Ondo Finance vs Paradex

Compare Ondo Finance and Paradex on TVL, fees, revenue and activity to understand how these projects stack up.

$3.451B
Ondo Finance tokenises U.S. Treasuries (OUSG) and short‑term corporate notes (USDY), letting DeFi users earn off‑chain yield without KYC for small tickets. Redemptions above $100k trigger regulated KYC/AML, and tokens are soul‑bounded during the settlement window to comply with securities exemptions. OUSG is used as backing collateral for Flux’s RWA stablecoin and is integrated in Curve’s stableswap set.
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$18.4M
Paradex is a high-performance derivatives exchange offering zero-fee perpetuals, deep liquidity and zk-encrypted account privacy on a custom Starknet-based L2. Traders access 250+ markets across futures, dated and perpetual options, and spot via unified margin, with listings that often precede major CEXs. The platform integrates retail price improvement, institutional-grade risk controls and tokenized high-yield vaults, all powered by the DIME token and Paradigm-backed infrastructure.
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Key Metrics Comparison

Ondo Finance
TVL
$3.451B
24h Volume
N/A
24h Fees
N/A
24h Revenue
N/A
30d Fees
N/A
30d Revenue
N/A
7d TVL Change
N/A
Dominance
1.24%
Paradex
TVL
$18.4M
24h Volume
$14.52M
24h Fees
$993
24h Revenue
N/A
30d Fees
$20.5K
30d Revenue
N/A
7d TVL Change
+0.93%
Dominance
0.01%

Category Performance

Visual comparison across key categories. Ring fill represents relative strength or share between the two assets.

TVL Share

Share of combined TVL

TVL Share
Ondo Finance
99.5%
Paradex
1.0%

Volume Share

Share of combined 24h volume

Volume Share
Ondo Finance
1.0%
Paradex
1.0%

Fees Share

Share of combined 24h fees

Fees Share
Ondo Finance
1.0%
Paradex
1.0%

Revenue Share

Share of combined 24h revenue

Revenue Share
Ondo Finance
1.0%
Paradex
1.0%

7d TVL Performance

TVL change over last 7 days

7d TVL Performance
Ondo Finance
N/A
Paradex
0.93%

Dominance

Market dominance by TVL

Dominance
Ondo Finance
1.2%
Paradex
0.0%
TVL Comparison
Ondo Finance
Paradex