OCB — Trust Rating
OUSG Trust Rating
Ondo Finance · Tokenized share of an actively-managed short-term U.S. Treasury fund.
OUSG (Ondo Finance) scores 70/100 on OnChain Benchmark's Verified Capital Trust Rating — Rated band — across four dimensions: disclosure quality 19/25, redemption liquidity 19/25, structural trust 24/25, and holder concentration 9/25 (methodology v1.1, as of Jul 7, 2026).
Verified Capital Trust Rating
OCB — 01
OUSG across four dimensions
Each dimension contributes up to 25 points to the composite trust rating. Last scored Jul 7, 2026 on methodology v1.1.
| Dimension | Score |
|---|---|
| Disclosure Quality | 19 / 25 |
| Redemption Liquidity | 19 / 25 |
| Structural Trust | 24 / 25 |
| Holder Concentration | 9 / 25 |
| Composite | 70 / 100 |
OCB — 02
Evidence behind the rating
A sample of the verified facts behind OUSG's score. Each finding carries a confidence level; the full diligence trail is in the terminal.
- Holder Concentrationaddress exclusion95% confidence
Gnosis SafeProxy source verified on Etherscan Contract tab. Protocol-controlled multisig holding 16.37% of OUSG supply.
Verified Jun 1, 2026· Etherscan Contract tab — SafeProxy source verified. - Holder Concentrationaddress exclusion95% confidence
GnosisSafeProxyFactory contract — source verified on Etherscan Contract tab. Infrastructure contract; not a holder in any economic sense.
Verified Jun 1, 2026· Etherscan Contract tab — GnosisSafeProxyFactory source verified. - Holder Concentrationaddress exclusion95% confidence
Gnosis SafeProxy source verified on Etherscan Contract tab. Protocol-controlled multisig holding 7.07% of OUSG supply.
Verified Jun 1, 2026· Etherscan Contract tab — SafeProxy source verified. - Holder Concentrationaddress exclusion95% confidence
EOA. Etherscan labels the outgoing tx destination as "Ondo Finance: OUSG Token". Funded from another labeled Ondo address (0x06F38733...6f937ceE8) 2 years ago. 446 protocol transactions.
Verified Jun 1, 2026· Etherscan address page — Ondo label chain on outgoing txns + funding provenance from labeled Ondo address. - Disclosure Qualitygovernance finding95% confidence
DEFAULT_ADMIN_ROLE holder is a Gnosis Safe 4-of-7 (Safe: Singleton 1.3.0). 7 owners verified. Owners: 0x74a4C329...4C632173D, 0x189D409b...FE9457607, 0xECE6bC29...4737e5d0, 0x60F030d6...e2D95FB02, 0xaA1E4eef...A4B092f8e, 0x020679fF...7c1beD241, 0x6A95a204...E85594f46. 5 of 7 owners match USDY Safe — same Ondo keyholder set, separate Safe instance.
Verified Jun 1, 2026· Etherscan address page — Smart Account by Safe label. Owners tab + getThreshold() = 4. - Disclosure Qualityattestation source95% confidence
Balance-sheet and account-statement PDFs embedded in Next.js RSC streaming payload. Machine-fetchable via RSC:1 header. 93 reports ingested over 6-month smoke test — 100% match rate.
Verified May 31, 2026· Sarah inspected Chrome DevTools — RSC payload at 2:["$","$Ld",null,{"reports":[...]}] line. _rsc param is a cache-buster, not a session token.
OCB — 03
Key facts
- Issuer
- Ondo Finance
- Asset class
- Tokenized U.S. Treasuries
- Chains
- Ethereum
- Methodology
- v1.0
- Last scored
- Jul 7, 2026
- Rubric
- Verified Capital Trust Rating
Supply figure: Ethereum only — Mantle and XRPL not yet tracked
The interactive terminal shows every verified fact behind OUSG's rating — the dimension-by-dimension breakdown, scoring history, outstanding supply, anomalies, and the complete evidence trail with sources.