Ondo (ONDO) — CryptoGrade Rating

Dilution overhang remains the clearest supported conclusion while core fundamentals stay insufficiently evidenced

GradeVerdictScoreRankPriceMarket cap
F | FailedRed26.4 / 100#82 of 203$0.336$1.6B

F | Failed means: Score below 40, or any single hard red flag. Do not own — the story is irrelevant.

Data as of Sep 15, 2026 — scores are re-evaluated daily and this snapshot refreshes on each site publish. The live app always shows current data.

What is Ondo?

ONDO is the governance token associated with the Ondo DAO and the Ondo Foundation. The supplied profile says the DAO governs Flux Finance, a lending protocol that supports tokenized securities as collateral, while ONDO holders participate in decisions about the DAO’s direction. The foundation is described as an independently governed, nonprofit Cayman Islands foundation company without beneficial owners. ONDO’s stated function is governance rather than a clearly specified claim on protocol fees or automatic cash flows. Its distinctive focus is the connection between community decision-making and a lending system designed to accommodate tokenized financial assets. The available description gives limited information about actual protocol activity, supply arrangements, or how governance participation translates into economic value for token holders.

About the current assessment

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How this rating is produced

Every CryptoGrade rating comes from the same published, rules-based framework: six weighted dimensions produce a 0–100 composite score, hard disqualifying gates can force exclusion regardless of score, and fixed thresholds map the composite to a grade. Read the full methodology on the Framework page.

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