Ondo US Dollar Yield

USDY (US Dollar Yield Token) is a tokenized note designed to combine the accessibility of a stablecoin with US dollar-denominated yield.

Token

Ondo US Dollar Yield (USDY)

Issuer

Ondo Finance

Blockchain

Solana

Mint address

A1KLoBrKBde8Ty9qtNQUtq3C2ortoC3u7twggz7sEto6Copy mint

Token standard

SPL Token

Decimals

6

Issuer controls

Freeze authority. Read from the onchain mint account.

Structure

Tokenized note. Formerly issued by Ondo USDY LLC; as of December 15, 2025 folded into the Ondo Stocks umbrella (per Ondo's documentation).

Backing

Per Ondo's documentation, depending on the issuance date USDY may be secured by short-term US Treasuries, shares of the iShares Short Treasury Bond ETF, or bank demand deposits.

Issuance & redemption

Per Ondo, Ondo USDY LLC can only redeem USD via bank wire to non-US bank accounts. See Ondo's documentation for current redemption terms.

Liquidity

Deepest pool: orca · USDC · $2.91M. Total routable liquidity $3.06M.Snapshot from 2026-09-23. RwaMarkets only lists assets with at least $50k of liquidity.

Explorer

View on Solscan

Verification

Mint verified on 2026-09-23 against Ondo addresses documentation and Onchain mint account. Verification details →

Ondo Finance issues tokenized real-world asset products, including tokenized notes and tokenized stocks. Per Ondo's documentation, USDY was formerly issued by Ondo USDY LLC and, as of December 15, 2025, has been folded into the Ondo Stocks umbrella.

• Geographic restrictions

  Per Ondo, USDY is accessible to qualifying non-US individual and institutional investors.

• Market & pricing

  USDY's secondary-market price on Solana is set by onchain liquidity and can differ from Ondo's published redemption price.

• Not the underlying

  USDY is a token issued by a third party. Its price is set by onchain markets and is not automatically identical to the price of Tokenized note (US dollar yield).

• Execution

  Swaps are routed across Solana liquidity venues for the best available price. RwaMarkets does not custody funds or act as a counterparty.

Information on this page is sourced from issuer documentation and onchain data. It is not investment, legal or tax advice. Review the issuer's terms before trading.