Underlier Labs
Explore
Markets
Opportunities
Portfolio
Terminal
Search
⌘K
Connect Wallet
Underlier Labs
Coinbase Global, Inc.
COIN
$284.52
+4.18%
Watchlist
Compare
Trade
COIN Price
$284.52
+4.18%
1D
1W
1M
3M
1Y
ALL
Best For
Best Overall
oCOIN
90.0
Ondo
Best Liquidity
oCOIN
90.0
Ondo
Best Tracking
oCOIN
90.0
Ondo
Best DeFi Utility
oCOIN
90.0
Ondo
Lowest Risk
oCOIN
90.0
Ondo
Tokenized Representations
Asset
Issuer
Chain
Price
Trk Error
Liquidity
24H Volume
Score
oCOIN
Ondo COIN
Ondo
Ethereum
$284.46
0.02 bps
16.8M
4.2M
90.0
COINx
xStocks COIN
xStocks
Solana
$284.60
0.03 bps
12.4M
3.1M
86.0
oCOIN
Ethereum
Ondo
$284.46
90.0
Liq:
16.8M
Vol:
4.2M
Trk Err:
0.02 bps
Prem/Disc:
-0.02%
Contract
0x4f5A...2f3G
Custodian
Ankura Trust
COINx
Solana
xStocks
$284.60
86.0
Liq:
12.4M
Vol:
3.1M
Trk Err:
0.03 bps
Prem/Disc:
+0.03%
Contract
5bP6qC...H4jL
Custodian
Interactive Brokers
Underlier Score
90
A
Backing
96
Quality and verifiability of the underlying asset backing
Liquidity
82
Available liquidity depth across trading venues
Tracking Accuracy
97
Accuracy of price tracking relative to the reference asset
Issuer Quality
95
Regulatory standing, track record, and transparency of the issuer
Redemption
86
Ease and reliability of redeeming the token for underlying value
Smart Contract Risk
90
Smart contract audit status, complexity, and upgrade risk
DeFi Utility
74
Availability as collateral, in lending markets, and DeFi integrations
Score reflects backing, liquidity, tracking, issuer, redemption, contract risk, and DeFi utility.
Last verified: 8/28/2026
Underlier Passport
Underlying
Ondo COIN
Issuer
Ondo
Network
Ethereum
Token Contract
0x4f5A6b7C8d9E0f1A2b3C4d5E6f7A8b9C0d1E2f3G
Asset Structure
Tokenized Equity Wrapper
Backing
1:1 custodied COIN shares
Custodian
Ankura Trust
Redemption
T+1 institutional
Price Source
Chainlink + NASDAQ
Tracking Error
0.02 bps
Jurisdiction
United States (Reg D)
Transfer Restrictions
KYC required
DeFi Integrations
Morpho
Collateral Markets
Morpho COIN/USDC
Yield Opportunities
None
Last Verified
2026-08-28T14:30:00Z