Ondo US Dollar Yield

$2.2B market cap

Issued by Ondo Finance · reviewed 8 September 2026

Market cap: $2.21B +0.89% 7d
30-day trend
Volume / market cap: 0.2%
Peg drift, 30 days: 15.00%

Market data as of 8 September 2026, the same daily snapshot the tracker publishes. Peg drift is the largest single-day distance from par over the last 30 days, for USD-pegged tokens only.

Last verified 2026-06-27. 1 of the 8 fields shown is recorded but not yet verified and is marked below; 4 further tracked fields are not recorded.

USDY is a yield-bearing tokenized note by Ondo Finance, backed by U.S. Treasuries and bank deposits, available on multiple blockchains for eligible non-U.S. investors.

01

Instrument facts

8 of 12 tracked fields recorded

Symbol	USDY
Peg	USD
Backing	Rwa backed
Status	Active
Launched	2023
Networks	L1 EVM Ethereum, Sei L1 non EVM Solana, Sui, Aptos, Noble, Stellar L2 Arbitrum, Mantle Network, Plume Network unverified
Specifications	Backing Short-term U.S. Treasuries and bank demand deposits Redemption Direct mint and redemption is available to eligible non-U.S. investors on any business day, with subscriptions via stablecoins and USD wires, and redemptions through wire transfers only. KYC required Yes
Use cases	Yield, Trading

02

Supply by chain

10 chains · $2.2B total

Chain	Supply
Ethereum	$1.2B
Stellar	$535M
Sei	$258M
Solana	$180M
Mantle	$29M
Sui	$15M
Noble	$8M
Osmosis	$6M
Arbitrum	$4M
Aptos	$2M

Chains holding at least $1M of this token, from the daily cross-chain compilation. The total may differ from the market capitalization above, which is a separate measurement.

03

Contract addresses

14 chains

Chain	Address
Aptos	`0xcfea864b32833f157f042618bd845145256b1bf4c0da34a7013b76e42daa53cc`
Arbitrum One	`0x35e050d3c0ec2d29d269a8ecea763a183bdf9a9d`
Binance Smart Chain	`0x608593d17a2decbbc4399e4185be4922f97ed32e`
Ethereum	`0x96f6ef951840721adbf46ac996b59e0235cb985c`
Mantle	`0x5be26527e817998a7206475496fde1e68957c5a6`
Mantra	`ibc/6749D16BC09F419C090C330FC751FFF1C96143DB7A4D2FCAEC2F348A3E17618A`
Noble	`ausdy`
Osmosis	`ibc/23104D411A6EB6031FA92FB75F227422B84989969E91DCAD56A535DD7FF0A373`
Plume Network	`0xd2b65e851be3d80d3c2ce795eb2e78f16cb088b2`
Sei V2	`0x54cd901491aef397084453f4372b93c33260e2a6`
Solana	`A1KLoBrKBde8Ty9qtNQUtq3C2ortoC3u7twggz7sEto6`
Stellar	`USDY-GAJMPX5NBOG6TQFPQGRABJEEB2YE7RFRLUKJDZAZGAD5GFX4J7TADAZ6`
Sui	`0x960b531667636f39e85867775f52f6b1f220a058c4de786905bdf761e06a56bb::usdy::USDY`
Tempo	`0x20c000000000000000000000d479b9f6ec0ceff9`

Addresses as recorded for this token. Verify against the issuer's own published address before sending funds.

Official site · Whitepaper

04

Background

USDY is a stablecoin launched by Ondo Finance in August 2023, designed to provide yield-bearing opportunities through its backing by short-term U.S. Treasuries and bank demand deposits. USDY can be minted and redeemed by non-U.S. investors on any business day, with a transferability period of 40-50 days post-issuance. KYC/KYB processes are mandatory for transactions. The stablecoin is secured by high-quality financial instruments, ensuring stability and yield generation.

Compiled from issuer disclosures, on-chain data and market data. Ondo Finance · Methodology