Ondo USDY USDY
As of Oct 5, 2026, Ondo USDY (USDY) has a market cap of $2.28B, up 4.3% over 30 days. USDY (Ondo US Dollar Yield) is a tokenized note secured by short-term US Treasuries and bank deposits. Its price rises as yield accrues. It is sold to non-US individuals and institutions, and is one of the most widely held yield-bearing RWA tokens across chains.
History: daily values recorded by RWA Tracker since Oct 5, 2025.
Ondo USDY is counted inside Ondo Yield Assets (USDY + OUSG) ($0), so it isn't added again to category and market totals.
USDY key facts
- Issuer
- Ondo USDY LLC (Ondo Finance)
- Launched
- August 2023
- Structure
- Tokenized note secured by short-term US Treasuries and bank demand deposits
- Who can invest
- Non-US investors only; not available to US persons
- Yield
- Accrues into the token price
Source: ondo.finance. Terms change; confirm with the issuer before investing.
USDY FAQ
What is Ondo USDY?
USDY (Ondo US Dollar Yield) is a tokenized note secured by short-term US Treasuries and bank deposits. Its price rises as yield accrues. It is sold to non-US individuals and institutions, and is one of the most widely held yield-bearing RWA tokens across chains.
What is the market cap of USDY?
As of Oct 5, 2026, Ondo USDY (USDY) has a market cap of $2.28B, up 4.3% over 30 days. This is the token's market capitalization from CoinGecko.
Who issues Ondo USDY?
Ondo USDY is issued by Ondo Finance. Thi hare cla provide liquid expo ure to an ETF of hort-term U.S. Trea urie .
Who can invest in USDY?
Non-US investors only; not available to US persons. Check the issuer's own terms before investing, as eligibility rules change.
What is the price of USDY?
USDY traded at $1.15 as of Oct 5, 2026.
Related assets
All tokenized treasuries- Ondo OUSG$321M
- Ondo Yield Assets (USDY + OUSG)$0
- Ondo Global Markets$0
- Superstate USTB$753M
- Spiko EU T-Bills Money Market Fund$656M
- Invesco USTB$565M
- Ethena USDtb$489M
- Anemoy Capital$333M
- Janus Henderson Anemoy Treasury Fund$326M
More from Ondo Finance · Browse tokenized treasuries · tokenized bonds & fixed income
Market cap and price from CoinGecko. Updated Oct 5, 2026. See the methodology. Not investment advice.