ONDO: WALL STREET'S ON-CHAIN MONEY MARKET

The rails are built, $1.7B in Treasuries already flow through them, but January's unlock decides whether insiders keep building or start cashing out

ONDO at $0.81 | Rank #58 | $2.56B Market Cap | Down 62% from ATH

Institutional rails are live and scaling. While competitors pitched decks, ONDO built the plumbing—$1.77B in Treasury-backed yield now flowing through 9 blockchains, generating substantial protocol fees. But there’s a catch: early 2026’s token unlock could either validate insider conviction or become a significant exit-liquidity event.