USFRON is a token on Solana that tracks the price of WisdomTree Floating Rate Treasury Fund. It's issued by Ondo Finance, not by Solflare, and gives you price exposure to the underlying ETF without making you a holder of it. You can hold and swap USFRON in a self-custody wallet such as Solflare.

Why can the price of USFRON differ from WisdomTree Floating Rate Treasury Fund?

The price of USFRON is set by on-chain trading on Solana. When the underlying market is closed, there's no live price to follow, and when liquidity is thin, a small swap can move the token's price. A scaling factor, where one applies, also means the token's price won't match the underlying price one for one.

What happens if USFRON has low liquidity?

Low liquidity means a small swap can move the price of USFRON, the spread between buying and selling widens, and selling can cost more than you expect. The token's price can also sit further from the underlying asset. Liquidity on tokenized funds and commodities varies a lot between tokens and over the course of a day.

You buy USFRON by swapping SOL, USDC, or another Solana token for it in a self-custody wallet such as Solflare. The swap settles on Solana, so no brokerage account is involved. Keep a small SOL balance for network fees, and check Ondo Finance's terms first, since availability varies by jurisdiction.

Does USFRON pay dividends or distributions?

Not as separate payments. When the underlying fund pays a distribution, Ondo Finance folds it into the token's scaling factor, so each USFRON represents slightly more of the fund over time while the number of tokens in your wallet stays the same.

When can I trade USFRON?

You can swap USFRON on Solana at any hour, but the fund it tracks trades only during US market hours. Outside those hours, the price of USFRON comes from on-chain trading alone, so spreads can widen and the price can drift from the fund's last close until the market reopens.

USFRON price today: WisdomTree Floating Rate Treasury Fund on Solana

Q: Is buying USFRON the same as buying WisdomTree Floating Rate Treasury Fund?

No. USFRON is a separate token that tracks the price of WisdomTree Floating Rate Treasury Fund. Holding it gives you the price exposure, but not shareholder rights or a direct claim on the underlying holdings. Any redemption into the underlying asset is handled by Ondo Finance for eligible clients under its own terms, not by Solflare.

Q: Who issues USFRON?

Ondo Finance issues USFRON. Ondo Finance issues its tokenized stocks and ETFs through Ondo Global Markets, which holds the underlying securities with custodians and handles minting and redemption for eligible clients. Solflare is a self-custody wallet that lets you hold and swap USFRON; it does not issue, back, or custody the token, so the backing arrangement is the issuer's.

What USFRON tracks

USFRON tracks WisdomTree Floating Rate Treasury Fund, a fund that holds bonds, Treasury securities, or loans and pays out the income they generate. Its price moves with interest rates and, for corporate debt and loans, with the credit quality of the borrowers.

Funds holding short-dated debt tend to move little when rates change, while funds holding long-dated bonds can swing sharply. Distributions from the fund are usually reflected in the token rather than paid in cash.

About WisdomTree Floating Rate Treasury Fund (Ondo Tokenized)

Tokenized asset from Ondo Finance representing WisdomTree Floating Rate Treasury Fund (Ondo Tokenized).

Website

USFRON contract address

o6U1Sm6Vd7EofMyCrL28mrp2QLzgYGgjveHiEQ5ondo

Ticker

USFRON

Issuer

Ondo Finance

Status

Verified

How USFRON works

USFRON is issued by Ondo Finance. Ondo Finance issues its tokenized stocks and ETFs through Ondo Global Markets, which holds the underlying securities with custodians and handles minting and redemption for eligible clients.

What you hold is the token, not the underlying asset. USFRON tracks the price of WisdomTree Floating Rate Treasury Fund, but it doesn't give you shareholder rights or a direct claim on the underlying holdings. Minting and redemption are handled by Ondo Finance for eligible clients under its own terms. Solflare is a self-custody wallet for holding and swapping USFRON, and it does not issue, back, or custody the token.

The price of USFRON on Solana is set by on-chain trading. Where liquidity is deep, it tends to stay close to the underlying price. Where liquidity is thin, a small swap can move the price and the gap to the underlying can widen.

When the underlying fund pays a distribution, Ondo Finance folds it into the token instead of paying it out, so each USFRON comes to represent slightly more of the fund over time while the number of tokens in your wallet stays the same.

When can you trade USFRON?

USFRON can be swapped on Solana at any hour, but the fund it tracks trades only during US market hours. Outside those hours there's no live fund price, so the price of USFRON comes from on-chain trading alone and can drift from the fund's last close.

The scaling factor for USFRON

The scaling factor for USFRON is 1.0246. It rises as the underlying fund's distributions are folded into the token, so each token represents slightly more of the fund over time while your token count stays the same. Read the factor as accumulated distributions, not as a price change.

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Prices are volatile and can fall as well as rise. USFRON is issued by Ondo Finance and gives price exposure to WisdomTree Floating Rate Treasury Fund, not fund shares, shareholder rights, or a claim on the fund's holdings; redemption terms are set by the issuer. Liquidity can be thin, which widens spreads and can move the price on small swaps, especially outside US market hours. Availability varies by jurisdiction. Solflare is a wallet interface and does not issue, back, or custody this token. Nothing here is financial advice.

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WisdomTree Floating Rate Treasury Fund (USFRON) price

WisdomTree Floating Rate Treasury Fund price chart