Price change (24h):
0.11%
High (24h):
$24.57
Low (24h):
$24.54
Volume (24h):
$24.73
Market Cap:
$500.96K
All Time High:
0.15% $24.57
Jul 6, 2026
All Time Low:
2% $24.02
Mar 24, 2026
Franklin High Yield Corporate ETF (Ondo Tokenized)
FLHYON0.00 %(1Y)
$24.54
About Franklin High Yield Corporate ETF (Ondo Tokenized)
Franklin High Yield Corporate Tokenized ETF (Ondo), trading under the ticker FLHYon, is a tokenized real-world asset cryptocurrency. It mirrors the exposure of the Franklin High Yield Corporate ETF, replete with dividend reinvestment, and operates on the Solana blockchain.
The token addresses a stark barrier: non-U.S. retail and institutional investors often face restricted access to American exchange-traded funds and traditional market hours. Ondo Finance’s tokenized securities framework allows minting and redemption 24 hours a day, five days a week, tapping directly into the liquidity of the underlying ETF. FLHYon thus grants fractional economic participation in a basket of high-yield corporate bonds without the friction of cross-border brokerage accounts.
It operates on the Solana blockchain as its primary settlement layer, with additional token contracts deployed on Ethereum and BNB Chain for broader composability. The network executes rapid settlement and low-cost transactions inherent to Solana’s architecture.
Across these chains, FLHYon adheres to standard token interfaces: an SPL token on Solana, ERC-20 on Ethereum, and BEP-20 on BNB Chain. No additional staking or governance scaffolding wraps the token; its codebase is purpose-built for mint-and-burn mechanics that keep its supply tightly coupled to the held ETF shares.
The token was introduced by Ondo Finance as part of its Ondo Global Markets ecosystem, a suite engineered to bring traditional securities on-chain. While no individual founder names are publicly pegged to this specific asset, the project emerged from Ondo’s broader push to tokenize stocks, bonds, and ETFs, attracting regulatory-compliant institutional pipelines and early retail users seeking frictionless U.S. market exposure.
The long-term ambition is to dismantle the siloes of national financial markets, letting any internet-connected investor hold U.S. corporate debt exposure natively in a digital wallet. That vision reorients asset ownership from geography-bound custody to always-on, programmable tokens with instantaneous settlement.
Perpetually, FLHYon functions as an on-chain receipt. Minting the token requires depositing the equivalent ETF shares or approved stablecoins into Ondo’s smart contract vaults; redeeming it burns the token and releases the underlying value, inclusive of accrued dividends. The protocol collateralizes its supply strictly against the held assets, eschewing algorithmic over-collateralization.
An institutional portfolio manager in Singapore can convert a position into FLHYon, trade it against stablecoins on a Solana DEX during Asian hours, and redeem back to ETF shares when U.S. markets open. A retail user in Brazil might hold the token to collect the ETF’s dividend yield without a U.S. brokerage, exiting by burning the token through Ondo’s portal at will.
Franklin High Yield Corporate Tokenized ETF (Ondo) has a total supply of 5.97 tokens. Currently, 5.97 are in circulation. With a market capitalization of $0, Franklin High Yield Corporate Tokenized ETF (Ondo) ranks #3,696 among all cryptocurrencies.
Franklin High Yield Corporate ETF (Ondo Tokenized) Historical Price Data
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 08/07/2026 | $24.54 | $24.54 | $24.54 | $24.54 |
| 07/07/2026 | $24.56 | $24.54 | $24.57 | $24.54 |
| 06/07/2026 | $24.57 | $24.56 | $24.57 | $24.56 |
Why is manual trading Franklin High Yield Corporate ETF (Ondo Tokenized) a bad idea?
Manual flhyon trading
- Miss perfect entry/exit
- Emotional decisions
- Huge time to monitor
Stoic AI
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AI trades 24/7 automatically Catch every opportunity
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Zero-emotion algorithm Disciplined strategy
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Passive income Set & forget automation
20,000+
traders trusted Stoic AI
$200M+
in cumulative assets under management since inception
2015
year of company foundation
FAQ
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Franklin High Yield Corporate ETF (Ondo Tokenized) (FLHYON) is a cryptocurrency that can be bought, sold, and traded on major exchanges. Its price changes in real time based on supply, demand, and broader market conditions. You can track the live FLHYON price, market cap, and 24-hour trading volume at the top of this page.
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The current price of Franklin High Yield Corporate ETF (Ondo Tokenized) (FLHYON) is $24.54. Over the last 24 hours, it has moved -0.11%. Crypto prices update continuously, so short-term changes can happen quickly.
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You can buy Franklin High Yield Corporate ETF (Ondo Tokenized) on major exchanges like Binance, Coinbase, or KuCoin. However, simply buying and holding can be risky due to market volatility.
The smartest way to manage your FLHYON investment is to connect your exchange account to Stoic AI. This allows you to keep funds on your preferred exchange while our institutional-grade algorithm automates the trading strategy for you, aiming to outperform manual trading. -
Franklin High Yield Corporate ETF (Ondo Tokenized)'s price is influenced by overall crypto market trends, trading volume, investor sentiment, regulatory news, and macroeconomic events. High volatility is common - FLHYON can move 5-15% in a single day. This makes timing the market extremely difficult for manual traders but creates opportunities for systematic, data-driven strategies.
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We can’t provide investment advice. Whether Franklin High Yield Corporate ETF (Ondo Tokenized) is a good investment depends on your risk tolerance, time horizon, and strategy. Crypto markets are highly volatile and past performance doesn't guarantee future results. Many investors reduce risk by diversifying across multiple assets and using automated strategies that remove emotional decision-making. Always do your own research before investing.
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Common approaches include buy & hold, discretionary trading based on technical analysis, or automated strategies. Manual trading can be difficult due to fees, timing, and emotional decisions. Stoic AI offers an out-of-the-box automated approach: connect your exchange via trade-only API permissions, choose a strategy, and the system manages portfolio rebalancing 24/7.
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Stoic AI uses hedge fund-grade quantitative strategies developed by Cindicator, a fintech company with 9+ years of experience and $230M+ in assets under management. The algorithm analyzes price data, volatility, and correlations to build and rebalance a diversified portfolio. FLHYON can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
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With Stoic AI, your funds stay on your exchange (Binance, Coinbase, KuCoin, etc.) at all times. Stoic connects via read-and-trade-only API keys - it cannot withdraw your funds. The platform uses institutional-grade risk management and has been live-tested through multiple market cycles since 2020, including the 2022 crypto winter. You maintain full control and can disconnect at any time.
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You can start with as little as $500. There are no lock-ups and no hidden fees. You can try it now and withdraw your funds at any time. Create a Stoic account, connect your exchange using an API key with trading‑only permissions, choose a strategy, and start automated trading. You can stop anytime by revoking the API key on your exchange. Since the funds stay in your exchange wallet, you remain in control of deposits and withdrawals.
