Ondo US Dollar Yield
Peers · Tokenized Treasuries
AVG 3.59% · BENCH 2.00%| TICKER | ISSUER | YIELD | vs SAV | RISK | MIN |
|---|---|---|---|---|---|
| mTBILL | Midas | ~4% | +200bp | LOW | None |
| JTRSY | Anemoy / Janus Henderson (Centrifuge) | ~3.59% | +159bp | LOW | $500,000 (institutional) |
| USDY ◂ | Ondo Finance | ~3.55% | +155bp | VERY LOW | ~$50 (secondary market) |
| OUSG | Ondo Finance | ~3.53% | +153bp | LOW | $5,000 |
| TBILL | OpenEden | ~3.48% | +148bp | LOW | KYC onboarding; verify current minimum |
| USTB | Superstate / Invesco | ~3.38% | +138bp | LOW | Qualified purchasers (high) |
Description
ISSUER DOCSYield-bearing dollar token backed by short-term US Treasuries and bank deposits; the yield accrues into the token price.
Buying · Q&A
4 QUESTIONSHow do I buy USDY?+
Buy on a DEX (Curve, Solana); direct mint requires KYC. The token runs on Ethereum / Solana (+10). Minimum: ~$50 (secondary market).
Where can I buy USDY?+
USDY trades on 8 exchanges and DEXs. By 24-hour volume the largest are Gate (USDY/USDT), Aftermath Finance (0X960B531667636F39E85867775F52F6B1F220A058C4DE786905BDF761E06A56BB::USDY::USDY/0XF325CE1300E8DAC124071D3152C5C5EE6174914F8BC2161E88329CF579246EFC::AFSUI::AFSUI), Saphyre V2 (USDY/?), Bybit (USDY/USDT), Orca (A1KLOBRKBDE8TY9QTNQUTQ3C2ORTOC3U7TWGGZ7SETO6/?) (CoinGecko, 2026-10-13). Check that the venue serves your country before you sign up.
Do I need KYC to buy USDY?+
Not on the secondary market: USDY can be bought on a DEX without identity verification. Minting it directly with the issuer does require KYC.
Who can buy USDY?+
As Ondo Finance funds (OUSG, USDY) states it: US, accredited investors: no (Non-US persons only); US, retail investors: no (Non-US individuals and organisations only). The issuer has the final word; check its terms before buying.
Where to trade
8 VENUES · 24H VOL| VENUE | PAIR | VOL | SPRD |
|---|---|---|---|
| CEXGate ↗ | USDY/USDT | $3.1M | 0.02% |
| CEXAftermath Finance ↗ | 0X960B531667636F39E85867775F52F6B1F220A058C4DE786905BDF761E06A56BB::USDY::USDY/0XF325CE1300E8DAC124071D3152C5C5EE6174914F8BC2161E88329CF579246EFC::AFSUI::AFSUI | $2.0M | — |
| DEXSaphyre V2 ↗ | USDY/? | $194K | 0.60% |
| CEXBybit ↗ | USDY/USDT | $171K | 0.02% |
| DEXOrca ↗ | A1KLOBRKBDE8TY9QTNQUTQ3C2ORTOC3U7TWGGZ7SETO6/? | $107K | 0.60% |
| CEXLBank ↗ | USDY/USDT | $59K | 0.02% |
| CEXAftermath Finance ↗ | 0XF325CE1300E8DAC124071D3152C5C5EE6174914F8BC2161E88329CF579246EFC::AFSUI::AFSUI/0X960B531667636F39E85867775F52F6B1F220A058C4DE786905BDF761E06A56BB::USDY::USDY | $2 | — |
| CEXOsmosis ↗ | IBC/23104D411A6EB6031FA92FB75F227422B84989969E91DCAD56A535DD7FF0A373/IBC/498A0751C798A0D9A389AA3691123DADA57DAA4FE165D5C75894505B876BA6E4 | $0 | 0.60% |
CoinGecko tickers · 2026-10-13 · not a recommendation of any venue — check access, fees and whether the venue serves your country.
Issuer · primary market
SUBSCRIBE / REDEEMBuy on a DEX (Curve, Solana); direct mint requires KYC
Who may buy is set by the issuer — check their terms. Not investment advice.
Key facts
VERIFIED 2026-08-25- Yield / return
- ~3.55%
- Risk
- Very Low
- Minimum
- ~$50 (secondary market)
- Liquidity
- 24/7 on DEXs; direct redemption with KYC
- Custody
- Self-custody
- KYC
- Required to mint
- Verified
- 2026-08-25
Details
- Issuer
- Ondo Finance
- Type
- Tokenized Treasuries
- Category
- Tokenized Treasuries
- Yield source
- Short-term US Treasuries + bank deposits
- Network
- Ethereum / Solana (+10)
- Jurisdiction
- USA (non-US persons only)
- AUM
- $2.14B