Ondo US Dollar Yield
USDY#204| 1h | 24h | 7d | 30d | 1y |
|---|---|---|---|---|
| -0.00% | -0.01% | +0.04% | +0.30% | +5.08% |
About Ondo US Dollar Yield
Where to buy Ondo US Dollar Yield — USDY markets
| Exchange | Pair | Price | Volume (24h) | Trust |
|---|---|---|---|---|
| Gate | USDY/USDT | $1.15 | $2.39M | green |
| Bybit | USDY/USDT | $1.15 | $580.63K | green |
| LBank | USDY/USDT | $1.15 | $163.18K | green |
| Saphyre V2 | 0X54CD901491AEF397084453F4372B93C33260E2A6/0XE15FC38F6D8C56AF07BBCBE3BAF5708A2BF42392 | $1.15 | $204.19K | red |
| Orca | A1KLOBRKBDE8TY9QTNQUTQ3C2ORTOC3U7TWGGZ7SETO6/EPJFWDD5AUFQSSQEM2QN1XZYBAPC8G4WEGGKZWYTDT1V | $1.15 | $5.86K | red |
| Aftermath Finance | 0X960B531667636F39E85867775F52F6B1F220A058C4DE786905BDF761E06A56BB::USDY::USDY/0XF325CE1300E8DAC124071D3152C5C5EE6174914F8BC2161E88329CF579246EFC::AFSUI::AFSUI | $1.15 | $1.3K | red |
| Aftermath Finance | 0XF325CE1300E8DAC124071D3152C5C5EE6174914F8BC2161E88329CF579246EFC::AFSUI::AFSUI/0X960B531667636F39E85867775F52F6B1F220A058C4DE786905BDF761E06A56BB::USDY::USDY | $1.15 | $1.05K | red |
| Osmosis | IBC/23104D411A6EB6031FA92FB75F227422B84989969E91DCAD56A535DD7FF0A373 | $1.15 | $31.66 | red |
Ondo US Dollar Yield Price History
Ondo US Dollar Yield (USDY) reached its all-time high of $1.26 on March 26, 2024, and trades 8.8% below that peak today. Its all-time low was $0.934184 on January 14, 2024, and the price has since risen 23% from that low.
| Year | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| 2026(YTD) | $1.1051 | $1.1513 | $1.0857 | $1.1487 | +3.94% |
| 2025 | $1.069 | $1.1234 | $1.0608 | $1.1062 | +3.48% |
| 2024 | $1.033 | $1.071 | $1.031 | $1.07 | +3.58% |
Ondo US Dollar Yield News
No recent news for Ondo US Dollar Yield.
Ondo US Dollar Yield FAQ
What is Ondo US Dollar Yield?
Ondo US Dollar Yield (USDY) is a tokenized note issued by Ondo Finance on the Ethereum blockchain. It represents U.S. dollar deposits invested in short-term U.S. Treasuries and bank deposits, aiming to provide a stable, yield-bearing digital asset backed by traditional income-generating instruments.
How does USDY work?
USDY works by pooling investor funds and allocating them to low-risk, income-generating assets like U.S. Treasuries. The yield earned on those investments accrues to USDY token holders, so the token's value increases over time, reflecting accrued interest while maintaining a U.S. dollar reference.
What is the USDY token used for?
The USDY token serves as a way for users to hold a dollar-referenced asset that generates yield. It can be used as collateral for lending, trading, or as a portfolio component, offering a transparent on-chain representation of real-world treasury exposure without requiring users to manage the underlying bonds themselves.
How is USDY different from traditional stablecoins?
Unlike traditional stablecoins that maintain a fixed $1 value, USDY is designed to gradually appreciate in value as it accrues yield from its underlying Treasury portfolio. This means it is neither a fixed-peg stablecoin nor a volatile cryptocurrency but a hybrid that combines fiat stability with the income characteristics of short-term government bonds.
What is Ondo US Dollar Yield (USDY)?
Ondo US Dollar Yield (USDY) is a cryptocurrency and operates on the Ethereum platform. Ondo US Dollar Yield has a current supply of 2,016,310,066. 50258133.
What is the current price of Ondo US Dollar Yield?
Ondo US Dollar Yield is currently priced at $1.15, down 0.01% in the last 24 hours. It is ranked #204 by market capitalization. Over the past 7 days, USDY is up 0.04%.
What is Ondo US Dollar Yield's market cap?
Ondo US Dollar Yield has a market capitalization of $2.32B. The 24-hour trading volume is $622,122.95, reflecting the total value of USDY traded across all exchanges in the last day.
