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Current published record

Ondo

ONDO · ethereum · Token

Shariah standard

The only standard that has reviewed this coin so far.

Fasset Shariah Reports v2026.07-pack.1 · Eligible
Eligible

The retained Fasset asset profile records the explicit verdict Shariah Compliant. HilalMarkets identity and use-specific coverage are reviewed separately and no missing source fact was inferred.

Standard usedFasset Shariah Reports v2026.07-pack.1
Decision made2026-07-24 16:50:23 UTC
Published2026-07-24 16:50:23 UTC
Evidence last checked2026-07-24 14:25:36 UTC
Evidence expires2026-07-25 07:26:50 UTC
Next source check2026-08-04 17:15:42 UTC
Back to the list Open the full report
What this result is

A screening result for this coin, under the one standard named above, on the date named above. It is not a universal religious ruling, and it is not approval of every way the coin can be used.

Why this result

The short reasons a reviewer recorded. The criterion-by-criterion detail is under Evidence.

  • Automatically published the exact compliant asset-level reference from Fasset published Shariah Reports; AI factual research remains separately labelled and does not determine the status.

What this covers

A result for the coin is not a result for everything you can do with it. Each use is decided on its own.

Asset-level Fasset reference Covered

Automated publication retains only the external asset-level reference and HilalMarkets spot monitoring scope. Other product uses remain separate and are not covered by this automation.

Scope: Only the exact asset-level external reference.

Based on: Reviewer-approved use decision

Checked 2026-07-24 16:50:23 UTC

Spot ownership and market monitoring Covered

Automated publication retains only the external asset-level reference and HilalMarkets spot monitoring scope. Other product uses remain separate and are not covered by this automation.

Scope: Spot monitoring only; no leverage or trade execution.

Based on: Reviewer-approved use decision

Checked 2026-07-24 16:50:23 UTC

Which coin exactly

Many coins share a ticker. A ticker on its own is never treated as proof of which coin was reviewed.

Official nameOndo
SymbolONDO
Networkethereum
TypeToken
Identity stateVerified
Identity checkedDate not kept
Contract addresses1
ethereum 0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3

Where it trades

Whether an exchange lists a coin is separate from whether it passed the review.

Binance · ONDO/USDT · spot Trading now
Bybit · ONDO/USDT · spot Trading now

Evidence

What the reviewer decided on each rule, and the sources behind it. Reviewer decisions and AI-organised facts are kept apart.

Rule by rule

Canonical asset identity Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · bdb84f21-f469-4955-844e-912dcc54a873 · b8333a53-10d4-400b-aa12-8e027ca77f69

Published Fasset reference Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · bdb84f21-f469-4955-844e-912dcc54a873 · b8333a53-10d4-400b-aa12-8e027ca77f69

Evidence completeness and freshness Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · bdb84f21-f469-4955-844e-912dcc54a873 · b8333a53-10d4-400b-aa12-8e027ca77f69

Source scope and exact asset match Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · bdb84f21-f469-4955-844e-912dcc54a873 · b8333a53-10d4-400b-aa12-8e027ca77f69

HilalMarkets use-specific factual review Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · bdb84f21-f469-4955-844e-912dcc54a873 · b8333a53-10d4-400b-aa12-8e027ca77f69

Sources

A live link can change. The saved copy and its fingerprint cannot.

Ondo official documentation Available

Official-source factual information captured for the HilalMarkets profile; it is not unpublished authority reasoning.

Official project source · taken 2026-07-24 14:25:17 UTC

Open the source

Technical details
Saved copyb8333a53-10d4-400b-aa12-8e027ca77f69
Fingerprint29a405f08501b97d06d3b3b1b808eafda1e2f5258f6f68697d7bac75df11faec
Reader versionscrapling-evidence-v1
AI readinggpt-5.4-nano:sharia-factual-dossier-v2
Fasset Shariah Report: Ondo Available

Explicit retained verdict: Shariah Compliant; source reference: profile:51.

Fasset · taken 2026-07-24 07:26:50 UTC

Open the source

Technical details
Saved copyf8cef110-0383-49c2-81df-761ce429a9e0
Fingerprint1ae694209e98aeb690e4b215a670d0c1993d975acf19a1dd83538a3ff7934028
Reader versionmethodology-import-pack:1.0.0
AI readinggpt-5.4-nano:sharia-factual-dossier-v2
Facts gathered about this coin Not a religious decision

These facts were organised by software from published sources. Software cannot approve, reject or set a Shariah status; only the reviewer above can.

Official websitehttps://ondo.foundation/
Official documentationhttps://blog.ondo.foundation/unlocking-ondo-a-proposal-from-the-ondo-foundation/
Primary activityOndo Foundation / Ondo DAO governance and ecosystem initiatives related to ONDO token distribution and DAO-controlled functionality (as described in an Ondo Foundation blog post).
Token role and utilityGovernance token for Ondo DAO; token holders’ rights over Flux Finance parameters and other DAO governance actions; also subject to lock-ups/unlock schedule described by Ondo Foundation.
Asset typetoken
Governance modelEvidenced: Ondo DAO rights include managing a treasury of assets and controlling ONDO emissions; Ondo DAO also has the capability to execute arbitrary function and choose a new admin (per the Ondo Foundation blog post).
TokenomicsEvidenced in part: ONDO max supply stated as 10,000,000,000; initial circulating supply and a global lock-up/unlock schedule are described. The source also states the Ondo Foundation acquired ONDO issuance rights and sold ONDO tokens via CoinList; amounts are given by category (community access sale, ecosystem growth, protocol development, private sales).
Staking and rewardsNot evidenced in the provided official sources.
Lending borrowingThe provided source describes Flux Finance as a lending protocol governed by the Ondo DAO (token holders can list/pause fToken markets and update interest rate models/oracles). Specific ONDO participation as a lender/borrower or yield mechanism is not evidenced in the provided source.
Interest or yieldThe provided source describes Flux Finance as a lending protocol governed by the Ondo DAO (token holders can list/pause fToken markets and update interest rate models/oracles). Specific ONDO participation as a lender/borrower or yield mechanism is not evidenced in the provided source.
Derivatives and prediction productsNot evidenced in the provided official sources.
Treasury and revenueEvidenced: Ondo DAO rights include managing a treasury of assets and controlling ONDO emissions; Ondo DAO also has the capability to execute arbitrary function and choose a new admin (per the Ondo Foundation blog post).
Backing redemption or collateralEvidenced in part: ONDO max supply stated as 10,000,000,000; initial circulating supply and a global lock-up/unlock schedule are described. The source also states the Ondo Foundation acquired ONDO issuance rights and sold ONDO tokens via CoinList; amounts are given by category (community access sale, ecosystem growth, protocol development, private sales).
Plain language profileOndo Foundation / Ondo DAO governance and ecosystem initiatives related to ONDO token distribution and DAO-controlled functionality (as described in an Ondo Foundation blog post). Governance token for Ondo DAO; token holders’ rights over Flux Finance parameters and other DAO governance actions; also subject to lock-ups/unlock schedule described by Ondo Foundation.
ProvenanceHILALMARKETS_AI_ENRICHMENT_UNVERIFIED
Last evidence verification2026-07-24T14:25:36.525293+00:00
Evidence expires at2026-07-25T07:26:50.003280+00:00
Next governance review at2026-07-25T16:50:23.822202+00:00
NoticeHilalMarkets factual research is not Fasset's unpublished reasoning and is not an independent religious ruling.
Gaps in the evidence

Fasset Shariah Reports page row/record that specifically identifies ONDO (ONDO symbol and/or the provided Ethereum contract 0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3) as “Shariah Compliant” (or not). The provided import pack excerpt does not include an ONDO-specific row. · Any Fasset Shariah Reports detailed extraction fields for ONDO (e.g., protocol purpose, token utility, transaction validation, and specific verdict impermissibilities) needed to build an asset-level factual profile from the sharia report. · On-chain / contract-level confirmation that the listed contract address corresponds to the canonical ONDO token referenced by any sharia report entry (contract-to-row mapping). · Evidence about native staking functionality for ONDO (if any), including whether ONDO is used for staking/rewards and the reward source. · Evidence about third-party lending/yield products specifically involving ONDO (separate from Flux Finance governance description). · Evidence about derivatives exposure/issuance referencing ONDO.

History

Older events stay visible after newer versions replace them.

The human decision

DecisionApproved
Who decidedExternal reference automation
When2026-07-24 16:50:23 UTC
Published2026-07-24 16:50:23 UTC

Automatically published the exact compliant asset-level reference from Fasset published Shariah Reports; AI factual research remains separately labelled and does not determine the status.

Everything that happened

  • Reviewer decision

    Automatically published the exact compliant asset-level reference from Fasset published Shariah Reports; AI factual research remains separately labelled and does not determine the status.

    2026-07-24 16:50:23 UTC · Amr · start → approved
  • Status changed

    Automatically published the exact compliant asset-level reference from Fasset published Shariah Reports; AI factual research remains separately labelled and does not determine the status.

    2026-07-24 16:50:23 UTC · External authority reference automation · start → eligible
  • Published

    The reviewed decision was published as an immutable Passport version.

    2026-07-24 16:50:23 UTC · Hilal Markets · start → published

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