Ondo Market Cap Calculator
Calculate Ondo (ONDO) market cap from the live ONDO price and circulating supply — plus FDV, and the price ONDO would need to reach any target valuation.
Result
Enter values to see the result.
Using the Ondo Market Cap Calculator
Market cap is simply the live ONDO price multiplied by the number of coins in circulation, and this page does that with the current price loaded for you. The supply field starts at roughly 4.87 billion ONDO, which is where it stood on 5 August 2026 — supply moves, so check it against a market data source if you need an exact figure, and edit the field.
Ondo's supply is bounded at 10 billion ONDO, so the fully diluted valuation is a real ceiling rather than an open-ended one. The MC/FDV row shows how much of that supply is already trading: the closer it is to 100%, the less future dilution is waiting for you, and for ONDO that gap is currently 49%.
The comparison field answers the question people actually come here for: what would ONDO be worth at some other valuation? Enter a target market cap and the calculator returns the implied ONDO price and the multiple from here. It is arithmetic, not a forecast — reaching a larger cap means absorbing every holder willing to sell on the way, and oNDO trades on the real-world-asset narrative and on interest-rate expectations, and still has a large share of supply unvested.
Ondo at a glance
- Launched
- ONDO token January 2024
- Products
- USDY and OUSG — tokenised short-dated US Treasuries
- Max supply
- 10,000,000,000 ONDO
- Role
- Governance — not a claim on the underlying funds or their yield
- Access
- The funds themselves are gated by jurisdiction and investor status
- Native staking
- None
Frequently asked questions
- What is Ondo's market cap?
- Multiply the live ONDO price by the circulating supply — around 4.87 billion ONDO as of 5 August 2026. The calculator above loads the current price and does this for you; the result updates the moment you change either field.
- How do I calculate the ONDO price at a given market cap?
- Divide the target market cap by the circulating supply. The comparison field above does it directly and also shows the multiple against today's ONDO price, which is usually the more sobering number.
- What is Ondo's fully diluted valuation?
- FDV prices all 10 billion ONDO at the current price, including coins not yet circulating. The difference between FDV and market cap is the supply still to enter the market — worth knowing before you treat market cap as the whole picture.
- How do you calculate crypto market cap?
- Market cap = current price × circulating supply. A coin at $2 with 500 million coins in circulation has a $1 billion market cap. Note that it is circulating supply, not total supply — tokens still locked in vesting contracts or a treasury are excluded.
- What is the difference between market cap and FDV?
- Market cap uses only the coins in circulation today. Fully diluted valuation (FDV) prices every coin that will ever exist, including locked and unminted supply. A project with a $200M market cap but a $2B FDV has 90% of its supply still to hit the market.
More ONDO calculators
Free Ondo (ONDO) profit calculator. Enter your buy and sell price to see ONDO profit, loss, ROI and fees — prefilled with the live ONDO price.
Free Ondo (ONDO) dollar-cost-averaging calculator. Model recurring ONDO buys to see coins accumulated, average entry and portfolio value at today's live price.
Work out your weighted average Ondo (ONDO) entry price across multiple buys — and see exactly where your break-even sits.
Find the exact Ondo (ONDO) price that liquidates your leveraged position. Prefilled with the live ONDO price — set your leverage and direction.
Prefer the generic version without ONDO presets? Open the Crypto Market Cap Calculator.
For educational purposes only. Rates, fees and protocol parameters change — verify current figures with your exchange or validator before acting. Not financial advice.