Ondo US Dollar Yield (USDY) ranks #204 by market capitalization, at $2.32B. It belongs to the DeFi sector (Decentralized Yield Services). It has traded since Dec 18, 2023, across 3 markets on 7 exchanges, with $3.53M of volume in the last 24 hours. Its all-time high of $3.01 was reached on Sep 21, 2025; the current price is 61.8% below that peak. Its cycle low of $0.999212 came on Jan 5, 2026.
2.08B USDY are in circulation. On Ethereum, 1,351 addresses hold USDY. It is available on 8 networks.
About Ondo US Dollar Yield
Ondo Finance is a financial services provider that offers USDY, a tokenized product backed by US Treasuries and bank deposits. USDY aims to provide the benefits of a stablecoin with returns from high-quality, dollar-denominated assets. It is accessible to non-US investors and incorporates a compliance period before token issuance and redemption.