Ondo Finance reported on Aug. 15, 2026 that its tokenized equities platform, Ondo Stocks, has surpassed $1 billion in total value locked, reaching $1.01 billion less than a year after its September 2025 launch. The platform offers more than 440 tokenized stocks and ETFs, each fully backed by corresponding securities held with licensed U.S. custodial broker-dealers, and remains the largest tokenized stocks provider by TVL.
Trading activity has expanded sharply. Ondo Stocks has processed $27 billion in cumulative trading volume across centralized exchanges, decentralized exchanges, and primary mint/redeem activity since launch. The company said the turnover figure is approximately 26 times current TVL, indicating active secondary-market trading rather than passive holding.
The newer Ondo Perps perpetual futures venue, launched in July, cleared $8 billion in cumulative volume, with more than $5 billion traded in the trailing 30 days and a high of $87 million in open interest. Daily volume has climbed steadily, with the strongest sessions above $350 million occurring in the most recent week rather than at launch.
Ondo’s ecosystem now counts 200,645 holders, up 20% over the prior 30 days, with 186,636 cumulative holders on Ondo Stocks alone. Monthly transfer volume reached $2.82 billion, up 25.37% month over month, across 89,485 monthly active addresses.
Tokenized Ondo Stocks assets have traded $18 billion across centralized exchanges, with on-venue holdings totaling $206 million. Binance accounts for $139 million, Gate $32 million, Bitget $18 million, and MEXC $6 million. In addition, the U.S. Dollar Yield token USDY has reached $2.15 billion in total asset value with 15,604 holders and a 7-day APY of 3.49%. USDY is live on twelve networks, led by Ethereum at $1.1 billion, Stellar at $534 million, SEI at $258 million, and Solana at $179 million, with additional deployments on Mantle, Noble, Sui, Arbitrum, Aptos, MANTRA, BNB Chain, and Plume. Ondo said USDY’s total asset value has more than doubled since the start of 2026.
