What is AGGon's quality score?

AGGon (Ondo Finance) scores 49/100 on OnChain Benchmark's RWA Quality Rating — Limited, as of Oct 5, 2026 (methodology v1.6).

How is AGGon's quality score calculated?

OnChain Benchmark scores AGGon across four dimensions, each out of 25: disclosure quality (15/25), redemption liquidity (17/25), structural trust (16/25), and holder concentration (4/25). Each is multiplied by its methodology weight (structural trust ×1.4, holder concentration ×1.3, redemption liquidity ×0.9, disclosure quality ×0.4; weights sum to 4.0) and summed into the 49/100 composite — a weighted, not a plain, sum, so the four dimension scores do not add directly to the total. The full rubric is published at onchainbenchmark.com/methodology.

How concentrated is AGGon's ownership?

OnChain Benchmark scores AGGon's holder concentration 4/25 — one of the four dimensions of its quality rating, measured against free float (circulating supply outside issuer, custody, exchange, bridge and protocol wallets). A higher score means ownership is more broadly distributed; a lower score means it is held by fewer wallets.

What does Limited mean?

Under OnChain Benchmark methodology v1.6, composite scores grade as Verified Capital (≥ 85), Institutional-grade (≥ 70), Developing (55–69), and Limited (below 55). AGGon scores 49/100, placing it in Limited.

OCB — Quality Rating · Bond ETFs

AGGon Quality Rating

AGGon (Ondo Finance) scores 49/100 on OnChain Benchmark's RWA Quality Rating — rated Limited (methodology v1.6, as of Oct 5, 2026).

Latest onchain read Oct 5, 2026

Updated daily

Quality score

of 100 · Limited

Dimensions measured

of 4

Outstanding supply

$13.97M

as of Oct 5, 2026

Chains

with measured supply

Why AGGon scores 49

The biggest gap in AGGon's score is how concentrated its ownership is.

Each dimension's score is multiplied by its weight and summed: 48.90 of a possible 100, rounded to 49.

Composite

49 / 100

Dimension	Score	Weight	Why it scored this
Holder Concentration AGGon scores 4 of 25 on Holder Concentration.	4 / 25	×1.3	AGGon scores 4 of 25 on Holder Concentration.
Structural Trust Custody is only partly verified: there is some independent confirmation, but not the full, itemized verification that earns top marks. The top regulatory standing needs SEC registration with a PCAOB-registered auditor. An admin can upgrade the contract without a timelock, controlled by a minimal multisig (such as 2-of-3). Upgrade factorCustody verified independently, with public reports.	16 / 25	×1.4	Custody is only partly verified: there is some independent confirmation, but not the full, itemized verification that earns top marks. The top regulatory standing needs SEC registration with a PCAOB-registered auditor. An admin can upgrade the contract without a timelock, controlled by a minimal multisig (such as 2-of-3). Upgrade factorCustody verified independently, with public reports.
Redemption Liquidity Only onboarded institutions can redeem; the top score also needs a deep onchain market alongside it. Upgrade factorOnchain liquidity of at least 0.5% of supply (20 of 25).	17 / 25	×0.9	Only onboarded institutions can redeem; the top score also needs a deep onchain market alongside it. Upgrade factorOnchain liquidity of at least 0.5% of supply (20 of 25).
Disclosure Quality There is no independent way to check the holdings. The latest attestation is 6 days old, with 17 in the last six months. Upgrade factorIndependent confirmation of this token's own holdings, at least monthly.	15 / 25	×0.4	There is no independent way to check the holdings. The latest attestation is 6 days old, with 17 in the last six months. Upgrade factorIndependent confirmation of this token's own holdings, at least monthly.

OCB Instrument

Outstanding supply

Measured onchain daily, summed across every chain the fund is issued on. Latest reading $14.01M.

Source: OCB Quality Ratings · AGGon · onchainbenchmark.comMeasured daily · Oct 5, 2026

Key facts

Issuer, rubric and methodology

Issuer: Ondo Finance
Asset class: Bond ETFs
Rubric: RWA Quality Rating
Methodology: v1.6
Last scored: Oct 5, 2026
What it is: Tokenized wrapper of the iShares Core US Aggregate Bond ETF (AGG), an Ondo Global Markets bond ETF.

Chains

Share of measured supply by chain

With measured supply

Chain	Contract	Share of measured supply
Ethereum	0xfF7CF1…36899DExplorer ↗	99.0%
BNB Chain	0x08ce97…e3fabbExplorer ↗	1.0%
Solana	13qTjKx5…b3ondoExplorer ↗	<0.1%

Evidence

Verified facts behind the rating

A sample of the verified facts behind AGGon’s score. The full diligence trail is in the terminal.

Facts shown

Dimension	Fact	Finding	Verified	Source
Disclosure Quality	Contract address	Contract address verified on BNB Chain: 0x08ce97f3d5cf11e577d091ab048bc5e2eae3fabb (BNB Chain deployment) Confirmed active onchain.	Aug 5, 2026	Verified against primary sources
Disclosure Quality	Contract address	Contract address verified on Ethereum: 0xfF7CF16aA2fFc463b996DB2f7B7cf0130336899D (primary deployment) Confirmed active onchain.	Aug 5, 2026	Verified against primary sources
Disclosure Quality	Contract address	Contract address verified on Solana: 13qTjKx53y6LKGGStiKeieGbnVx3fx1bbwopKFb3ondo (Solana deployment) Confirmed active onchain.	Aug 5, 2026	Verified against primary sources

Cite this rating

Reference AGGon’s rating

Every rating carries its methodology version and a stable permalink, so a citation stays accurate after a later rescoring run.

Plain

OnChain Benchmark (2026). AGGon Quality Rating: 49/100 (Limited), as of Oct 5, 2026. Methodology v1.6. https://onchainbenchmark.com/instruments/agg-on

Harvard

OnChain Benchmark (2026) 'AGGon Quality Rating', OnChain Benchmark, Limited, 49/100, methodology v1.6. Available at: https://onchainbenchmark.com/instruments/agg-on (Accessed: Oct 5, 2026).

BibTeX

@misc{ocb_agg-on_2026,
  author = {{OnChain Benchmark}},
  title = {{AGGon Quality Rating}},
  year = {2026},
  note = {49/100, Limited, methodology v1.6},
  url = {https://onchainbenchmark.com/instruments/agg-on}
}

Full diligence trail

The interactive terminal shows every verified fact behind AGGon's rating — the dimension-by-dimension breakdown, scoring history, outstanding supply, anomalies, and the complete evidence trail with sources.

Open in the terminal →Read the methodology →

Dimension

Score

Holder Concentration

AGGon scores 4 of 25 on Holder Concentration.

4 / 25

Structural Trust

Custody is only partly verified: there is some independent confirmation, but not the full, itemized verification that earns top marks. The top regulatory standing needs SEC registration with a PCAOB-registered auditor. An admin can upgrade the contract without a timelock, controlled by a minimal multisig (such as 2-of-3).

Upgrade factorCustody verified independently, with public reports.

16 / 25

Redemption Liquidity

Only onboarded institutions can redeem; the top score also needs a deep onchain market alongside it.

Upgrade factorOnchain liquidity of at least 0.5% of supply (20 of 25).

17 / 25

Disclosure Quality

There is no independent way to check the holdings. The latest attestation is 6 days old, with 17 in the last six months.

Upgrade factorIndependent confirmation of this token's own holdings, at least monthly.

15 / 25

Chain

Share of measured supply

Ethereum

99.0%

BNB Chain

1.0%

Solana

<0.1%

Dimension

Finding

Verified

Disclosure Quality

Contract address verified on BNB Chain: 0x08ce97f3d5cf11e577d091ab048bc5e2eae3fabb (BNB Chain deployment)

Confirmed active onchain.

Aug 5, 2026

Disclosure Quality

Contract address verified on Ethereum: 0xfF7CF16aA2fFc463b996DB2f7B7cf0130336899D (primary deployment)

Confirmed active onchain.

Aug 5, 2026

Disclosure Quality

Contract address verified on Solana: 13qTjKx53y6LKGGStiKeieGbnVx3fx1bbwopKFb3ondo (Solana deployment)

Confirmed active onchain.

Aug 5, 2026

@misc{ocb_agg-on_2026, author = {{OnChain Benchmark}}, title = {{AGGon Quality Rating}}, year = {2026}, note = {49/100, Limited, methodology v1.6}, url = {https://onchainbenchmark.com/instruments/agg-on} }