Tokenized Treasury
USDY
Ondo US Dollar YieldOff-chain dependencySource attached
An Ondo tokenized dollar yield product with Treasury-related off-chain dependencies.
- Backing claim
- The issuer describes USDY as backed by short-term Treasuries and bank demand deposits.
- Issuer
- Ondo Finance
- Custodian or holder
- Requires current Ondo disclosure review.
- Redemption access
- Permissioned access, transfer restrictions, and jurisdiction rules may apply.
- Liquidity status
- Insufficient data
- Peg or NAV stress
- Live market price and visible supply are connected through DeFiLlama; NAV documents remain off-chain.
What Bathymark can verify
- issuer identity
- official product source
- current visible supply and market price through DeFiLlama
What it cannot verify
- current asset mix
- current redemption status
- investor eligibility
- full secondary liquidity