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Tokenized Real-World Assets

Ondo Finance

Live yield rates, TVL, and prices for Ondo Finance's tokenized RWA products — USDY, OUSG, and the ONDO governance token.

Total Value Locked

$2.19B

Avg Yield (APY)

3.50%

Products

4

Ondo US Dollar Yield

Ondo US Dollar Yield

USDY

3.55% APY

$1.12

EthereumSeiSolanaStellarMantle+4 more

TVL

$1.64B

Mkt Cap

$2.12B

Yield-bearing stablecoin backed by short-term US Treasuries and bank demand deposits. Permissionless and transferable.

Earn with USDY
Ondo US Government Bond

Ondo US Government Bond

OUSG

3.44% APY

XRPLEthereum

TVL

$557.66M

Mkt Cap

Tokenized short-term US Government bonds providing institutional-grade yield on-chain. Restricted to accredited investors.

🔒 Restricted to accredited investors and qualified purchasers

Earn with OUSG
RO

Rebasing OUSG

ROUSG

Ethereum

TVL

Mkt Cap

Rebasing variant of OUSG. Yield accrues daily through balance increases instead of price appreciation.

🔒 Restricted to accredited investors and qualified purchasers

Earn with ROUSG
Ondo Finance

Ondo Finance

ONDO

$0.3984

+0.36%

Ethereum

Mkt Cap

$1.94B

24h Change

+0.36%

Ondo Finance governance token. ONDO holders participate in protocol governance and staking.

View ONDO

What is Ondo Finance?

Ondo Finance tokenizes US Treasury and government bond products, making institutional-grade yield accessible on-chain across Ethereum, Solana, and other networks.

What is USDY?

The Ondo US Dollar Yield token is a yield-bearing stablecoin backed by short-term US Treasuries. It's permissionless and transferable, available to most global users.

What is OUSG?

Ondo US Government Bond is a tokenized short-term Treasury fund. Unlike USDY, OUSG is restricted to accredited investors and qualified purchasers.

Where does data come from?

APY and TVL data is sourced from DeFiLlama. Token prices and market caps are sourced from CoinGecko. Data refreshes hourly.

This page is for informational purposes only and is not financial advice. OUSG is restricted to accredited investors; eligibility requirements apply. Data sourced from DeFiLlama and CoinGecko. Visit ondo.finance for official product information.