Ondo Finance TVL Surpasses $2 Billion Milestone

New DeFi Milestone Achieved

Ondo Finance has surpassed $2 billion in total value locked (TVL), marking a historic high. This milestone highlights the platform’s rapid growth in the tokenized assets and DeFi space.

Ethereum Leads in On-Chain Assets

The majority of Ondo’s tokenized assets reside on Ethereum, totaling around $1.5 billion. Solana and BNB Chain follow with $248 million and $123 million, respectively, showcasing a thriving multi-chain ecosystem.

OUSG Fund Drives Expansion

The platform’s flagship product, the OUSG fund, now holds over $820 million in short-term U.S. Treasuries, fueling TVL growth and signaling strong market demand for compliant asset tokenization.