tl;dr
Coinbase-backed Ondo Finance has garnered significant investor attention with a major spot market listing on a globally renowned crypto exchange. The ONDO token price surged nearly 8% following the listing, sparking discussions in the crypto market. OKX, the Seychelles-based exchange, officially ann...
Ondo Finance's ONDO token has secured a major spot market listing on OKX, leading to an 8% price rally and sparking discussions in the crypto market. OKX officially announced the listing of Ondo Finance token on its spot market, pegged to the USDT pair, with trading commencing at 8 AM UTC and deposits opening at 7 AM UTC.
Ondo Finance token's price continues to surge, reaching a 7.68% increase and trading at $1.04, with significant futures open interest surge and optimistic market sentiments following the listing. OKX's upcoming listings include Pikamoon, KAI, and Mallconomy, as highlighted by CoinGape Media.
Coinbase-backed Ondo Finance has garnered significant investor attention with a major spot market listing on a globally renowned crypto exchange. The ONDO token price surged nearly 8% following the listing, sparking discussions in the crypto market. OKX, the Seychelles-based exchange, officially announced the listing of the token on its spot market paired with USDT (ONDO/USDT). Trading commenced at 8 AM UTC, with deposits opening at 7 AM UTC.
Ondo Finance, a DeFi platform, focuses on real-world asset tokenization. The project's tokenomics include ecosystem growth, protocol development, private sales, and community access sale. The token's price continued to rise, signaling optimism and potential money inflow to its ecosystem. As of the report, the ONDO token saw a 7.68% surge in price, trading at $1.04, with derivatives data indicating a 10.52% increase in futures open interest to $146.88 million. The listing news and recent market statistics have positively influenced market sentiments.
OKX's upcoming listings include Pikamoon, KAI, and Mallconomy. Coinbase-backed Ondo Finance recently piqued significant investor interest, securing a major spot market listing on a globally renowned CEX. Notably, ONDO token price rallied nearly 8% in tandem with the listing’s surfacing, causing a flurry of discussions among crypto market participants. OKX, the Seychelles-headquartered crypto exchange, recently made an official announcement about its plans for listing the token. Here’s a brief report on the announcement that soon gained substantial traction due to the crypto’s price rally.
OKX UNVEILS LISTING ON SPOT MARKET
As per an official press release dated July 29, OKX revealed that it will list Ondo Finance token on its spot market pegged to the USDT pair (ONDO/USDT). Starting today, 8 AM UTC, the abovementioned pair is to commence trading on the crypto platform. Meanwhile, deposits for the same were opened at 7 AM UTC, per the official announcement.
Ondo Finance is a DeFi platform offering seamless RWA (real-world assets) tokenization. The project’s tokenomics and distribution plans include:
- 5.21 billion- ecosystem growth
- 3.3 billion- protocol development
- 1.29 billion- private sales
- 198 million- community access sale
Meanwhile, the token’s price continued pumping, igniting further optimism as the spot listing paves the road for more money inflow to the coin’s ecosystem.
ONDO PRICE RALLIES
As of writing, the ONDO price soared 7.68% and traded at $1.04. The token’s 24-hour lows and highs were evaluated to be $0.9639 and $1.05, respectively. Derivatives data by Coinglass revealed a significant 10.52% surge in the Ondo Finance futures OI to $146.88 million today, underscoring further money inflow for crypto. Coupled with the abovementioned listing chronicle, recent market stats have made market sentiments take an optimistic shift.
Intriguingly, as seen this year with the Wormhole and UXLINK listings on OKX, the tokens’ prices gradually increased, although market bears eventually presented volatility. Nonetheless, the listing-birthed optimism persists, whereas some upcoming OKX listings include Pikamoon, KAI, and Mallconomy, among many others, as spotlighted by CoinGape Media.