Ondo says its own US stock RWA token QQQon / SPYon can now be used as collateral on Morpho.
But it's not showing up on Morpho yet...
Am I just not finding it?!
Rewards
SPDR S&P 500 Tokenized ETF (Ondo) (SPYon)
$ 737.19 (SPYon/USD)
1.14%
24H
SPDR S&P 500 Tokenized ETF (Ondo) Live Price data
Today's price of SPDR S&P 500 Tokenized ETF (Ondo) Is $ 737.19 (SPYon/USD). With A Market Cap Of $ 40.13M USD. 24-Hour Trading Volume Of $ 2.61M USD, A 24-Hour Price Change Of +1.14%, And A Circulating Supply Of 54.44K SPYon.
SPDR S&P 500 Tokenized ETF (Ondo) SPYon Price History USD
Track the price of SPDR S&P 500 Tokenized ETF (Ondo) for today, 7 days, 30 days and 90 days
Period
Change
Change (%)
Today
$ 8.34
1.14%
7days
$ 20.72
2.89%
30days
$ 75.21
11.35%
90days
$ 46.22
6.68%
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SPDR S&P 500 Tokenized ETF (Ondo) Market Information
$ 728.58 24h Range $ 738.93
All time high
$ 738.97
All time low
$ 632.80
24h Change
1.14%
24h Vol
$ 2,611,601.28
Circulating supply
54.44K
SPYon
Market cap
$ 40.13M
Max supply
--
Fully diluted market cap
$ 40.13M
Trade SPYon
SPDR S&P 500 Tokenized ETF (Ondo) X Insight
Paguinfo
DeFi_Expert
Tokenomics_Expert
B
3.3K @NewPaguinfo Bullish
SPYON and QQQON become collateral, boosting Ethereum DeFi.
Ondo Finance
DeFi_Expert
Media
C
365.0K @OndoFinance Tokenized stocks now live in DeFi lending.
SPYon and QQQon are available for use as collateral on @Morpho, with borrowing liquidity supplied by RWA-focused vaults curated by @gauntlet_xyz.
This marks a major step forward for @ethereum DeFi - where institutional-grade RWAs can now be deployed productively onchain.
3
1
234
2026-02-17 13:57
Trend of SPYon after release
Bullish
SPYON and QQQON become collateral, boosting Ethereum DeFi.
Route 2 FI
Trader
Derivatives_Expert
C
301.1K @Route2FI Extremely Bearish
User is concerned about the 1:1 backing and liquidity of Ondo Finance's SPYon token, believing it hinders mass adoption.
@nathanlallman @0xSmerfik @OndoFinance @Securitize maybe you can answer out this one ser:
https://t.co/RFJFHDLcdY
Route 2 FI
Trader
Derivatives_Expert
C
301.1K @Route2FI For example I checked out @OndoFinance SP500 ticker SPYon which has a mcap of 25m.
Let's say I mint SPYon for $5m. I now own 16% of the total share of SPYon. My biggest concern is if I am always backed 1:1? Or if there are liquidity issues?
Not only my concern, but it is what preventing us from massive adoption I think.
The screenshare shows 1:1 conversion, but I am just curious if it works like this in practice too with higher amounts.
Nathan Allman 🌊 D
21.7K @nathanlallman @Route2FI @0xSmerfik @OndoFinance @Securitize What about this makes you think it is going to be better? This is going to be fully permissioned.
1
0
25
2025-12-18 17:56
Trend of SPYon after release
Bearish
User is concerned about the 1:1 backing and liquidity of Ondo Finance's SPYon token, believing it hinders mass adoption.
About SPDR S&P 500 Tokenized ETF (Ondo)
SPDR S&P 500 Tokenized ETF (Ondo) (SPYon) is a cryptocurrency and operates on the Ethereum platform. SPDR S&P 500 Tokenized ETF (Ondo) has a current supply of 54,440.471468. The last known price of SPDR S&P 500 Tokenized ETF (Ondo) is 725.21669562 USD and is up 0.32 over the last 24 hours. It is currently trading on 20 active market(s) with $2,216,312.34 traded over the last 24 hours. More information can be found at https://app.ondo.finance/assets/spyon.
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