Thomas Daniels
Ondo Finance, a leader in real-world asset (RWA) tokenization, is set to unlock over 1.9 billion ONDO tokens on January 17, 2025, at 7 PM EST. This significant governance token release represents a 134% influx in circulating supply, with an estimated value of approximately $2.44 billion, according to Tokenomist (formerly TokenUnlocks).
Key Allocation Breakdown
The upcoming unlock is distributed across three primary allocations:
- 40% (792 million ONDO): Dedicated to ecosystem growth.
- 42% (825 million ONDO): Reserved for protocol development.
- 18% (remaining tokens): Allocated to private sales.
While substantial token unlocks often trigger bearish price movements, ONDO has shown resilience in the past. The token, currently trading around $1.25—down slightly on the day—has experienced a 673% surge over the past year, rising from $0.26 to recent highs.
Market and Ecosystem Growth
Ondo Finance has established a strong foothold in the RWA sector. Its flagship products, including the Ondo U.S. Dollar Yield Fund and Ondo Short-Term Government Bond Fund, have contributed significantly to the tokenized treasury market’s growth, which has more than doubled to $4 billion over the past year.
According to DeFiLlama, Ondo Finance’s total value locked (TVL) spiked from $192 million in January 2024 to a peak of $650 million in October 2024, before settling at $543 million at the time of writing.
As the market prepares for this substantial supply shift, ONDO’s performance will remain closely watched, particularly given its historical ability to capitalize on ecosystem expansion and broader market momentum.
