Ondo US Dollar Yield token
Overview
Ondo Finance has issued a tokenized note called Ondo US Dollar Yield (USDY). The instrument is collateralised by short-dated US Treasuries and bank deposits, with the objective of preserving a stable price while generating yield. Market participants employ USDY as a stable-value asset across multiple blockchains, and it provides a floating rate of return to its holders.
Within The Counterparty graph, Ondo US Dollar Yield connects to 27 tracked entities, most strongly to Ethereum, Solana, Arbitrum.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 10 of 27 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 95% |
deployed_on | Solana | 95% |
deployed_on | Arbitrum | 95% |
deployed_on | Aptos | 95% |
deployed_on | Mantle | 95% |
deployed_on | Sui | 95% |
issued_by | Ondo Finance | 95% |
issued | Ondo Finance | 95% |
deployed_on | Ethereum | 95% |
deployed_on | Sei | 95% |
Frequently asked questions
What is Ondo US Dollar Yield?
Ondo US Dollar Yield is a stablecoin tracked in The Counterparty knowledge graph. It is connected to 27 other tracked entities, most strongly to Ethereum, Solana, Arbitrum.
What type of entity is Ondo US Dollar Yield?
Ondo US Dollar Yield is classified as a stablecoin (token) in The Counterparty knowledge graph.
What is Ondo US Dollar Yield connected to?
In The Counterparty knowledge graph, Ondo US Dollar Yield is linked to 27 other tracked entities, most strongly to Ethereum, Solana, Arbitrum.