Ethereum Retains 52% Share of Ondo Tokenized Assets as Competing Chains Expand

Ethereum maintains the largest share of Ondo Finance's tokenized assets at approximately $2.1 billion, representing 52.37% of the platform's $3.89 billion total asset base as of October 4. Ondo's liquidity has broadened across competing networks, led by Solana, where tokenized assets climbed 60.32% over 30 days to surpass $456.7 million. Stellar and BNB Chain hold approximately $536.9 million and $430.7 million, respectively. In tokenized-equity lending, Solana has accumulated over $20.7 million in collateral on Kamino, outpacing Ethereum's $5.8 million pool on Euler and Morpho.