The Real Test for Ondo Finance

In the RWA (Real World Asset) sector, the project Ondo Finance is about to face a major test. On January 18th, it will unlock 19.4 million tokens — a staggering number, accounting for 130% of the current circulating supply.

At first glance, the risk seems significant. Such a large token unlock can obviously cause dilution pressure. However, what’s interesting behind the data is that the project's TVL (Total Value Locked) has increased by 218% over the past year, and institutional funds continue to flow in.

What does this indicate? It shows that major institutions are aware of how substantial the unlocking pressure this month will be, yet they are still pouring money in. This is a clear sign — they are confident in Ondo’s long-term prospects and are not afraid of this wave of dilution.