Coinbase (Ondo Tokenized Stock) COINON

What COINON actually is on-chain

Coinbase (Ondo Tokenized Stock) is an ERC-20 deployed on Ethereum, at contract address 0xF042cfa86cf1D598a75Bdb55c3507a1F39f9493b. That address, not the ticker COINON, is what uniquely identifies this asset: anyone can deploy a second token calling itself COINON, but the contract is unforgeable. Verify it against etherscan.io before sending funds or approving a spend.

Because it lives on Ethereum, COINON is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in COINON itself, and secondary liquidity sits in Uniswap-style AMM pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

For COINON the project publishes an active account as @ondofinance. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where COINON sits in the market

Coinbase (Ondo Tokenized Stock) sits at #1433, inside the middle of the small-cap band. Depth here is shallow enough that one large order walks the book several percent and the print mean-reverts within the same session — which is why a single fixed price level is a fragile trigger, and a condition that tolerates one wick is the more useful construction. Listings are concentrated across a small number of venues, so volume-driven delisting is an active risk here rather than a hypothetical one.

CryptoPingAi is currently streaming 1 live COINON order book (Gate.io). That is thinner coverage than a #1433 ranking would normally imply — a move on one of these books is close to the whole market for COINON, with no deep second venue to arbitrage it back. None of the books we see for COINON are regulated US or Korean venues, so this is an offshore-quoted asset — availability, and the price itself, depend on which jurisdiction you trade from.

COINON against its all-time high

COINON is 65.1% off its $400.82 high (on 2025-10-10). At this depth the arithmetic turns against a recovery narrative: getting back to the record takes 2.87x, not a rebound. The high is better read as the marker of a completed cycle than as a target — most of the holders above spot are underwater by enough that their behaviour on the way up is supply, not demand. That high was set about a year ago, recently enough that it still anchors how most current holders frame the asset.

COINON across its historical range

The recorded range is comparatively narrow: 2.90x between $138.14 and $400.82. Either the price history is short, or the asset is designed not to move.

COINON trades within 1.2% of the all-time low of $138.14 set on 2026-02-12. Below that mark the chart is blank — no prior trading means no support level to cite, no volume shelf and no cluster of cost basis to lean on. That low is recent, so this is an active downtrend rather than an old floor holding: each fresh low retires the previous one as a reference.

COINON supply and valuation data

Coinbase (Ondo Tokenized Stock) sits just outside the band where circulating and total supply are independently verified, so we hold a valuation figure for COINON but not an audited token count. What we do have is a fully diluted valuation of $8.1 million as of 2026-05-12. That is in the upper quartile of tracked assets by fully diluted value.

That valuation is a point-in-time snapshot, not a live figure, so we deliberately avoid dividing it back into a token count — the price has moved since, and the arithmetic would yield a precise-looking supply number that is simply wrong. Read the current supply from the project's own explorer before relying on any per-token valuation. The authoritative figure is the one etherscan.io reports for this contract.

What kind of asset COINON is

Coinbase (Ondo Tokenized Stock) sits in the real-world-asset category, where the token is a claim on or a representation of something held off-chain. That makes the relevant risks custodial and regulatory rather than purely market-driven: attestation quality, the identity of the custodian and the legal enforceability of redemption matter more than the chart. RWA assets also tend to move on regulatory news cycles that have nothing to do with the broader crypto tape.

CoinGecko files COINON under 8 categories, including Tokenized Assets, BNB Chain Ecosystem, Solana Ecosystem, Tokenized Stock, Ethereum Ecosystem. CoinGecko also records deployments on BNB Chain (2,027 tracked tokens), Solana (3,129 tracked tokens), Ethereum (3,072 tracked tokens), so on-chain liquidity is split across several networks and the cheapest venue depends on which deployment you are trading.

How to set a Coinbase (Ondo Tokenized Stock) alert that is worth receiving

Coinbase (Ondo Tokenized Stock) is the ERC-20 at 0xF042…493b on Ethereum — quoted on 1 venue we stream — high dated 2025-10-10 — rank #1433. On this profile the condition that carries signal is a single downside threshold sized to your risk tolerance plus a volume alert.

Full alert-design method: thresholds, RSI/MACD and volume conditions →