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Ondo Finance Rises 18.4% in Four Hours to Reach $0.5006

ONDO gained 16.36% over 24 hours, while short liquidations reached $270,000 in the latest hour.

Mentioned assets
Polished teal token resting above a clear market threshold marker / TokenPost.ai (macro)
Polished teal token resting above a clear market threshold marker / TokenPost.ai (macro)

Ondo Finance (ONDO) climbed 18.40% in four hours to $0.5006 as of 10:12 a.m. ET (14:12 UTC) Thursday, extending its 24-hour gain to 16.36%.

The token rose from $0.4228 four hours earlier to its current price of $0.5006. The price is based on Binance spot ONDO/USDT market data collected and calculated by TokenPost.

ONDO ranked 43rd by market capitalization at about $2.38489 billion. In the same one-hour period, liquidations totaled $50,000 from long positions and $270,000 from short positions across Binance, Bybit and OKX.

The move puts ONDO above the $0.50 level while short-position liquidations made up the larger share of the latest hour’s total.

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