Ondo Finance vs WBTC

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

$3.459B
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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$8.807B
Wrapped BTC (WBTC) is a Bitcoin‑backed ERC‑20 minted by BitGo under a multi‑sig controlled by merchants and custodians. Each token is 1:1 redeemable for BTC, with reserves published every 24 hours and verifiable on chain. WBTC accounts for more than 70 % of tokenised bitcoin on Ethereum and serves as core collateral for Aave, Maker and Compound.
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Key Metrics Comparison

Ondo Finance
TVL
$3.459B
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
1.25%
WBTC
TVL
$8.807B
24h Volume
N/A
24h Fees
$0
24h Revenue
$0
30d Fees
$0
30d Revenue
$0
7d TVL Change
-1.53%
Dominance
3.18%

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
28.2%
WBTC
71.8%

Volume Share

Share of combined 24h volume

Volume Share
Ondo Finance
1.0%
WBTC
1.0%

Fees Share

Share of combined 24h fees

Fees Share
Ondo Finance
1.0%
WBTC
1.0%

Revenue Share

Share of combined 24h revenue

Revenue Share
Ondo Finance
1.0%
WBTC
1.0%

7d TVL Performance

TVL change over last 7 days

7d TVL Performance
Ondo Finance
N/A
WBTC
-1.53%

Dominance

Market dominance by TVL

Dominance
Ondo Finance
1.3%
WBTC
3.2%
TVL Comparison
Ondo Finance
WBTC