Overview

• ONDO traded around $1.09–$1.13 after a week of double‑digit gains, extending a multi‑day upswing in heavy turnover.
• Protocol total value locked reached roughly $1.56–$1.57 billion, up from about $650 million in January, with OUSG and USDY accounting for roughly $1.4 billion combined.
• The RWA token market value climbed to about $75–$76 billion as on‑chain tokenized assets topped $29 billion for the first time, according to RWA.xyz.
• Ondo’s Global Markets debuted more than 100 tokenized U.S. stocks and ETFs on Ethereum, with new access through Trust Wallet and 1inch for trading and reported Ledger support for custody.
• Spot and derivatives activity spiked, with 24‑hour volume near $485 million, open interest around $586 million, and futures volume at roughly $1.38 billion, signaling increased speculative positioning.