, an investment product that holds a basket of securities and trades on exchanges like a stock.