Trading activity:
Reported 24-hour volume equals 217.75% of market capitalization. The local markets snapshot lists LBank, MEXC and Biconomy.com among venues with observed trading activity.
YearBull indicators:
YearBull Rank #37. Bull Score 88/100.
YB Market Risk Low. This relative market-volatility label is not an investment-safety assessment.
Cycle Early. Observed price change: 24h -1.63% · 7d -4.99% · 30d 16.96%.
Values are descriptive and should be read together rather than as a price forecast.
Read the YearBull methodology.
Snapshot date: 2026-10-27.Data history: 90 days available in the latest 90-day window.
Methodology responsibility:
YearBull’s analytical methodology and presentation rules are developed and maintained by
Alan Zelvin, Founder & Lead Crypto Researcher.
This note identifies responsibility for the methodology; it does not attribute authorship of this data snapshot.
What is Shopify (Ondo Tokenized Stock) (SHOPON)?
Source description
“SHOPon is the Ondo Tokenized version of Shopify, giving tokenholders economic exposure similar to holding SHOP and reinvesting any dividends. Ondo tokenized stocks enable 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. Additional restrictions apply. Learn more at ondo.finance/global-markets.”
This source-supplied description may contain old, promotional, or unverified claims and is not YearBull editorial analysis.
Official links and contract records appear in Key Facts. Project details can change, so verify current information with the project.
Shopify (Ondo Tokenized Stock) (SHOPON) FAQ
What is documented about tokenization and agent functionality for Shopify (Ondo Tokenized Stock) (SHOPON)?
Ondo identifies SHOPon as the tokenized on-chain exposure to Shopify and states that Ondo Stocks are backed by corresponding securities/cash with daily verification and a security-agent structure. SHOPON is tokenized economic exposure, not direct ownership of Shopify shares; liquidity, corporate-action, market-hour and jurisdiction risks must be explicit.
Which facts connect Shopify (Ondo Tokenized Stock) (SHOPON) with redemption and minting?
Ondo states that minting/redemption is subject to non-U.S. eligibility, onboarding and jurisdictional restrictions; holding a token alone does not guarantee redemption.
Shopify (Ondo Tokenized Stock) metric comparison
This comparison is a stored snapshot generated 2026-10-23 06:31 UTC from 292 daily observations available from 2025-12-30 through 2026-10-23. It is separate from the latest analytical cards above. Percentiles compare the snapshot value with that day's analytical universe; a higher percentile means a larger observed value, not necessarily a better investment characteristic.
Metric
Snapshot
30d before
90d before
Change vs 30d
Universe percentile
Price
$168.61
$142.84
$113.28
+18.0%
n/a
Market cap
$862.9K
$804.2K
$608.6K
+7.3%
P63.7
YearBull Rank
#57
#1,820
#492
Improved 1,763
P99.3
Bull Score
86/100
52/100
59/100
+34.0 pts
P98.4
Turnover
181.01%
172.18%
224.67%
+8.8 pts
P98.7
YB Market Risk
Low
Low
Low
Unchanged
n/a
Cycle
Early
Early
Early
Unchanged
n/a
Median absolute daily movement 1.16%; distance from the highest local daily price -5.5%; circulating supply change +44.5%. These measurements are descriptive and do not predict future direction.
Editorial research. Identity, project facts, sources, and risks below belong to the dated editorial review. The live analytical snapshot above may be newer and is generated separately from stored market data.
Shopify (Ondo Tokenized Stock): project profile and documented design
Ondo identifies SHOPon as the tokenized on-chain exposure to Shopify and states that Ondo Stocks are backed by corresponding securities/cash with daily verification and a security-agent structure.
Documented role and design
Ondo states that minting/redemption is subject to non-U.S. eligibility, onboarding and jurisdictional restrictions; holding a token alone does not guarantee redemption.
Risks and open questions
SHOPON is tokenized economic exposure, not direct ownership of Shopify shares; liquidity, corporate-action, market-hour and jurisdiction risks must be explicit.
Live asset page has limited rendered detail; supply and current chain availability require timestamped verification.
YearBull Rank on this page
YearBull Rank now for shopify-ondo-tokenized-stock: #37.
Rank timeline (last 365 days)
Rank movement (time windows).
Reading rule: a smaller rank number indicates stronger placement.
7d window (2026-10-21): #11 → #37 (down by 26).
30d window (2026-09-28): #1239 → #37 (up by 1202).
YearBull Rank is a comparative ordering used on YearBull to place a coin versus others using a consistent set of inputs. Smaller numbers mean the coin sits higher in the YearBull list.
Stability posture: consistency often matters more than speed.
Liquidity context: a quiet tape can still re-rank the pack.
Venue context: improvement with higher churn can be a rotation phase.
Cycle read: recent movement can fit a transition rather than a clean trend.
Editorial note:
This analysis was prepared by the YearBull research team under the direction of
Alan Zelvin,
Founder and Lead Crypto Researcher.
The assessment follows YearBull’s internal research methodology and editorial standards.
Methodology ·
Editorial Policy
Related Research
Continue with contextually connected profiles and category data:
Stored venue snapshot. Markets last checked: 2026-10-21. Next refresh window: around 2026-11-04. Venue listings and volumes are stored snapshots, not live quotes.