Ondo US Dollar Yield
Current price
$1.15
+0.01%24h
LiveUpdated 26s ago
TodayOndo US Dollar Yield is flat, while the market falls.
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View as table
| Time | Price |
|---|
Change by period
- 1 hour0.00%
- 24 hours+0.01%
- 7 days−0.02%
- 30 days+0.32%
- 1 year+3.63%
Ondo US Dollar Yield's move in context
Beating the market today
+0.01% today against −3.27% for the market as a whole, a gap of 3.3 points. A gap this wide suggests something specific to Ondo US Dollar Yield may be moving it, not just the market mood.
Trend has turned
0.0% over 7 days and +0.3% over 30 days: the last week went against the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About Ondo US Dollar Yield
Ondo US Dollar Yield (USDY)
Ondo US Dollar Yield, with the symbol USDY, is a cryptocurrency designed to provide exposure to a yield-bearing asset tied to the US Dollar. It operates within the decentralized finance (DeFi) ecosystem and is associated with the Ondo Finance platform, which focuses on creating structured financial products on blockchain networks.
Background and Purpose
USDY is developed by Ondo Finance, a project aimed at bridging traditional finance with blockchain technology. The token is intended to offer users a stable, yield-generating asset that reflects the value of the US Dollar while providing returns through underlying financial mechanisms. The specific details of the yield generation process are tied to Ondo Finance's protocols, which typically involve tokenized real-world assets or other financial instruments.
Technology and Ecosystem
USDY operates on blockchain networks, primarily Ethereum, leveraging smart contracts to facilitate its functionality. It is designed to integrate with DeFi platforms, allowing users to utilize USDY in lending, borrowing, or other financial applications. The token aims to maintain stability relative to the US Dollar, though the exact pegging mechanism or collateral backing may vary and is managed through Ondo Finance's protocols. Specific technical details about the collateral or stabilization methods are subject to the project's documentation and may not be fully disclosed in public sources.
Use Cases
The primary use case for USDY is to serve as a stable, yield-bearing asset within the DeFi space. Users can hold USDY to potentially earn returns while maintaining exposure to a US Dollar-denominated value. Additionally, USDY can be used in various DeFi protocols for liquidity provision, staking, or as a medium of exchange in supported ecosystems. The token is particularly targeted at users seeking low-volatility assets with potential passive income opportunities.
Availability of Information
While general information about USDY and Ondo Finance is available through the project's official website and related resources, specific details regarding the token's backing, yield mechanisms, or audited reserves may not be fully transparent or publicly accessible at all times. Users are encouraged to refer to official Ondo Finance communications and documentation for the most accurate and up-to-date information.
Ondo US Dollar Yield market
- Position by market cap among the coins we track.
- #36
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $2.35B
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $1.15High $1.15
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $1.99
- Now 58% of itReached 17 Sept 2025 · Needs +73% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 2.05B USDY
- Coins that exist now and can be traded.
- Every coin created so far, minus any destroyed, including coins that are locked up.
- 9.07T USDY
- Every coin created so far, minus any destroyed, including coins that are locked up.
- The most coins that can ever exist. Some coins have no limit.
- No limit listed
- The most coins that can ever exist. Some coins have no limit.
Ondo US Dollar Yield converter
1 Ondo US Dollar Yield = $1.15
