Ondo Finance
4 placements on ChainChoice under Ondo Finance, each scored against its own category's pool and criteria — none currently #1. The placements are not averaged and not ranked against each other: a #1 exchange and a #6 crypto card are two different products in two different markets.
Stablecoin Yield
Ondo USDYRank#3 OverallScore67
#1 in this category: Spiko (USTBL / EUTBL)
View verdictTokenised Bonds
Ondo Global Markets (bond ETF line)Rank#3 OverallScore68
#1 in this category: BondbloX Bond Exchange
View verdictTokenised Equities
Ondo StocksRank#3 OverallScore58
#1 in this category: Superstate Opening Bell
View verdictTokenised T-Bills
Ondo OUSGRank#5 OverallScore69
#1 in this category: Franklin Templeton BENJI (FOBXX)
View verdictStablecoin Yield
How you can lose money here, and what the ranking scores
- Insolvency failure (Ondo USDY 8/10): the firm or issuer that owes you cannot pay.Scored by What actually pays the yield · 30%
- Regulatory failure (Ondo USDY 3/10): no licence where you are, or a forced market exit.Scored by Access reality · 24%
- Exit failure (Ondo USDY 7/10): you cannot get out at par, on time, or with what is yours.Scored by Redemption & claim quality · 26%
Not assessed by this ranking: Contract failure, Control failure, Liveness failure, Custody failure, Execution failure, Information failure. A high place says nothing about these; the Methodology tab says what each means. Also scored, as cost, quality or a summary of several families: Conditions on the headline rate (20%).
Tokenised Bonds
How you can lose money here, and what the ranking scores
- Insolvency failure (Ondo Global Markets (bond ETF line) 7/10): the firm or issuer that owes you cannot pay.Scored by If the issuer goes under, what paper do I actually hold - a bond, a certificate, or an IOU? · 30%
- Regulatory failure (Ondo Global Markets (bond ETF line) 4/10): no licence where you are, or a forced market exit.Scored by Am I allowed to buy this at all - in my country, at my wealth level, today? · 25%
- Exit failure (Ondo Global Markets (bond ETF line) 6/10): you cannot get out at par, on time, or with what is yours.Scored by What is the published exit route - and is there any dated evidence a holder used it? · 25%
Not assessed by this ranking: Contract failure, Control failure, Custody failure, Information failure. A high place says nothing about these; the Methodology tab says what each means. Also scored, as cost, quality or a summary of several families: What does the token route cost me over just buying the bond or the ETF? (20%).
Tokenised Equities
How you can lose money here, and what the ranking scores
- Insolvency failure: the firm or issuer that owes you cannot pay.Scored by Do I own the share, or do I own a promise from whoever sold it to me? · 35% (Ondo Stocks 2/10)Scored by Whose name is on the paper I am buying — and can I look that entity up in a register? · 25% (Ondo Stocks 6/10)
- Regulatory failure (Ondo Stocks 9/10): no licence where you are, or a forced market exit.Scored by Can a US person hold this — and does the vendor give me the same answer twice? · 18%
- Information failure (Ondo Stocks 6/10): the number is wrong or bought, or your data leaks.Scored by When a dividend or a split happens, does anyone tell you in writing what you will get? · 22%
Not assessed by this ranking: Contract failure, Control failure, Custody failure, Exit failure. A high place says nothing about these; the Methodology tab says what each means.
Tokenised T-Bills
How you can lose money here, and what the ranking scores
- Insolvency failure (Ondo OUSG 4/10): the firm or issuer that owes you cannot pay.Scored by Legal claim quality · 28%
- Regulatory failure (Ondo OUSG 3/10): no licence where you are, or a forced market exit.Scored by Who can actually buy it · 30%
- Exit failure (Ondo OUSG 8/10): you cannot get out at par, on time, or with what is yours.Scored by Redemption reality · 24%
Not assessed by this ranking: Contract failure, Control failure, Custody failure, Information failure. A high place says nothing about these; the Methodology tab says what each means. Also scored, as cost, quality or a summary of several families: Total fee load (18%).