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USDYTokenized U.S. Treasuries·Ondo Finance ↗·LiveAs of Oct 10, 2026···

Ondo U.S. Dollar Yield

Yield-bearing token backed by short-term U.S. Treasuries and bank deposits.

RWA Quality Rating
62/ 100
Developing+23 to Verified Capital (≥85)-6 pts / 30d
OCB — 01·Rating breakdown
Methodology v1.6 · Oct 10, 2026

USDY across four dimensions

Disclosure19 / 25
Liquidity22 / 25
Structure16 / 25
ConcentrationLIMITING9 / 25
Gap to Verified Capital (≥85)+23

Signal readings

Yield-claim delta
58 bps
Attestation age
5 d
Attestations / 180d
123
Outstanding supply
$2.22B
Liquidity / supply
0.000%
Top-10 holder pct
67.6%
Custody verification
partial surface

Custody & backing fields are descriptive — published, not scored

OCB — 02·Outstanding supply
$2.22B

USDY supply over time

Supply scope: All chains covered — Ethereum, Stellar, Solana, Arbitrum, Sei, Mantle, Sui, Noble.

USDY · Ondo Finance

Outstanding supply (USD)

USDY outstanding supply is $2.22B as of Oct 10, 2026. +0.3% over the prior 30 days.
ONCHAIN
BENCHMARK
Source: OCB Quality Ratings · USDY · onchainbenchmark.comUpdated daily
OCB — 03·Rating history
20 readings

USDY quality rating since coverage began

USDY · RWA Quality Rating

Composite rating (0–100)

USDY rating is 62 as of Oct 10, 2026. -6 points over the prior 30 days.
ONCHAIN
BENCHMARK
Source: OCB Quality Ratings · USDY · onchainbenchmark.comUpdated daily
OCB — 04·Deployments

How this instrument's supply is distributed across chains

ChainShare of measured supply
ETHEthereum
55.2%
0x96F6eF…CB985CExplorer ↗
XLMStellar
24.2%
USDY:GAJ…TADAZ6Explorer ↗
SEISei
11.7%
0x54cD90…60e2A6Explorer ↗
SOLSolana
8.1%
A1KLoBrK…7sEto6Explorer ↗
SUISui
0.6%
0x960b53…::USDYExplorer ↗
ARBArbitrum
0.1%
0x35e050…df9A9DExplorer ↗
MNTMantle
<0.1%
0x5bE265…57C5A6Explorer ↗
NOBLENoble
<0.1%
ausdyExplorer ↗

Supply scope: All chains covered — Ethereum, Stellar, Solana, Arbitrum, Sei, Mantle, Sui, Noble.

OCB — 05·Coverage gaps + diligence

Where coverage is incomplete — and what could narrow it

Methodology

USDY is scored across the same four dimensions as every other rated instrument in its class — Disclosure Quality, Redemption Liquidity, Structural Trust, and Holder Concentration. Each dimension contributes up to 25 points. The dimension breakdown above shows where the score comes from; the diligence trail shows every verified fact behind it.

Read the full methodology ↗
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