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View ChartMercadoLibre Tokenized Stock (Ondo) (MELION) is a tokenized asset issued through Ondo Finance. It provides tokenholders with economic exposure similar to holding shares of MercadoLibre Inc. (NASDAQ: MELI), the Latin American e-commerce company, while reinvesting any dividends. MELION is described as an ERC-20 token on Ethereum that gives crypto traders on-chain exposure to MercadoLibre Inc. This product is not issued, sponsored, endorsed, or affiliated with MercadoLibre; the company name and trademarks are used solely to identify the underlying reference asset.
Ondo tokenized stocks enable non-US retail and institutional users around the world to instantly mint and redeem tokenized U.S. stocks and ETFs, 24 hours a day, five days a week, with full access to traditional exchange liquidity. Additional restrictions apply, and the product is not available in the US. The token has a total supply of 412 MELIon according to CoinMarketCap registry data, with a circulating supply of 412 MELIon and a circulating supply percentage reported at 100.00%. The asset is categorized under DeFi, Synthetic Assets, Tokenized Stock, Tokenized Assets, Real-World Assets (RWA), Ethereum Ecosystem, Solana Ecosystem, and BNB Chain Ecosystem tags.
MELION is issued by Ondo Finance, the platform behind Ondo Stocks, which brings traditional public securities onchain. Ondo Finance operates the official platform at ondo.finance and provides tokenized stock products through its app. The Ondo Finance team maintains an active presence on Twitter / X at https://twitter.com/ondofinance/. The token is part of a broader suite of Ondo tokenized stocks that includes Coinbase Tokenized Stock (Ondo) (COINON), Reddit Tokenized Stock (Ondo) (RDDTon), Apollo Global Management Tokenized Stock (Ondo) (APOon), and Li Auto Tokenized Stock (Ondo) (LIon). Detailed public information about individual team members behind the Ondo Finance platform is currently limited in the available materials.
Ondo Global Markets is described as the world's largest tokenized real-world asset platform, with over $7B in cumulative volume and over $500 million in total value locked (TVL).
MELION functions as a tokenized representation of MercadoLibre Inc. equity on blockchain networks. Ondo tokenized stocks allow non-US retail and institutional users to instantly mint and redeem tokenized U.S. stocks and ETFs, 24 hours a day, five days a week, with full access to traditional exchange liquidity. The tokens are freely transferable and usable in DeFi applications, bringing traditional public securities onchain. Tokenholders receive economic exposure similar to holding MELI and reinvesting any dividends.
Ondo tokens are backed 1:1 with the underlying asset they represent, and holders can sell them for this value. Ondo tokenized assets use integrated Chainlink data oracles to provide real-time market information.
Buying and selling is generally available 24/5, from 8:05 p.m. ET Sunday through 7:59 p.m. ET Friday; peer-to-peer transfers of MELIon are available 24/7, including weekends and bank holidays.
The token operates on the Ethereum platform as an ERC-20 token. MELIon is registered on Ethereum as an ERC-20 token; its CoinMarketCap tags also list Solana and BNB Chain ecosystems. The underlying equity is MercadoLibre Inc., a Latin American e-commerce company listed on NASDAQ under the ticker MELI. The tokenization process bridges traditional finance and decentralized finance by creating on-chain representations of real-world assets.
MELION combines exposure to a major Latin American e-commerce company with the flexibility of blockchain-based assets. Unlike traditional stock ownership, tokenized stocks like MELION are freely transferable and usable in DeFi, offering composability that conventional equities cannot provide. Unlike the traditional real-world assets they represent, which are historically illiquid, tokenized real-world assets can be used across DeFi to lend, collateralize, and yield farm. The ability to mint and redeem tokens 24 hours a day, five days a week with full access to traditional exchange liquidity represents a significant improvement over traditional market hours and settlement processes.
The asset is categorized under Real-World Assets (RWA), a sector that bridges traditional finance with blockchain technology. Ondo Finance's platform provides global access for non-US retail and institutional users, expanding the investor base for U.S. equities beyond traditional brokerage channels. The token's ecosystem tags include Ethereum, Solana, and BNB Chain, which enhances its accessibility and utility within the broader DeFi landscape. Messari categorizes the asset under DeFi / Synthetic Assets, reflecting its role in the evolving tokenized securities market.
MELION provides tokenholders with economic exposure to MercadoLibre Inc. stock performance while enabling participation in DeFi activities. The token can be used for on-chain trading and for portfolio diversification within cryptocurrency ecosystems. As an ERC-20 token it is transferable and can be used in DeFi applications, subject to platform restrictions. The main tracked market is the MELIon/USDON pair on Ondo; a MELIon/USDC pair is also tracked.
The token allows non-US users to gain exposure to U.S. equities without traditional brokerage accounts, using blockchain infrastructure for settlement and transfer. Ondo tokenized stocks are designed for instant minting and redemption, providing liquidity and accessibility. The asset appeals to crypto traders seeking on-chain exposure to traditional equity markets and investors looking to combine stock market returns with DeFi composability. The token is not available in the US, and additional restrictions apply to its use.
The Ondo Finance ecosystem continues to expand its tokenized stock offerings, with MELION positioned alongside related assets including Coinbase Tokenized Stock (Ondo) (COINON), Reddit Tokenized Stock (Ondo) (RDDTon), Apollo Global Management Tokenized Stock (Ondo) (APOon), and Li Auto Tokenized Stock (Ondo) (LIon). The platform brings traditional public securities onchain, with tokens that are freely transferable and usable in DeFi.
MELION's ecosystem tags include Ethereum, Solana, and BNB Chain, indicating a multi-chain strategy for distribution and accessibility. The token is listed across various data platforms and trackers. The broader Real-World Assets sector on CoinMarketCap includes similar tokenized assets such as Gold (GOLD), Nvidia Corp (NVDA), and others, suggesting growing interest in tokenized traditional assets. Ondo Finance maintains an official platform at app.ondo.finance and provides learn-more resources through its global markets portal.
MELION is not a mined cryptocurrency and does not use a proof-of-work or traditional mining mechanism. MELIon is not mined; new tokens enter circulation when users mint them against the underlying asset through Ondo, and are removed when redeemed, with each token backed 1:1 by the underlying asset. Minting and redemption are available 24 hours a day, five days a week, with full access to traditional exchange liquidity. Additional restrictions apply, and the service is not available in the US.
Tokenholders gain economic exposure similar to holding MELI and reinvesting any dividends. The token operates on Ethereum as an ERC-20 token. There is no mining process, staking mechanism, or consensus participation associated with MELION, as it is a tokenized representation of an underlying equity rather than a native blockchain asset. Users acquire MELION through supported platforms and trading venues rather than through mining activities.
Store MELION in wallets that support ERC-20 tokens on Ethereum, depending on which network version you hold. Verify the correct contract address before any transaction: the Ethereum contract is 0x2816169A49953C548BfEb3948dCF05c4A0E4657D.
Use hardware wallets for significant holdings and never share private keys or seed phrases. Verify contract addresses through official Ondo Finance channels and blockchain explorers before interacting with any token. Be aware that tokenized stocks carry additional restrictions and are not available in the US. Since the asset is freely transferable and usable in DeFi, exercise caution when interacting with smart contracts and only use audited platforms.
Tokenized stocks involve risk. Prices can fluctuate with market conditions, and regulatory policy affecting tokenized securities may change. Technical risks include smart contract vulnerabilities and the operational risks of the issuing platform. These factors should be weighed before acquiring or holding the asset.
MELION can be acquired through supported trading platforms and decentralized exchanges. MELIon can be traded on Ondo (app.ondo.finance) and swapped directly in MetaMask; the MELIon/USDON pair is the main tracked market. To purchase MELION, follow these general steps:
On MetaMask Mobile: open the app, tap Swap, search for the MELIon ticker, review the transaction and tap Submit.
Always verify the authenticity of the token contract and use official Ondo Finance resources for the most current information about supported platforms and trading pairs.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for MELION 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 MercadoLibre Tokenized Stock (Ondo) (MELION) is $1,485.51. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated MELION to USD rate at the top of BTCC’s price page. In terms of market scope, MercadoLibre Tokenized Stock (Ondo) records a 24h trading volume of $1.21K (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $664.83K. Its current circulating supply stands at 447.8 out of a maximum supply cap of ∞.
The price volatility of MercadoLibre Tokenized Stock (Ondo) (MELION) 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 (447.8) 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, MercadoLibre Tokenized Stock (Ondo) (MELION) hit an all-time high (ATH) of $2,533.63 on 2025-09-29 14:20, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $1,471.76 on 2026-11-12 21:05. 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 MELION 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 ($1.21K), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s MELIONUSDT perpetual contracts support two-way trading. If you anticipate a price decline for MercadoLibre Tokenized Stock (Ondo), simply log into your BTCC account with USDT margin available, navigate to the MELIONUSDT 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 MELIONUSDT 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: $1,485.51), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for MELIONUSDT with zero financial risk.
Trading MercadoLibre Tokenized Stock (Ondo) (MELION) 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 MELIONUSDT, and review its live price ($1,485.51) 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.
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