Compare Ondo Finance and pump.fun on TVL, fees, revenue and activity to understand how these projects stack up.
$3.514B
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.
pump.fun is a launchpad on Solana that lets anyone create a token and make it instantly tradeable in one click, for free. Famous for powering the memecoin boom, pump.fun has launched millions of tokens and has become a major driver of activity on Solana. Coins can also 'graduate' to decentralized exchanges, making pump.fun the ground zero for rapid token creation and trading.