Covalent X Token vs Ondo US Dollar Yield — how do they compare? Covalent X Token trades at Rp42.5 (market cap Rp41,59M, Rp2,62M 24h volume), while Ondo US Dollar Yield trades at Rp20,407 (market cap Rp38,3T, Rp5,06M 24h volume). The key difference: Ondo US Dollar Yield is far larger — about 920894.4× Covalent X Token's market cap, and Covalent X Token's supply is capped (972,3M / 1B CXT (98%)) while Ondo US Dollar Yield's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Covalent X Token for 5 Days and Ondo US Dollar Yield for 20 Days on average.
| CXT | USDY | |
|---|---|---|
Market Cap | Rp41,59M | Rp38,3T |
Volume (24h) | Rp2,62M | Rp5,06M |
Circulating Supply | 972,3M / 1B CXT (98%) | 1,9B USDY |
Typical Hold Time | 5 Days | 20 Days |
What Pluang investors did over the last 30 days
CXT is the utility and governance token of the Covalent Network, which safeguards Ethereum’s historical data. It is used for staking and enables holders to participate in decentralized governance. The network enhances data availability for developers building on the Ethereum ecosystem.
Read more on CXT →Ondo USDY is a decentralized lending protocol that supports assets with transfer restrictions. Its flexible design allows access to more financial instruments. This makes USDY a bridge for bringing real-world assets onto blockchain.
Read more on USDY →