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View ChartTsakos Energy Navigation Tokenized Stock (Ondo) (TENON) is a tokenized version of the U.S.-listed equity Tsakos Energy Navigation (TEN), issued by Ondo Finance. It provides tokenholders with economic exposure similar to holding TEN shares and reinvesting any dividends. The underlying company, Tsakos Energy Navigation Limited, provides seaborne crude oil and petroleum product transportation services internationally, operating a fleet that includes VLCC, Suezmax, Aframax, Panamax, Handysize, MR, LNG carrier, and shuttle DP2 tankers. The token is issued on Solana, with additional deployments on Ethereum and BNB Chain. TENON is part of the broader Ondo Stocks Ecosystem and the Real World Assets category. According to CoinMarketCap, the token was listed on 2026-06-23. Total supply figures vary across data sources, ranging from approximately 4.55 to 13.46 TENON depending on the reporting platform and date. The project is in an early-stage phase, with a limited number of holders and a single active trading market reported by several data providers.
TENON is issued by Ondo Finance as the Ondo Tokenized version of Tsakos Energy Navigation (TEN). Ondo Finance enables 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. The underlying company, Tsakos Energy Navigation Limited, was incorporated in 1993 and is based in Athens, Greece. It was formerly known as MIF Limited and changed its name to Tsakos Energy Navigation Limited in July 2001. The Founder, President and CEO of Tsakos Energy Navigation is Nikolas Tsakos, also referred to as Dr. Nikolaos P. Tsakos. In October 2023, Dr. Nikolaos P. Tsakos, Founder, CEO, and his family hosted an event in New York City along with members of the executive team. The token is issued by Ondo Finance, whose official product page is https://app.ondo.finance/ and whose social account is https://twitter.com/ondofinance.
TENON operates as a tokenized representation of Tsakos Energy Navigation (TEN) stock, issued on Solana with additional deployments on Ethereum and BNB Chain. Ondo tokenized stocks allow eligible users to mint and redeem tokenized U.S. stocks and ETFs around the clock, five days a week, with full access to traditional exchange liquidity. Tokenholders receive economic exposure similar to holding TEN and reinvesting any dividends. CoinMarketCap tags the token under the Ethereum, Solana, and BNB Chain ecosystems, while listing Solana as its chain; contract addresses are recorded on all three networks. As of the MasterDEX snapshot dated Sep 22, 2026, the token had one market pair, with volume reported as 0% CEX and 100% DEX. Additional restrictions apply to Ondo tokenized stocks, limiting access for certain users. The token's value is designed to track the underlying TEN equity, a U.S.-listed stock with ticker TEN.
TENON's primary distinction is that it brings exposure to a real-world shipping and energy transportation company into tokenized form. Tsakos Energy Navigation Limited operates a diversified fleet of crude oil and petroleum product tankers, LNG carriers, and shuttle tankers, serving national, major, and other independent oil companies and refiners. For tokenholders, TENON offers the potential for economic exposure to this business combined with the programmability and accessibility of blockchain-based assets. Ondo Finance's infrastructure provides minting and redemption access to traditional exchange liquidity, which is a key differentiator compared to purely crypto-native assets. The token is part of a broader ecosystem of tokenized stocks that includes major equities and commodities.
TENON is used to gain economic exposure to Tsakos Energy Navigation (TEN) stock without directly holding the U.S.-listed equity. Tokenholders are entitled to economic benefits similar to holding TEN and reinvesting any dividends. The token can be minted and redeemed through Ondo Finance's platform, providing access to traditional exchange liquidity for eligible non-US retail and institutional users. It can also be traded on decentralized markets, as indicated by the single active market pair and 100% DEX volume breakdown reported by MasterDEX. TENON is listed among Real World Assets on CoinMarketCap and is part of the Ondo Stocks Ecosystem. Eligible users can mint and redeem TENON through Ondo Finance's platform at https://app.ondo.finance/. The token may also serve as a portfolio diversification tool for crypto-native investors seeking exposure to the energy and shipping sectors.
The TENON ecosystem is in an early stage of development. It is part of the Ondo Stocks Ecosystem, which includes other tokenized stocks such as Nvidia Corp (NVDA), Apple Inc. (AAPL), Alphabet Inc Class A (GOOGL), Microsoft Corp (MSFT), Amazon.com Inc (AMZN), Tesla, Inc. (TSLA), Meta Platforms, Inc. (META), and many others listed under Popular Real World Assets on CoinMarketCap. CoinMarketCap tags the token under the Ethereum, Solana, and BNB Chain ecosystems, while listing Solana as its chain; contract addresses are recorded on all three networks. According to CoinMarketCap, the token trades on 1 active market; volume figures vary across data providers and should be checked on the live listing page. Holders number 22 according to CoinMarketCap. According to CoinMarketCap, the token was listed on 2026-06-23. Its development will likely depend on broader adoption of tokenized equities and Ondo Finance's continued expansion of its global markets product.
TENON is not mined through proof-of-work or traditional mining mechanisms. It is a tokenized asset issued by Ondo Finance on Solana, with additional deployments on Ethereum and BNB Chain. TENON has no mining algorithm or block reward of its own; it is a tokenized asset minted and redeemed through Ondo Finance on Solana, with additional deployments on Ethereum and BNB Chain, and it relies on those networks' consensus for settlement. Token creation occurs through minting on the Ondo Finance platform, where eligible users can mint and redeem tokenized U.S. stocks and ETFs. Users seeking to acquire TENON would typically do so through minting on the official platform or through decentralized trading venues, subject to applicable restrictions.
Securing TENON requires standard best practices for Solana-based and multi-chain tokens. Store tokens in a reputable self-custody wallet that supports Solana and any other networks where TENON is available, such as Ethereum or BNB Chain. Never share private keys or seed phrases with anyone. Verify the contract address before interacting: Solana contract micfqeFfvD9iDKKzuqRHXerFxG8K5VfY8CgrcQoondo, with Ethereum and BNB Chain deployments listed on the official block explorers. Use hardware wallets for significant holdings. Be aware that Ondo tokenized stocks carry additional restrictions, and only interact with official Ondo Finance platforms and verified decentralized exchanges. Since TENON is a tokenized equity product, it may be subject to regulatory and jurisdictional limitations. Always confirm the authenticity of any platform before minting, redeeming, or trading. Keep software wallets and firmware updated to protect against known vulnerabilities.
Tokenized equity products carry risks that investors should weigh carefully. The token's price can fluctuate with the underlying equity and with market liquidity, and it may trade at a premium or discount to the reference stock. Regulatory treatment of tokenized securities varies by jurisdiction and can change, which may affect availability, transferability, or redemption. Technical risks include smart-contract vulnerabilities, bridge or deployment issues across multiple networks, and the possibility of platform or custody failures. These points are presented as general considerations, not as predictions or recommendations.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for TENON 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 Tsakos Energy Navigation Tokenized Stock (Ondo) (TENON) is $45.89. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated TENON to USD rate at the top of BTCC’s price page. In terms of market scope, Tsakos Energy Navigation Tokenized Stock (Ondo) records a 24h trading volume of $193.47 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $779.44. Its current circulating supply stands at 17.08 out of a maximum supply cap of ∞.
The price volatility of Tsakos Energy Navigation Tokenized Stock (Ondo) (TENON) 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 (17.08) 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, Tsakos Energy Navigation Tokenized Stock (Ondo) (TENON) hit an all-time high (ATH) of $58.43 on 2026-10-14 02:00, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $36.95 on 2026-07-09 15:05. 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 TENON 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 ($193.47), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s TENONUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Tsakos Energy Navigation Tokenized Stock (Ondo), simply log into your BTCC account with USDT margin available, navigate to the TENONUSDT 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 TENONUSDT 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: $45.89), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for TENONUSDT with zero financial risk.
Trading Tsakos Energy Navigation Tokenized Stock (Ondo) (TENON) 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 TENONUSDT, and review its live price ($45.89) 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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