The ON/USDT trading pair on Pancakeswap V2 (BSC) has been attracting attention from decentralized finance (DeFi) enthusiasts and cryptocurrency traders alike. As a token pair operating on the Binance Smart Chain (BSC), ON/USDT offers liquidity and trading opportunities within the rapidly evolving DeFi ecosystem. This article dives into the latest price metrics, liquidity insights, market sentiment, and key data points that help investors understand the current state and potential trajectory of the ON token.
Current ON/USDT Price Overview
As of 12:05 PM UTC, the current price of ON (ON/USDT) stands at $0.004217, reflecting a notable decline of -40.72% over the past 24 hours. Despite the downward momentum, trading activity remains active, indicating sustained interest in the pair.
The 24-hour high was recorded at $0.007346** (06:13 AM UTC), while the low dipped to **$0.004187 (10:43 AM UTC), showcasing significant volatility within a single trading session. Such price swings are common among emerging tokens on decentralized exchanges (DEXs), especially those with relatively lower market caps and concentrated holdings.
Trading Volume and Market Activity
The 24-hour trading volume for ON/USDT is reported at $450.37K, supported by 6,286 transactions across Pancakeswap V2 (BSC). This level of volume suggests moderate engagement, particularly considering the token’s early-stage presence in the market.
A healthy trading volume is crucial for price discovery and liquidity depth. For ON/USDT, the volume-to-price ratio indicates that while interest exists, broader adoption may still be developing. Traders should monitor volume trends closely—sudden spikes could signal news events, whale movements, or coordinated trading activity.
The Fully Diluted Valuation (FDV) of ON sits at $4.06 million**, which estimates the total market cap if all tokens were in circulation. With a current **liquidity pool value of $2.56 million, the pool represents a substantial portion of the FDV, suggesting strong backing for initial trades.
Liquidity Pool Insights
The ON/USDT liquidity pool was established one month ago, indicating that this is a relatively new pairing in the DeFi space. The pool’s contract address is 0xf5cdad0c319e125c2aefd2de1cc902b7a2d9c8dd, and it has been verified—adding a layer of trust for potential liquidity providers.
Currently, the pool holds:
- 303.88 million ON tokens valued at $1,278,159.76
- 1.28 million USDT also valued at $1,278,159.76
This balanced 50/50 split between ON and USDT demonstrates a well-structured initial liquidity setup, minimizing slippage for smaller trades. The total pooled assets amount to approximately $2.56 million, which supports decent trade execution without excessive price impact.
Notably, the contract has no proxy detected, and there is no evidence of honeypot mechanisms, which are red flags often associated with scam tokens. These technical assurances enhance confidence among users evaluating whether to trade or provide liquidity.
Holder Distribution and Whale Watch
ON currently has around 5,638 unique token holders, a modest but growing community for a recently launched asset. However, distribution analysis reveals a concentration risk: the largest holder is a PancakeSwap contract address itself, which controls 304.13 million ON tokens, valued at over $1.28 million.
This suggests that a significant portion of the supply may be locked in liquidity or held in a reserve managed by the protocol. While not inherently risky, such centralization means that large movements from this address could influence price volatility significantly.
For retail investors, understanding whale activity is essential. Sudden withdrawals or sales from major addresses can trigger sharp price drops, while增持 (increased holdings) might signal confidence.
Where to Trade ON/USDT
ON/USDT is available for trading on several decentralized and centralized platforms, including:
- Pancakeswap V2 (BSC)
- KyberSwap
- Maestro Bot
- MEXC DEX+
Pancakeswap remains the primary venue due to its high liquidity and user-friendly interface for BSC-based tokens. Traders benefit from low transaction fees and fast settlement times when operating within the BSC ecosystem.
Decentralized exchanges empower users with non-custodial trading—meaning you retain control of your funds throughout the process. However, this also requires diligence in verifying contract addresses and using trusted wallets like MetaMask or Trust Wallet.
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GT Score & Contract Safety
GeckoTerminal assigns ON/USDT a GT Score of 74.37, reflecting a generally positive assessment based on liquidity, transaction frequency, contract transparency, and risk indicators.
Key safety highlights include:
- ✅ Contract verified
- ✅ No honeypot detected
- ✅ No proxy contract used
- ✅ Recent transaction within last 24 hours
These factors contribute to a lower-risk profile compared to many speculative memecoins or unaudited projects. Still, as with any DeFi investment, due diligence is critical—especially given the token’s high volatility and concentrated ownership.
Core Keywords for SEO
To align with search intent and improve visibility, the following core keywords have been naturally integrated throughout this article:
- ON/USDT price
- Pancakeswap V2 BSC
- ON token
- DeFi trading
- cryptocurrency liquidity pool
- BSC token analytics
- GT Score
- USDT trading pair
These terms reflect common queries from users researching emerging tokens on decentralized platforms.
Frequently Asked Questions (FAQ)
Q: What is the current price of ON in USDT?
A: As of 12:05 PM UTC, 1 ON is valued at $0.004217, equivalent to approximately 237.19 ON per 1 USD.
Q: Is the ON/USDT contract safe to interact with?
A: Yes, the contract has been verified, shows no signs of a honeypot, and does not use proxy patterns—common red flags in risky tokens.
Q: Where can I buy ON tokens?
A: You can purchase ON/USDT on Pancakeswap V2 (BSC), KyberSwap, Maestro Bot, and MEXC DEX+.
Q: How much liquidity does the ON/USDT pool have?
A: The total liquidity pool value is $2.56 million, split evenly between ON and USDT.
Q: Who owns the most ON tokens?
A: The largest holder is a PancakeSwap contract address, holding 304.13 million ON tokens—likely representing locked liquidity.
Q: What does a GT Score of 74.37 mean for ON/USDT?
A: It indicates moderate-to-strong health in terms of liquidity, activity, and security—above average for new DeFi pairs.
Final Thoughts
The ON/USDT pair presents an intriguing opportunity within the Binance Smart Chain’s DeFi landscape. While it exhibits volatility and some centralization risks, its verified contract, solid liquidity foundation, and presence on major DEXs offer a transparent entry point for cautious traders.
As always, investors should conduct independent research, set stop-losses where appropriate, and avoid allocating more than they can afford to lose—especially in early-stage token markets.
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