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View ChartFormFactor Tokenized Stock (Ondo) (FORMON) is a tokenized equity product issued by Ondo Finance that provides tokenholders with economic exposure similar to holding FormFactor Inc. common stock (ticker: FORM) while reinvesting any dividends. Built on Ethereum as an ERC-20 token, FORMON is also available on Solana and BNB Chain through Ondo Finance. The token is designed for non-U.S. retail and institutional users who want instant minting and redemption of tokens providing price exposure to U.S. stocks and ETFs, 24 hours a day, five days a week. The underlying reference asset is FormFactor Inc. common stock, and the product is part of Ondo Stocks, a platform bringing traditional public securities onchain with tokens that are freely transferable and usable in DeFi.
According to CoinMarketCap's registry data (as of 2026-10-23), circulating and total supply are both 8 FORMON.
FormFactor Tokenized Stock (Ondo) is issued by Ondo Finance. According to CoinGecko, Ondo Finance is the issuer of the tokenized FormFactor product listed there. Ondo Finance is led by Founder and CEO Nathan Allman, who has spoken at industry events such as Chainlink SmartCon to discuss Ondo's tokenization solutions. At the parent-issuer level, Ondo describes its mission as designing institutional-grade platforms, assets, and infrastructure to bring financial markets onchain, framing this as building the foundation for the future of finance and the Open Economy, bridging traditional finance (TradFi) and DeFi. The company operates an asset management arm that creates and manages tokenized financial products, as well as a technology arm that develops infrastructure. The product is issued by Ondo Finance, whose founder and CEO is Nathan Allman.
FORMON is built directly on Ethereum, described as the most battle-tested smart-contract platform with unparalleled developer tooling and liquidity. The Ethereum contract is a BeaconProxy (proxy pattern) with source code verified on Etherscan. The contract uses a UI Multiplier mechanism based on the UIMultiplierUpdated event, meaning displayed token amounts are scaled by the active multiplier. Ondo tokenized stocks enable non-U.S. retail and institutional users around the world to instantly mint and redeem tokens providing price exposure to U.S. stocks and ETFs, 24 hours a day, five days a week, subject to certain exceptions impacting availability. Additional restrictions apply. Ondo's broader technology stack includes Nexus, which enables issuers of tokenized US Treasuries and stablecoins to offer instant minting and redemption to their clients. Ondo's tokenized equities leverage Chainlink price feeds, allowing assets like SPYon, QQQon, and TSLAon to be used as collateral in DeFi lending. Ondo is also developing Ondo Chain, described by a partner as an innovation that has the potential to help move institutions and capital markets onchain.
FORMON offers several distinctive features. It provides tokenholders with economic exposure similar to holding FORM and reinvesting any dividends, without requiring direct ownership of the underlying U.S. equity. The token is freely transferable and usable in DeFi, allowing holders to swap, stake, use as collateral, and potentially trade prediction markets or perpetuals. Ondo Finance issues tokenized equities through its Ondo Stocks platform, which the issuer describes as bringing traditional public securities onchain. Ondo Stocks hosts a growing roster of tokenized equities and ETFs that are freely transferable and usable in DeFi. The product is not available in the US, and a disclaimer notes that it is not issued, sponsored, endorsed, or affiliated with FormFactor Inc., with the company name and trademarks used solely to identify the underlying reference asset.
FORMON can be used in several ways. According to MetaMask's converter page, FORMON can be bought, sold, swapped across blockchains, and used in prediction markets or perpetual futures; leveraged trading can amplify losses as well as gains. The token provides price exposure to FormFactor Inc. common stock, allowing non-U.S. users to gain exposure to U.S. equities without directly accessing U.S. markets. FORMON also functions within the broader Ondo ecosystem, where tokenized equities can be used as collateral in DeFi lending through Chainlink price feeds. According to MetaMask's converter page, 1 JBLon equals 2.1491 FORMon and 1 TELon equals 1.5454 FORMon. Fiat conversion rates are also available for FORMon against multiple global currencies.
The Ondo ecosystem is actively expanding. Other Ondo products include USDY, a permissionless yield-bearing token, and OUSG, which is designed for institutional investors seeking exposure to short-term U.S. Treasuries. Ondo tokenized stocks enable non-U.S. users to mint and redeem tokens providing price exposure to U.S. stocks and ETFs 24 hours a day, five days a week, subject to availability and additional restrictions. Tokenized securities operate in a developing regulatory environment, and rules for trading them vary by jurisdiction.
FORMON is not mined. It is an ERC-20 token issued by Ondo Finance on Ethereum, Solana and BNB Chain; tokens are minted and redeemed through Ondo's platform against the underlying FormFactor Inc. common stock, subject to availability and additional restrictions, and supply is managed by the issuer rather than by mining emissions. The token can also be acquired through supported trading venues and swapped across blockchains. The token's value is derived from the underlying FormFactor Inc. common stock.
Keeping FORMON safe requires attention to both general cryptocurrency security practices and the specific characteristics of tokenized stocks. Since FORMON is an ERC-20 token on Ethereum and also exists on Solana and BNB Chain, users should use compatible wallets that support these networks and verify contract addresses before interacting with any token. The Ethereum contract address is 0x6401365aA495ca96Bcfcf9c6c47Bd4a590336b00, the BNB Chain contract address is 0xD678F3F86436Ee298d28A3C414c367aDFeD65337, and the Solana token account is ZDnkXeN5awDioQjP691XFLdgZwDAv19g3fCr9KWondo. Contract activity can be verified on Etherscan, BscScan and Solscan. Etherscan notes that no contract security audit has been submitted, and the token reputation is listed as neutral, so users should exercise appropriate caution. Additional risks include the fact that Ondo Stocks is not available in the US, additional restrictions apply, and cryptocurrency prices are highly susceptible to market risk and volatility. Users should only invest in products they are familiar with and fully understand, and should store private keys securely, avoid sharing seed phrases, and use hardware wallets where possible for long-term holdings.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for FORMON 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 FormFactor Tokenized Stock (Ondo) (FORMON) is C$128.74. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated FORMON to USD rate at the top of BTCC’s price page. In terms of market scope, FormFactor Tokenized Stock (Ondo) records a 24h trading volume of C$0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of C$1.18K. Its current circulating supply stands at 8.44 out of a maximum supply cap of ∞.
The price volatility of FormFactor Tokenized Stock (Ondo) (FORMON) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Bank of Canada or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (8.44) 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, FormFactor Tokenized Stock (Ondo) (FORMON) hit an all-time high (ATH) of C$228.16 on 2026-07-01 00:45, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at C$118.11 on 2026-10-30 19:00. 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 FORMON 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 (C$0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s FORMONUSDT perpetual contracts support two-way trading. If you anticipate a price decline for FormFactor Tokenized Stock (Ondo), simply log into your BTCC account with USDT margin available, navigate to the FORMONUSDT 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 FORMONUSDT 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: C$128.74), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for FORMONUSDT with zero financial risk.
Trading FormFactor Tokenized Stock (Ondo) (FORMON) 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 FORMONUSDT, and review its live price (C$128.74) 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.
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