Last updated:--
View ChartMaxLinear Tokenized Stock (Ondo) (MXLON) is a tokenised real-world asset (RWA) that represents the Ondo Tokenized version of MaxLinear Inc, a US common stock trading under the ticker MXL. Issued through Ondo Finance's tokenised stock platform, Ondo Stocks, MXLON gives tokenholders economic exposure similar to holding MXL shares and reinvesting any dividends. The asset is classified as a digital cryptocurrency and is listed under the Ondo Stocks Ecosystem and Tokenized Assets categories. It is deployed on Solana and BNB Smart Chain (BEP20), with an additional Ethereum ERC-20 contract referenced. Each token is backed by the corresponding security held through licensed US custodial broker-dealers. As a tokenised stock, MXLon's supply expands or contracts with real-time minting and redemption demand through Ondo Global Markets; CoinMarketCap currently lists a total and circulating supply of 34 MXLon. MXLON is an early-stage tokenised equity product within a platform that has scaled rapidly since launching in September 2025.
MXLON is issued by Ondo Finance through its Ondo Global Markets and Ondo Stocks platform. Ondo Finance is the entity behind the tokenised stock product line, and the platform's public communications, website, and X account are attributed to Ondo Finance. The underlying asset is MaxLinear Inc, a US publicly traded company whose common stock trades under the ticker MXL. MXLON is issued by Ondo Finance through its Ondo Global Markets and Ondo Stocks platform; the underlying asset is MaxLinear Inc (MXL), a US-listed company. The platform operates through licensed US custodial broker-dealers that hold the corresponding securities backing each token.
MXLON functions as a tokenised representation of MaxLinear Inc common stock. Ondo tokenised stocks enable non-US retail and institutional users around the world to instantly mint and redeem tokenised US stocks and ETFs, 24 hours a day, five days a week, with full access to traditional exchange liquidity. Each token is backed by the corresponding security held through licensed US custodial broker-dealers. The token is issued across multiple networks, including Solana and BNB Smart Chain, with an Ethereum ERC-20 contract also referenced. Tokenholders receive economic exposure similar to holding MXL and reinvesting any dividends. Beyond passive exposure, MXLON can be used as collateral for leveraged trades through Ondo Perps, allowing traders to access leverage without selling their equity exposure first. The token is listed on Solana's token registry; listing is not an endorsement of the asset or a guarantee of future performance.
MXLON's primary distinction is that it brings a US common stock onchain through Ondo's tokenised stock infrastructure, which holds above $1 billion in value and supports more than 440 tokenised US stocks and ETFs. Ondo Global Markets surpassed $1 billion in Total Value Locked, a first for tokenised stocks, reaching the milestone in under eight months with over 70% market share among tokenised equity issuers and $18 billion in cumulative trading volume. Ondo Stocks holds about $1.01 billion in total value locked and has processed $27 billion in cumulative trading volume since launching in September 2025; centralised exchanges alone account for $18 billion of that volume. MXLON benefits from this infrastructure by offering continuous mint-and-redeem access, integration with decentralised and centralised venues, and collateral utility through Ondo Perps. Its multi-chain deployment across Solana, BNB Smart Chain, and Ethereum broadens accessibility. For investors seeking tokenised exposure to MaxLinear without direct custody of the underlying equity, MXLON provides a composable, blockchain-native alternative.
MXLON is used primarily to gain economic exposure to MaxLinear Inc (MXL) common stock, including the reinvestment of any dividends, without holding the traditional equity directly. It can be bought, sold, or swapped on supported venues, including Solflare Wallet on Solana, where users can access smart order routing across major Solana DEXes, set limit orders, or use dollar-cost averaging. MXLON also serves as collateral for leveraged trades via Ondo Perps, allowing traders to maintain equity exposure while accessing additional trading strategies. Leveraged positions can be liquidated if the collateral value falls, and the token's very low liquidity can widen spreads and increase execution risk. The token can be traded directly from TradingView charts by connecting a broker account, and MetaMask's converter page quotes MXLon against other assets, for example 1 MXLon equals 2.6308 COROon. Its availability across centralised exchanges, decentralised venues, and primary mint-and-redeem flows makes it usable for both directional exposure and portfolio composability within the Ondo ecosystem.
The Ondo Stocks platform has expanded rapidly since its September 2025 launch. Ondo Global Markets surpassed $1 billion in Total Value Locked, announced May 11, 2026, with over 70% market share among tokenised equity issuers and $18 billion in cumulative trading volume. The platform supports more than 440 tokenised US stocks and ETFs. May 11, 2026 — Ondo Global Markets surpassed $1 billion in total value locked, a first for tokenised stocks. In August 2026, Ondo expanded Perps collateral to let traders use tokenised stocks as collateral for leveraged trades. Ondo Perps, launched in July, has recorded more than $8 billion in cumulative trading volume, including over $5 billion in the past 30 days. Ondo's overall product suite has crossed 200,000 holders, of which Ondo Stocks accounts for 186,636 cumulative holders (as reported by Ondo in August 2026). Ondo's tokenised Treasury product USDY has grown to $2.15 billion in total asset value across 12 networks, more than doubling since the start of 2026 (as reported in August 2026). MXLON sits within this expanding tokenised equity ecosystem, though its own liquidity and holder base remain limited relative to the broader platform.
MXLON is not mined through proof-of-work or traditional mining mechanisms. It is a tokenised real-world asset issued by Ondo Finance, meaning tokens are minted and redeemed through the Ondo Stocks platform rather than produced by mining hardware or staking rewards. There is no consensus mining process associated with the token itself; its issuance is tied to the underlying MaxLinear Inc common stock held through licensed US custodial broker-dealers. Users obtain MXLON by purchasing it on supported venues or through primary mint-and-redeem flows where available. Staking is not a native feature of the token, though it can be used as collateral within Ondo Perps for leveraged trading strategies. Because MXLON represents a tokenised equity rather than a native blockchain asset, mining and staking do not apply to its acquisition or distribution model.
Because MXLON is deployed on Solana, BNB Smart Chain, and Ethereum, holders should use wallets compatible with those networks. Solflare is a non-custodial Solana wallet that supports MXLON, allows users to control their private keys, supports hardware wallet integration, and includes a built-in Privacy Aggregator for optional private transfers. Users should verify contract addresses before interacting with any token, since MXLON's Solana contract is aGn43ed4kjATwbVqsAuwAT24XcG9xABCcyQsFpqondo and its Ethereum ERC-20 contract is 0xD1C3bF5DdE6ee17Ae2a472a8C4f0258e0B350cb4. No contract security audit has been submitted for the Ethereum contract, according to Etherscan. Hardware wallets are recommended for larger holdings, and seed phrases should never be shared. Given the token's very low liquidity and small holder base, investors should be aware of elevated volatility and execution risk. Ondo Stocks remains limited to eligible non-US persons, and Ondo Perps is unavailable in the United States and other restricted jurisdictions. Token verification on Solana's registry does not guarantee future price performance. Users should also review platform disclaimers regarding affiliate links and compensation on data aggregator pages.
Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)
Choose MaxLinear Tokenized Stock (Ondo) products that suit your trading style
Thank you for your interest in BTCC. Currently, spot and futures trading services for MXLON are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of MaxLinear Tokenized Stock (Ondo) (MXLON) is A$96.72. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated MXLON to USD rate at the top of BTCC’s price page. In terms of market scope, MaxLinear Tokenized Stock (Ondo) records a 24h trading volume of A$369.67K (reflecting total buying and selling activity over the last 24 hours), with a total market cap of A$9.73K. Its current circulating supply stands at 100.95 out of a maximum supply cap of ∞.
The price volatility of MaxLinear Tokenized Stock (Ondo) (MXLON) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Reserve Bank of Australia (RBA) or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (100.95) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, MaxLinear Tokenized Stock (Ondo) (MXLON) hit an all-time high (ATH) of A$187.75 on 2026-07-01 01:05, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at A$79.86 on 2026-07-29 16:50. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading MXLON futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (A$369.67K), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s MXLONUSDT perpetual contracts support two-way trading. If you anticipate a price decline for MaxLinear Tokenized Stock (Ondo), simply log into your BTCC account with USDT margin available, navigate to the MXLONUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for MXLONUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: A$96.72), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for MXLONUSDT with zero financial risk.
Trading MaxLinear Tokenized Stock (Ondo) (MXLON) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for MXLONUSDT, and review its live price (A$96.72) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.