Current ONX Price Overview
As of the latest data, the live OnX Finance price is $0.006509 USD. This represents a 24-hour trading volume of $58,906. Over the past day, the price change for ONX is listed as -2.37% against Bitcoin, though its USD change is currently noted as N/A. The current circulating supply is 9.88 million ONX, with a maximum supply capped at 10 million tokens. The total supply figure shown is 787,439 ONX.
Its market capitalization stands at $64,333, ranking it at #4407 among all cryptocurrencies.
Understanding OnX Finance (ONX)
OnX Finance is a decentralized finance (DeFi) project operating primarily on the Ethereum blockchain. Its core mission is to provide a suite of yield-optimization tools and services, allowing users to maximize returns on their crypto assets through various sophisticated strategies. The platform is designed for users who wish to engage in advanced yield farming and liquidity provision.
The project's native utility token, ONX, is integral to its ecosystem. It is used for governance, allowing holders to vote on key protocol decisions, and may provide additional benefits like fee discounts or rewards within the OnX Finance platform.
Key Market Data and Metrics
- Live Price: $0.006509 USD
- 24h Trading Volume: $58,906 USD
- Market Cap: $64,333 USD
- Market Rank: #4407
- Circulating Supply: 9,880,000 ONX
- Max Supply: 10,000,000 ONX
Historical price data for 24-hour high/low, 7-day high/low, and all-time high/low is currently not available (N/A), which can be common for newer or lower-market-cap assets with less established trading history across major exchanges.
How to Convert ONX to USD
You can easily check the conversion rate between OnX Finance (ONX) and US Dollars or any other fiat currency. A simple calculation shows that 1 ONX equals $0.006509 USD. It is crucial to remember that this rate is for reference only, as cryptocurrency prices are highly volatile and can change in real-time across different trading platforms.
For the most accurate and up-to-date conversions, always use a reliable live price converter tool. 👉 Check the latest conversion rates here
Essential Project Links and Information
For those interested in exploring the OnX Finance project further, here are some fundamental resources:
- Official Website: The primary source for information on the protocol, its products, and roadmap.
- Blockchain Explorer: You can view all transactions, token holdings, and smart contract interactions for ONX on Etherscan using its official Ethereum contract address:
0xe0ad1806fd3e7edf6ff52fdb822432e847411033. - Source Code: The project's GitHub repository is publicly available for transparency and community review.
Engaging with a project's official channels is a critical step for any investor before committing funds.
The Role of ONX in DeFi
OnX Finance positions itself within the competitive yield aggregation sector of DeFi. Yield aggregators automatically move users' funds between different liquidity pools to chase the highest possible Annual Percentage Yield (APY). This automates a process that would otherwise be highly complex and time-consuming for individual users.
Holding the ONX token potentially allows users to participate in the governance of this system and share in the success of the platform, making it more than just a speculative asset.
Frequently Asked Questions
What is OnX Finance (ONX)?
OnX Finance is a DeFi protocol focused on yield optimization. Its native token, ONX, is used for governance and potentially for earning rewards within its ecosystem of products, which aim to simplify maximizing returns from cryptocurrency holdings.
How can I buy OnX Finance (ONX)?
ONX tokens are traded on various cryptocurrency exchanges. To purchase them, you typically need to create an account on a supporting exchange, deposit funds (like USD, BTC, or ETH), and then place an order for ONX. Always ensure you are using a reputable and secure platform for your transactions.
What is the total supply of ONX tokens?
The maximum supply of ONX tokens is hard-capped at 10 million. The current circulating supply is approximately 9.88 million tokens.
Why is some historical price data shown as N/A?
Certain price metrics, like the 24-hour high/low or all-time high, may show as N/A (Not Available) on some tracking sites. This usually occurs when there is insufficient recent trading data on the specific exchanges that the tracker pulls from, which is common for newer or smaller-market-cap tokens.
Is OnX Finance a good investment?
All cryptocurrency investments carry inherent risk, especially tokens with lower market capitalization like ONX. Their prices can be extremely volatile. It is essential to conduct thorough personal research (DYOR), understand the project's fundamentals, and only invest what you are willing to lose.
Where can I safely store my ONX tokens?
Since ONX is an ERC-20 token on the Ethereum blockchain, it can be stored in any wallet that supports Ethereum-based assets. This includes hardware wallets (like Ledger or Trezor) for maximum security, software wallets (like MetaMask), or even on reputable exchanges, though the latter is generally less secure for long-term holding.