Opcode

Opcode is a DeFi application built on Ethereum that lets users trade tokenized versions of stocks and exchange-traded funds, including individual company shares and indices such as the S&P 500. It aims to give people access to traditional equity markets through a self-custody crypto interface, without requiring a conventional brokerage account. The product is designed for retail users who want exposure to real-world securities using crypto infrastructure, though availability varies by jurisdiction.

The shares traded on Opcode are issued by Ondo, a regulated issuer, and are backed one-to-one by the underlying securities, meaning each tokenized position is intended to track the actual share price of the asset it represents. Transactions are gasless for the user, and the application supports sign-in through Face ID via an embedded wallet powered by Privy, as well as connection of an existing self-custody wallet. The OPCODE token exists within the Ethereum ecosystem, but the data stored here does not detail a specific on-chain governance or fee-capture role for the token itself.

The data stored for Opcode does not include a fee stream, revenue figures, or details about who pays or receives protocol fees, so fee-based measures that this site typically reports are not available for this asset. The circulating supply stands at 1,000,000,000 OPCODE, which equals the maximum supply, meaning the fully diluted valuation and the market capitalisation are identical at a ratio of 1.0 as of the point-in-time reading. With no supply pending or dilution overhang recorded, there is no additional token issuance indicated in the current data. The 24-hour turnover ratio of 0.00017 reflects the share of circulating supply that changed hands in that period.