Ondo U.S. Dollar Token

The peg deviation figure, currently at 0.0 basis points, is the most direct indicator of whether the token is fulfilling its core function; any sustained move away from zero would warrant attention. The stablecoin supply change over the last 30 days, recorded at negative 16.17 percent, shows the pace at which tokens are being redeemed or removed from circulation, and continued movement in either direction would reflect changing demand for the token. The percent below all-time high is listed as negative 8.32, which for a stablecoin targeting one dollar is an unusual figure worth monitoring to understand whether there have been historical deviations from the peg. The dilution overhang of 0.023054 percent at this point in time indicates a very small quantity of supply not yet in circulation, and any change in that figure could reflect new issuance activity.

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