Token · DELLON · Rank #3,285
DELLON: What the Ondo Tokenized Stock Is
DELLON is Ondo’s tokenized version of Dell Technologies exposure. Learn how it is intended to work, which networks support it, and what to check before using it.
Market data
DELLON market data
- Market cap
- $784K
- Rank #3,285
- Fully diluted value
- $784K
- Volume (24h)
- $357K
- Change 7d / 30d
- −21.9% / −43.0%
- Change 1y
- —
- Circulating supply
- 2.36K
- Total / max supply
- 2.36K / ∞
- All-time high
- $608.91
- Oct 14, 2026
- All-time low
- $310.56
- Nov 5, 2026
## What DELLON represents
What DELLON represents
Dell Technologies (Ondo Tokenized), or DELLON, is a token designed to provide economic exposure similar to holding Dell Technologies Inc. stock. The project description says that dividends are reinvested, but DELLON should not be assumed to give you the same shareholder rights as owning Dell shares directly. Its value can move with Dell’s share price, while also being affected by token-market conditions and the way the product is structured.
DELLON is not the same asset as ONDO, Ondo Finance’s separate governance token. It is also not a token native to a blockchain: it is issued on Ethereum, Solana and BNB Chain. The project describes Ondo tokenized stocks as available for eligible non-U.S. retail and institutional users, with additional restrictions. Check the product’s current terms and your eligibility before seeking exposure.
## How it is used
How it is used
DELLON is intended to let eligible users access tokenized exposure to Dell Technologies rather than buy DELL shares through a conventional brokerage account. Ondo’s product description says users can mint and redeem tokenized U.S. stocks and ETFs around the clock, five days a week, and access traditional exchange liquidity. Those features do not mean every holder can mint or redeem at any time: access is subject to additional restrictions, and the process may depend on the user, location and product terms.
The token may also be transferable between compatible wallets on its supported networks. A transfer does not itself establish that the recipient can redeem the token or access the underlying market. the public information available here do not identify specific DeFi applications or other uses for DELLON, so do not assume it can be used as collateral or traded in a particular protocol.
## Supply, networks and market figures
Supply, networks and market figures
DELLON is issued on Ethereum, Solana and BNB Chain. It is not described as the native asset of any of those networks. Make sure you select the correct network when sending tokens; assets sent using an unsupported network or address may be difficult or impossible to recover.
As of 2026-11-05, the reported circulating supply was about 2,014 DELLON, with no maximum supply figure reported. The reported total and circulating figures differ slightly, so treat supply figures as estimates rather than exact counts. On the same date, the token’s reported price was about $355, market capitalization about $716,000 and 24-hour volume about $336,000. These are time-sensitive market figures, not guarantees of what you can trade at. The reported all-time high was about $609 on 2026-10-14; it had fallen to about $355 on 2026-11-05. Past prices do not indicate future performance.
## Risks to understand
Risks to understand
DELLON carries risks from both the underlying stock exposure and the tokenized product. Dell’s share price can fall, and tokenized markets may trade at a different price from the stock exposure they are intended to represent. Trading hours, liquidity and access can differ from those of traditional exchanges, even when a product describes access to exchange liquidity. You may also face network fees, transaction delays or smart-contract and custody risks.
Before using DELLON, read the current product terms to understand how the token is backed, what rights holders have, how dividends are handled, and what minting or redemption requires. Those details are not established from public sources summarized here. Eligibility restrictions apply, and the product description specifically refers to non-U.S. users; do not assume it is available in your country. Tokenized stock products may not provide the protections or rights of holding a security through a regulated brokerage. This is not a recommendation to buy or sell.
## Storage and handling
Storage and handling
DELLON can be held in a wallet that supports the network on which your tokens were issued. Confirm the chain and the token’s official contract details through Ondo’s current product information before receiving or transferring it. A token with the same ticker on another network may not be the same asset. Avoid relying on a ticker or token name alone to identify the correct contract.
For self-custody, keep your recovery phrase private and offline, and understand that losing it can mean losing access to your wallet. Check addresses and network selections before confirming a transfer; blockchain transactions are generally difficult to reverse. A wallet stores the token credentials, not the underlying Dell shares themselves. If you hold DELLON through a platform instead, check how that platform handles custody, withdrawals, eligibility and redemption. Availability and terms can change, so verify them before acting.
By the numbers
Dell Technologies (Ondo Tokenized) in numbers
Dell Technologies (Ondo Tokenized) (DELLON) is ranked #3,285 by market capitalisation, with a market cap of about $784K and a price of $331.53 as of Nov 7, 2026. Its fully diluted valuation ($784K) is close to its market cap, so little new supply is still to come.
The price was down 21.9% over 7 days, down 43.0% over 30 days. It trades about 46% below its all-time high of $608.91, set on Oct 14, 2026.
About 2.36K DELLON are in circulation. No hard maximum supply is listed, so new tokens can still be issued.
24-hour trading volume was about $357K, or 46% of its market cap: very high turnover.
DELLON has token contracts on 3 chains we track, including Ethereum, Solana, BNB Chain. Always check the contract address before buying or bridging: copycat tokens often reuse a well-known name and ticker.
Where it runs
DELLON chains and contract addresses
| Chain | Contract |
|---|---|
| Ethereum | 0xee9f43…6792d4 |
| Solana | cFDP5SsU…TSLAon |
| BNB Chain | 0xf26518…1583ba |
Contract addresses as listed by CoinGecko. Verify them on the project's own channels before sending funds.
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DELLON FAQs
What is DELLON?
DELLON is designed to provide economic exposure similar to holding Dell Technologies stock, with dividends described as reinvested. It should not be assumed to provide the same shareholder rights as directly owning DELL shares.
Which networks support DELLON?
The token is issued on Ethereum, Solana and BNB Chain. Confirm the network and official token details before sending or receiving it.
Is DELLON the same as ONDO?
No. DELLON is the tokenized Dell Technologies product, while ONDO is a separate token associated with Ondo Finance. They have different purposes.
Can anyone buy or redeem DELLON?
The project describes access for non-U.S. retail and institutional users, but additional restrictions apply. Check current terms and local rules to see whether you are eligible.
What is the supply of DELLON?
As of 2026-11-05, the reported circulating supply was about 2,014 DELLON, and no maximum supply figure was reported. Supply figures can change and the reported total and circulating figures differed slightly.
What is the market cap of Dell Technologies (Ondo Tokenized)?
As of Nov 7, 2026, Dell Technologies (Ondo Tokenized) had a market cap of about $784K, ranking #3,285 among cryptocurrencies by market capitalisation. Market cap is price multiplied by circulating supply, so it moves with the price.
What is the all-time high of DELLON?
Dell Technologies (Ondo Tokenized)'s all-time high is $608.91, reached on Oct 14, 2026. Its all-time low is $310.56 (Nov 5, 2026). Past prices say nothing about future returns.
What is the circulating supply of DELLON?
As of Nov 7, 2026, about 2.36K DELLON were in circulation; no fixed maximum supply is listed.
Which blockchains is DELLON on?
It has token contracts on Ethereum, Solana, BNB Chain.