Ondo U.S. Dollar Token Price & Performance
USDON · CryptocurrencyLive market data · Last updated: July 5, 2026 at 4:04 a.m. (ET). Prices shown in USD and for information only — not investment advice.
Ondo U.S. Dollar Token (USDON) is trading at $1.00 USD, up +0.00% over the past 24 hours. Its market capitalization is $72.03M, ranking it #340 among all cryptocurrencies by market value.
How we think about Ondo U.S. Dollar Token at Evermore
Ondo U.S. Dollar Token (USDON) is currently classified as a small-cap cryptocurrency by market value. Small-cap tokens carry meaningful liquidity and project-survival risk on top of the usual crypto volatility. If it appears in a client's portfolio at all, it belongs in the speculative sleeve — never in money earmarked for retirement, a home, or education.
How Ondo U.S. Dollar Token is taxed in Canada
The Canada Revenue Agency treats cryptocurrency as a commodity, not currency. When you sell, trade, or spend Ondo U.S. Dollar Token, you trigger a taxable event — typically a capital gain (50% of the gain is taxable) if you are an investor, or fully-taxable business income if the CRA considers your trading a business. Every disposition must be reported, including crypto-to-crypto trades.
Can you hold Ondo U.S. Dollar Token in a TFSA or RRSP?
No. You cannot hold USDON directly inside a TFSA, RRSP, or other registered account — cryptocurrencies are not "qualified investments." Canadians who want tax-sheltered crypto exposure typically use a listed crypto ETF held inside a registered account instead, which changes the risk and fee profile considerably.
Common Questions
What is the price of Ondo U.S. Dollar Token (USDON) today?
Ondo U.S. Dollar Token is trading at approximately $1.00 USD. Prices are highly volatile and update continuously; this page refreshes its data on a short cache to stay reasonably current.
What is Ondo U.S. Dollar Token's market capitalization?
Ondo U.S. Dollar Token has a market capitalization of roughly $72.03M USD, ranking it #340 among all cryptocurrencies by market value.
How is Ondo U.S. Dollar Token taxed for Canadian investors?
The CRA treats Ondo U.S. Dollar Token as a commodity. Selling, trading, or spending it is a taxable disposition — normally a capital gain (50% taxable) for investors. Crypto-to-crypto trades are taxable too. Keep detailed records of the cost base and fair market value at each transaction.
Can I hold Ondo U.S. Dollar Token in my TFSA or RRSP?
Not directly — USDON is not a qualified investment for registered accounts. Canadians seeking sheltered exposure usually use a listed crypto ETF inside a TFSA or RRSP instead.
Is Ondo U.S. Dollar Token a good investment?
That depends entirely on your financial plan, time horizon, and risk tolerance. We treat crypto as a small speculative satellite position, never core capital. Speak with a CFP® or CIM® before allocating.
Talk to a CFP® or CIM® at Evermore
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