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Yuvi.
$ONDO
底层资产稳,为什么代币仍有高波动?
今天早间现货快照中,ONDO的24小时涨跌幅-6.65%,区间0.4213—0.4621 USDT。
代币不是底层产品收益的自动映射。资产管理规模、产品收入与代币权益若缺少直接联系,市场就仍会按风险偏好给出很高弹性。
若可核验权益让业务增长转成持续需求,估值可以上修;若产品增长与代币持有人回报持续脱节,应降低叙事溢价。
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