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#25 of 25 · Ondo

Is ONDO deflationary?

About flat · 0.0% policy supply next year

ONDO supply is expected to stay about flat over the next twelve months (0.0% policy). That figure is a published protocol policy, not a measured rate. Under its no permanent burn program program, there is no permanent supply reduction, funded by fixed capped allocation. Known releases over the next twelve months equal 39.8% of current circulating supply. Beneat Supply Watch ranks ONDO #25 of 25 with an overall supply score of 57 out of 100, as of Sep 6, 2026.

Supply score

57 / 100

Open in the screener →

Key figures

Supply next year

0.0% policy

Tokens unlocking, 12 months

39.8% of supply

Circulating

48.7%

Market cap

$1.82B

Supply direction score

70

Release pressure score

14

Program strength

66

Track record

80

Scores are 0–100 research shortcuts, not price forecasts. Sources: strong. Data as of Sep 6, 2026.

Supply history

Daily observed circulating supply from the market snapshot. Scheduled releases are shown separately below.

Sep 1, 2026 · 4.87B ONDO0.00% over 6 daysSep 6, 2026 · 4.87B ONDO

Upcoming releases

The published release schedule is fully dated and modeled. The next annual release is modeled from the official five-year plan.

DateAllocationAmountShare of supply
Annual locked allocation releases · scheduled1.94B ONDO19.40%
Annual locked allocation releases · scheduled1.94B ONDO19.40%
Annual locked allocation releases · scheduled1.94B ONDO19.40%

How ONDO supply changes

Paid for by

Fixed capped allocation

What happens

No permanent burn program

Where tokens go

Recipients and ecosystem

The Foundation proposal sets five annual release points after launch. Unlocks change float, not the 10B total supply.

Catalyst

No material catalyst recorded.

Offsetting risk

The January 2027 release is large relative to current float.

Questions people ask about ONDO supply

Is ONDO deflationary?
ONDO supply is expected to stay about flat over the next twelve months (0.0% policy). That figure is a published protocol policy, not a measured rate. Under its no permanent burn program program, there is no permanent supply reduction, funded by fixed capped allocation. Known releases over the next twelve months equal 39.8% of current circulating supply. Beneat Supply Watch ranks ONDO #25 of 25 with an overall supply score of 57 out of 100, as of Sep 6, 2026.
When is the next ONDO unlock?
The next known ONDO release is on Jan 17, 2027: 1.94B ONDO from annual locked allocation releases, about 19.40% of reference supply. A release can add selling pressure but does not mean holders will sell.
How much ONDO is in circulation?
4.87B ONDO is in circulation, about 48.7% of the 10.00B reference supply, with a market cap of $1.82B. Release progress is 3 of 5; expected completion: January 2029.
How does ONDO supply change?
The Foundation proposal sets five annual release points after launch. Unlocks change float, not the 10B total supply. Program: No permanent burn program. Paid for by fixed capped allocation. Destination: recipients and ecosystem.
How reliable is this data?
ONDO has strong sources: 2 cited documents, last checked Sep 6, 2026. Reconciliation against the published plan is "matched". Observed circulating supply is compared with calculable scheduled releases; opaque and dynamic flows remain outside the expectation.

Sources

Reconciliation: matched. Observed circulating supply is compared with calculable scheduled releases; opaque and dynamic flows remain outside the expectation. Machine-readable data: /api/screener/deflationary and calendar for ONDO.

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Research only. Not investment advice. Beneat Supply Watch does not forecast prices.