Ondo Finance tokenizes real-world assets for use in DeFi yield strategies. Paxos issues digital tokens backed by physical gold for ownership and trading. Ondo targets DeFi users seeking yield; Paxos targets investors seeking gold exposure.
| Token Price | — | — |
| 24h Change | — | — |
| Market Cap | — | — |
| TVL | $3.51BDefiLlama | $1.80BDefiLlama |
| MCap Rank | #44 | #42 |
| Total Raised | $56.0M | $535.3M |
| Founded | 2021 | 2013 |
| Stage | — | — |
| X / Twitter | 376K | 4K |
| GitHub Stars | 36 | 89 |
| Chains | aptosarbitrumavalanche | ethereum |
| Tags | DeFi, Asset Management, RWA | Stablecoin Issuer, CeFi, Custody |
Ondo Foundation launched the Ondo DAO, which governs Flux Finance, a lending protocol for tokenized securities. The project aims to democratize access to institutional-grade finance through tokenized real-world assets and perpetuals.
PAX Gold (PAXG) is a tokenized gold asset where each token represents one fine troy ounce of a London Good Delivery gold bar stored in professional vaults. It enables fractional ownership of physical gold with the speed and mobility of a digital asset, allowing users to convert tokens to allocated gold, unallocated gold, or fiat currency on the Paxos platform.