Ondo US Dollar Yield
Perfil del Stablecoin
Ondo US Dollar Yield (USDY) es una stablecoin respaldada por fiat anclada a USD, con 1316,2 M US$ en suministro circulante a través de 14 redes blockchain. Cada USDY está respaldada por reservas del emisor, con paridad atestiguada vía coingecko. La paridad se ha mantenido dentro de ±1% en la mayoría de las sesiones de negociación; la composición de las reservas y la cadencia de las atestaciones son los principales factores de su perfil de riesgo crediticio.
Acerca de Ondo US Dollar Yield (USDY)
USDY is a tokenized note secured by short-term US Treasuries and bank demand deposits, bringing institutional-grade low-risk yield to the global on-chain economy.
USDY is accessible to non-US individual and institutional investors and is transferable on-chain 40-50 days after purchase. Users request to mint USDY by sending us USDC. After 40 day mint restriction is lifted it will mint USDY tokens
Emisor y atestación
Ondo US Dollar Yield (USDY) is issued by Ondo USDY LLC, operating under British Virgin Islands (with US registered transfer agent). Originally launched in 2023.
Composición de reservas
A yield-bearing tokenised note backed by short-term US Treasuries and bank demand deposits. Not available to US persons.
Eventos notables de paridad
Among the first yield-bearing tokenised real-world-asset products to reach mainstream stablecoin tracking aggregators.
La información del emisor se recopila a partir de divulgaciones públicas, presentaciones regulatorias de NYDFS / BMA e informes de atestación de fuentes primarias. Verifica siempre directamente con el emisor antes de tomar decisiones.
Actividad reciente de suministro
Ondo US Dollar Yield (USDY) supply expanded by 0 US$ in the last 24 hours, expanded by 1,3 M US$ (+0.10%) over the past week, and expanded by 6,5 M US$ (+0.50%) over the past 30 days.
Steady issuance: supply has held roughly flat (0.50% over 30 days), consistent with mature stablecoin liquidity dynamics.
Historial de Suministro
Network distribution
Ondo US Dollar Yield circulates across 14 blockchain networks. Ethereum hosts the largest share at 44.64%, followed by Plume Mainnet at 15.27%. Aptos has shown the strongest 30-day growth at +243.17%, suggesting fresh issuance or bridge inflows on that chain.
| Cadena | Suministro | Cuota | 24h Δ | 30d Δ |
|---|---|---|---|---|
| Ethereum | 587,6 M US$ | 44.64% | 0.00% | -21.91% |
| Plume Mainnet | 201 M US$ | 15.27% | 0.00% | +80.97% |
| Solana | 179,3 M US$ | 13.62% | -0.00% | -0.06% |
| Stellar | 123,2 M US$ | 9.36% | 0.00% | +5.12% |
| Aptos | 105,8 M US$ | 8.04% | 0.00% | +243.17% |
| Sei | 52 M US$ | 3.95% | +0.00% | +1.91% |
| Mantle | 29,6 M US$ | 2.25% | 0.00% | +0.14% |
| Sui | 17,1 M US$ | 1.30% | 0.00% | -2.73% |
| Noble | 7,6 M US$ | 0.58% | +0.00% | -0.02% |
| Osmosis | 7,2 M US$ | 0.55% | +0.00% | +0.01% |
| Arbitrum | 5,6 M US$ | 0.42% | 0.00% | -0.00% |
| Mantra | 273,2 mil US$ | 0.02% | -0.11% | +0.27% |
| Injective | 593 US$ | 0.00% | 0.00% | 0.00% |
| Penumbra | 477,9 US$ | 0.00% | 0.00% | 0.00% |
Historial de estabilidad del anclaje
Ondo US Dollar Yield (USDY) is designed to trade at exactly 1.00 USD, with its peg defended through direct redeemability against off-chain reserves. Spot price currently sits at $1.1244, a +12.439% deviation from the target — well inside the stability band typical for reserve-backed dollar tokens.
Cómo las stablecoins reserve-backed defienden su anclaje
Fiat-backed stablecoins maintain their peg through arbitrage: any time the secondary-market price drifts above $1.00, authorised participants mint new tokens by depositing dollars and sell them into the market; any time it drifts below, they buy on the open market and redeem 1:1 for dollars. The peg therefore depends entirely on (a) the reserves actually existing, (b) the issuer honouring redemption requests promptly, and (c) the issuer remaining solvent and unfrozen.
Implicaciones prácticas para los tenedores
- Counterparty risk is concentrated in the issuer and its banking partners — a banking failure (as in the March 2023 USDC / SVB episode) can cause short-term depegs even when the underlying reserves are sound.
- Reserve attestations are not full audits. Always read the firm name, scope, and date of the latest attestation report before treating the peg as risk-free.
- Redemption rights typically apply only to verified institutional partners, not to retail holders. Retail exposure is exited via secondary markets, where liquidity matters most during stress periods.
- Regulatory action against the issuer (NYDFS orders, OFAC freezes, court-ordered blacklists) can immediately impair specific addresses or even the entire token.
- Mantapex tracks peg deviation in real time from DeFiLlama price feeds, but for high-value holdings cross-check directly on at least one independent venue (CoinGecko, the issuer's own dashboard, or an on-chain DEX).
Peg-stability commentary is based on the mechanism class (reserve-backed) and is provided for educational purposes only — it is not financial advice. Past peg stability is not a guarantee of future performance, and even the highest-quality stablecoins have historically traded outside their target band during banking, regulatory, or liquidity stress.
Direcciones de contrato
Ondo US Dollar Yield (USDY) is deployed as a token contract on 1 blockchain network below. Always verify the contract address you're interacting with on the relevant block explorer before sending funds — phishing tokens reusing well-known stablecoin tickers are common, especially on newer chains.
| Cadena | Dirección del contrato | Verificar |
|---|---|---|
| Ethereum | 0x96f6ef951840721adbf46ac996b59e0235cb985c | Explorador |
Las direcciones de contrato provienen del perfil de stablecoins de DeFiLlama. Algunas cadenas (Tron, Solana, Aptos, Sui) usan formatos de dirección no EVM. El enlace "Explorador" abre el explorador de bloques oficial de la cadena correspondiente; no enlazamos a exploradores de terceros que puedan mostrar datos alterados.
Comparar Ondo US Dollar Yield con otras stablecoins fiat-backed
Below are the largest fiat-backed stablecoins tracked on Mantapex alongside Ondo US Dollar Yield (USDY). Comparing supply and chain footprint within the same mechanism class is more meaningful than cross-class comparison, because the underlying peg-defence assumptions are different.
| Stablecoin | Suministro | Mecanismo | Cadenas |
|---|---|---|---|
| Tether (USDT) | 184,1 mil M US$ | fiat-backed | 107 |
| USD Coin (USDC) | 79,6 mil M US$ | fiat-backed | 125 |
| World Liberty Financial USD (USD1) | 4518,8 M US$ | fiat-backed | 8 |
| PayPal USD (PYUSD) | 4088,7 M US$ | fiat-backed | 7 |
| BlackRock USD (BUIDL) | 2542,3 M US$ | fiat-backed | 8 |
Estabilidad del Anclaje
Distribución por Cadena
Recursos y fuentes de datos
Ondo US Dollar Yield (USDY) is tracked across major crypto data providers. The links below open Ondo US Dollar Yield (USDY)'s pages on CoinGecko, CoinMarketCap and DeFiLlama, so you can cross-check supply, market cap, exchange listings and historical price data directly at the source.
Price feed sourced from coingecko. Supply, peg and chain-distribution data are aggregated from DeFiLlama's stablecoins dataset, which combines on-chain balances across supported networks. Numbers on this page typically refresh every 10 minutes.
Noticias recientes de Ondo US Dollar Yield
Latest reporting from major crypto news outlets covering Ondo US Dollar Yield.
- Tokenpost
Ondo's USDY Builds Existing Footprint Across Solana DeFi
The yield-bearing token is used for collateral, lending and cross-chain transfers, with more than $170 million in Solana TVL as of May 1, 2025.
- NewsBTC
Ondo Pushes USDY Deeper Into Solana DeFi
TL;DR Ondo Finance says its USDY tokenized yield product is expanding across Solana DeFi venues. USDY is a yield-bearing tokenized note backed by short-term US Treasuries and bank…
- Crypto Economy
Ondo Finance Expands Tokenized Assets to 25 Million LBank Users With USDY
Ondo Finance announced this Monday the integration of its USDY token and thematic smart portfolios (Ondo Intelligent Portfolios) onto the LBank exchange. Through this partnership,…
- The Currency Analytics
LBank Expands Offerings with Ondo's USDY and Intelligent Portfolio Solutions
- Crypto Economy
Ondo's USDY Launches on Tempo With Transferable Yield Utility
Ondo Finance announced that its dollar yield token, USDY, is now available on Tempo, the L1 payments-focused blockchain incubated by Stripe and Paradigm. The integration makes…
- Crypto Economy
Grvt Partners With Ondo to Build $100M Position in USDY
Grvt partners with Ondo Finance to build a $100 million position in USDY, the tokenized bond backed by U.S. Treasury securities. The platform will integrate USDY into Grvt Earn…
- Crypto news
Grvt to build $100 million USDY position under Ondo partnership
CeDeFi trading platform Grvt has partnered with Ondo Finance to build a position of up to $100 million in the tokenization firm's yield-bearing USDY product over the next 12…
- The Block
Grvt eyes $100 million USDY position in Ondo Finance tie-up
USDY is a tokenized secured note backed primarily by short-term U.S. Treasurys, Treasury-based ETF shares, and bank deposits.
Stablecoins relacionadas
Stablecoins comparable to Ondo US Dollar Yield by collateral mechanism, peg currency, or circulating supply — handy for spotting alternatives if a peg breaks or a regulator forces a delist.
Otras stablecoins fiat-backed
Stablecoins vinculadas a USD
Mayores stablecoins por suministro
Aviso de Riesgo
Las stablecoins conllevan riesgos que incluyen la pérdida del anclaje, cambios regulatorios y riesgo de contraparte. Siempre diversifique y haga su propia investigación.