ONDO declined roughly

↘8%

over the past week while net exchange outflows reached approximately $2.2M over the same period, indicating some accumulation despite price weakness.

Value locked exceeds market cap

The protocol's total value locked stood at approximately $3.5B as of the latest snapshot, roughly 205% of its market cap, suggesting strong usage relative to valuation.

New participants join

347 new holders joined as of the latest daily reading while trading activity dropped roughly

↘24%

over the past week, reflecting reduced market participation.

Investor positioning holds steady

Trading contract activity rose roughly

↗4%

over the past week with current rates at approximately 0.005%, suggesting steady positioning despite the price decline.

Loss realization continues

Investors sold at a loss as of the latest snapshot, with the loss-realization metric at 0.78, while sellers outnumbered buyers by roughly 1.4 to 1 over the past 24 hours.