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View ChartChevron Tokenized Stock (Ondo) (CVXON) is a tokenized representation of Chevron Corporation equity issued through Ondo Global Markets. It provides tokenholders with economic exposure similar to holding CVX shares while reinvesting any dividends. The token is issued by Ondo and structured as a Real World Asset (RWA) in the tokenized stock category. It enables eligible non-U.S. retail and institutional users to mint and redeem tokenized U.S. stocks around the clock, five days a week, with access to traditional exchange liquidity. CVXON is deployed natively on Ethereum, BNB Chain, and Solana, using ERC-20, BEP20, and token-2022 standards respectively. Total and circulating supply are reported at approximately 13.06K CVXON (CoinDesk), with RWA.xyz listing 12,960.03 tokens on-chain, and there is no maximum supply cap. The project launched in July 2025 and remains in an early growth phase. Market capitalization is modest and fluctuates with the underlying Chevron share price.
CVXON is issued by Ondo Global Markets, the platform behind Ondo Finance's tokenized asset products. The tokenization infrastructure involves several service providers: Alpaca Securities LLC serves as custodian, traditional broker, and transfer agent; BitGo acts as crypto custodian; Ondo Stocks functions as fund administrator; and BPM UK Audit Ltd provides auditing services. The issuer is Ondo Global Markets, domiciled in the British Virgin Islands. CVXON is issued by Ondo Global Markets and structured through institutional service providers — Alpaca Securities LLC (custodian, broker and transfer agent), BitGo (crypto custody), Ondo Stocks (fund administrator) and BPM UK Audit Ltd (auditor).
CVXON operates as a distributed tokenization product. Eligible non-U.S. investors can mint tokens instantly by depositing USDC as the base asset, and redeem them instantly back into USDC. The token provides economic exposure similar to holding Chevron Corporation stock and reinvesting dividends. According to Ondo Finance, 1 CVXon corresponds to 1.0275 CVX, reflecting accumulated reinvested dividends. Ondo's platform connects tokenized assets to traditional exchange liquidity, allowing users to access U.S. stock market exposure around the clock, five days a week. The underlying Chevron Corporation equity is held by Alpaca Securities LLC as custodian, while BitGo safeguards the crypto assets. The token exists natively on three blockchains — Ethereum, BNB Chain, and Solana — with deployment dates of July 23, 2025 for Ethereum, October 9, 2025 for BNB Chain, and January 20, 2026 for Solana. The token is deployed natively on Ethereum (July 23, 2025), BNB Chain (October 9, 2025) and Solana (January 20, 2026), with the large majority of supply on Ethereum.
CVXON offers several distinctive features. It provides 24/5 access to tokenized Chevron equity, allowing non-U.S. investors to gain exposure to one of the world's largest energy companies without directly accessing U.S. markets. The zero-fee structure for management, performance, subscription, and redemption makes it cost-efficient for eligible investors. Instant minting and redemption with USDC as the base asset provides liquidity and flexibility. The multi-chain deployment across Ethereum, BNB Chain, and Solana gives users flexibility in choosing their preferred network. Chevron Corporation is a major U.S. multinational energy company whose shares underlie the token. This token bridges traditional energy sector exposure with blockchain-based accessibility for non-U.S. investors.
CVXON is primarily used to gain economic exposure to Chevron Corporation stock without holding traditional shares. Eligible non-U.S. retail and institutional users can use it to diversify their portfolios with energy sector exposure in tokenized form. The token enables instant minting and redemption with USDC, making it useful for investors seeking liquidity and flexibility. It can be traded on supported platforms and used within the broader Ondo ecosystem of tokenized stocks and ETFs. The token also serves as a tool for accessing U.S. equity markets for users who may face restrictions or barriers in traditional brokerage systems. Its availability on multiple blockchains allows for integration into various decentralized finance applications and wallet services.
The CVXON ecosystem is part of Ondo's broader tokenized stock and ETF offerings. Ondo's tokenized lineup includes SPYon, QQQon, NVDAon and CRCLon. On-chain activity remains small relative to traditional equity markets, with a limited number of holders and modest transfer volume. The token has expanded from Ethereum to BNB Chain and Solana, demonstrating ongoing multi-chain development. CVX.ON/USDT pairs are listed on several exchanges, including Gate.io, LBank, MEXC and XT. CVXON is tracked by major market data providers, reflecting its position among tokenized equity products.
CVXON is not mined through traditional proof-of-work or proof-of-stake mechanisms. Instead, tokens are minted by Ondo Global Markets when eligible non-U.S. investors deposit USDC as the base asset. The minting process is instant, and redemption back to USDC is also instant. There is no mining equipment, staking requirement, or validator participation involved. Token creation is managed through the Ondo platform infrastructure, with Alpaca Securities LLC holding the underlying Chevron equity and BitGo providing crypto custody. Users who wish to acquire CVXON must do so through supported platforms by completing the appropriate eligibility verification as non-U.S. investors, then minting with USDC or purchasing on supported markets.
To keep CVXON safe, use a reputable self-custody wallet that supports ERC-20, BEP20, or token-2022 standards depending on which blockchain network you choose. Store your private keys or seed phrase securely offline and never share them with anyone. Verify contract addresses before interacting with any token: the Ethereum contract is 0x8F3E41b378ae010c46d255F36bFC1D303b52dceb, the BNB Chain contract is 0xd3113a0ad20a46f6a662c63fe8e637f7713e59c7, and the Solana contract is 7tgKziACteG26VjV5xKufojKxwTgCFyTwmWUmz5ondo. Be aware that CVXON is available only to non-U.S. investors and additional restrictions apply. Consider using hardware wallets for larger holdings, enable two-factor authentication where available, and regularly review your security setup. The offering is made under the Reg. S exemption of the U.S. Securities Act and is restricted to non-U.S. investors. Ensure you understand the legal and compliance requirements in your jurisdiction before acquiring or holding CVXON.
CVXON carries risks that investors should weigh carefully. Its price can fluctuate with the underlying Chevron share price and with broader crypto market conditions, and tokenized equity products may trade at a premium or discount to the underlying shares. Regulatory treatment of tokenized securities can change, and access may be restricted or withdrawn in certain jurisdictions. Technical risks include smart contract vulnerabilities, network congestion or outages on the supporting blockchains, and reliance on the issuer and its service providers for custody and administration. These points are not exhaustive, and holding CVXON is not suitable for every investor.
For informational purposes only; not investment advice.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for CVXON 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 Chevron Tokenized Stock (Ondo) (CVXON) is $238.48. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated CVXON to USD rate at the top of BTCC’s price page. In terms of market scope, Chevron Tokenized Stock (Ondo) records a 24h trading volume of $1.31M (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $3.15M. Its current circulating supply stands at 13.1K out of a maximum supply cap of ∞.
The price volatility of Chevron Tokenized Stock (Ondo) (CVXON) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (13.1K) 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, Chevron Tokenized Stock (Ondo) (CVXON) hit an all-time high (ATH) of $240.5 on 2026-10-24 03:45, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $147.47 on 2025-12-16 18:00. 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 CVXON 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 ($1.31M), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s CVXONUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Chevron Tokenized Stock (Ondo), simply log into your BTCC account with USDT margin available, navigate to the CVXONUSDT 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 CVXONUSDT 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: $238.48), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for CVXONUSDT with zero financial risk.
Trading Chevron Tokenized Stock (Ondo) (CVXON) 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 CVXONUSDT, and review its live price ($238.48) 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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