Ondo US Dollar Yield
USDY#203| 1h | 24h | 7d | 30d | 1y |
|---|---|---|---|---|
| +0.01% | +0.00% | +0.06% | +0.23% | +5.32% |
About Ondo US Dollar Yield
Ondo US Dollar Yield Markets
| Exchange | Pair | Price | Volume (24h) | Trust |
|---|---|---|---|---|
| Saphyre V2 | 0X54CD901491AEF397084453F4372B93C33260E2A6/0XE15FC38F6D8C56AF07BBCBE3BAF5708A2BF42392 | $1.14 | $685.08K | red |
| Gate | USDY/USDT | $1.14 | $57.61K | green |
| Orca | A1KLOBRKBDE8TY9QTNQUTQ3C2ORTOC3U7TWGGZ7SETO6/EPJFWDD5AUFQSSQEM2QN1XZYBAPC8G4WEGGKZWYTDT1V | $1.14 | $19.7K | red |
| Bybit | USDY/USDT | $1.14 | $2.74K | green |
| Uniswap V3 (Ethereum) | 0X96F6EF951840721ADBF46AC996B59E0235CB985C/0XDAC17F958D2EE523A2206206994597C13D831EC7 | $1.14 | $455.64 | red |
| Aftermath Finance | 0X960B531667636F39E85867775F52F6B1F220A058C4DE786905BDF761E06A56BB::USDY::USDY/0XF325CE1300E8DAC124071D3152C5C5EE6174914F8BC2161E88329CF579246EFC::AFSUI::AFSUI | $1.14 | $204.82 | red |
| Osmosis | IBC/23104D411A6EB6031FA92FB75F227422B84989969E91DCAD56A535DD7FF0A373 | $1.14 | $2.25 | red |
| Camelot V3 | 0X35E050D3C0EC2D29D269A8ECEA763A183BDF9A9D/0XAF88D065E77C8CC2239327C5EDB3A432268E5831 | $1.14 | $1.14 | red |
| Aftermath Finance | 0XF325CE1300E8DAC124071D3152C5C5EE6174914F8BC2161E88329CF579246EFC::AFSUI::AFSUI/0X960B531667636F39E85867775F52F6B1F220A058C4DE786905BDF761E06A56BB::USDY::USDY | $1.14 | $0.14 | red |
| Manifest | A1KLOBRKBDE8TY9QTNQUTQ3C2ORTOC3U7TWGGZ7SETO6/EPJFWDD5AUFQSSQEM2QN1XZYBAPC8G4WEGGKZWYTDT1V | $1.14 | $0.12 | 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 9.4% below that peak today. Its all-time low was $0.934184 on January 14, 2024, and the price has since risen 22% from that low.
| Year | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| 2026(YTD) | $1.1051 | $1.1526 | $1.0857 | $1.1419 | +3.33% |
| 2025 | $1.069 | $1.1234 | $1.0608 | $1.1062 | +3.48% |
| 2024 | $1.033 | $1.071 | $1.031 | $1.07 | +3.58% |
Analysis
No analysis available for Ondo US Dollar Yield yet.
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 1,876,687,239. 56025913.
What is the current price of Ondo US Dollar Yield?
Ondo US Dollar Yield is currently priced at $1.14, up 0.00% in the last 24 hours. It is ranked #203 by market capitalization. Over the past 7 days, USDY is up 0.06%.
What is Ondo US Dollar Yield's market cap?
Ondo US Dollar Yield has a market capitalization of $2.14B. The 24-hour trading volume is $170,715.72, reflecting the total value of USDY traded across all exchanges in the last day.