$COINon (Coinbase Tokenized Stock via Ondo) trades around $180–$182 USD, with a market cap of approximately $6–$6.3 million and 24-hour trading volume of $1.7–$1.9 million.
It provides tokenized on-chain exposure to Coinbase (COIN) stock price, backed by Ondo Finance for compliant RWA representation (economic exposure similar to holding COIN shares, often with dividend reinvestment mechanics).
Recent performance shows minor downside ~1.5–2% in the last 24 hours, tracking Coinbase stock's fluctuations amid broader market sentiment.
Liquidity is solid on supported platforms, with circulating supply around 34K–35K tokens; all-time high was ~$398 in late 2025, now down significantly but stable near current levels.
As a tokenized real-world asset, sentiment ties closely to traditional COIN stock trends (exchange performance, crypto regulation news).
Overall, $COINon offers reliable crypto-native access to Coinbase equity exposure with moderate volatility linked to stock market dynamics.