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Ondo Finance TVL Surpasses $2 Billion, Driven by Tokenized US Treasury Fund
Summary: According to TheDefiant, DefiLlama data shows that the total value locked (TVL) of tokenization platform and DeFi protocol Ondo Finance has surpassed $2 billion this week, reaching a record high. This figure is more than double the TVL in early March last year. Ethereum is the main network for Ondo's tokenized assets, with a total ...
According to TheDefiant, DefiLlama data shows that the total value locked (TVL) of tokenization platform and DeFi protocol Ondo Finance has surpassed $2 billion this week, reaching a record high. This figure is more than double the TVL in early March last year. Ethereum is the main network for Ondo's tokenized assets, with a total value of approximately $1.5 billion; Solana follows closely with a total value of approximately $248 million, while BNB Smart Chain's total value is approximately $123 million. As the TVL expands, Ondo Finance's flagship product OUSG (a fund holding tokenized short-term US Treasury bonds) has also grown, currently holding over $820 million in Treasury bonds according to RWAxyz data.
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Link: Ondo Finance TVL Surpasses $2 Billion, Driven by Tokenized US Treasury Fund [Copy]
