Ondo U.S. Dollar Yield
View on Ondo Update infoU.S.-dollar yield strategy backed by short-term Treasuries, Treasury ETFs and bank deposits
- Ondo U.S. Dollar Yield is a tokenised fund. It is smart contract-based, but may not offer all features of vaults. Read more about the differences between vaults and tokenised funds here.
Share token price
Other metrics
USD (offchain)Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 3.6% | 3.6% | 3.7% | 3.7% | 4.4% | |
| Performance fee Performance | No data | No data | No data | No data | No data | |
| Management fee Management | No data | No data | No data | No data | No data | |
| Deposit fee Deposit | No data | No data | No data | No data | No data | |
| Withdrawal fee Withdrawal | No data | No data | No data | No data | No data | |
| Net Net | --- | --- | --- | --- | --- |
Internalised fees are reflected in the share price. One-time deposit and withdrawal fees may still affect net returns.
About the tokenised fund
Ondo U.S. Dollar Yield is a permissioned, yield-bearing tokenised note backed by short-term U.S. Treasuries, Treasury fund investments and bank demand deposits. Its redemption price increases as yield accrues and is published through Ondo's on-chain oracle.
Curated by Ondo Finance
This tokenised fund is curated by Ondo Finance.
Ondo Finance provides tokenised investment products and infrastructure for eligible investors.
Running on Ondo protocol
This tokenised fund is running on Ondo:
Tokenised U.S. dollar yield and short-term government-securities products for eligible investors.
Transaction status
Notes
Ondo U.S. Dollar Yield (USDY).
- Curator: Ondo Finance.
- Vault strategy: A permissioned tokenised note backed, depending on issuance date, by short-term U.S. Treasuries, short-term Treasury ETF shares or bank demand deposits.
- NAV reporting: USDY is an accumulating token: its redemption price increases as yield accrues. Historical NAV is read from Ondo's published on-chain Redemption Price Oracle.
- Investor access: USDY is available to qualifying non-U.S. individual and institutional investors. Transfers, subscriptions and redemptions require issuer onboarding and compliance checks.
- Fund page: Ondo USDY.
Returns and period details
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | #732 | #759 | #742 | #697 | #662 | #650 |
| Ranking on Ethereum | #371 | #389 | #403 | #370 | #370 | #345 |
| Ranking on Ondo | #1 | #1 | #1 | #1 | #1 | #1 |
| CAGR (net) | --- | --- | --- | --- | --- | --- |
| CAGR (gross) | 3.6% | 3.6% | 3.6% | 3.7% | 3.7% | 4.4% |
| Returns (net) | --- | --- | --- | --- | --- | --- |
| Returns (gross) | 0.1% | 0.3% | 0.9% | 1.8% | 3.7% | 13.0% |
| Sharpe ratio | 597,201.47 | 523,492.99 | 15.45 | 10.94 | 8.91 | 8.30 |
| Max drawdown | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Technical Details
| Tokenised fund name | Ondo U.S. Dollar Yield |
| Tokenised fund address | 0x96f6ef951840721adbf46ac996b59e0235cb985c |
| Chain | |
| Denomination | USD (offchain) |
| Exchange rate used | 1 USD (offchain) = $1.0000 |
| Share token | USDY |
| Protocol | Ondo |
| Homepage | View vault on protocol website |
| Current TVL | 1,149,451,208.958 USD (offchain) |
| Peak TVL | 1,149,451,208.958 USD (offchain) |
| Last share price | 1.144 USD (offchain) |
| Last updated | |
| Last updated block | 25,845,764 |
| Data refreshed at | |
| Data starts | 2023-11-02 00:00:00 UTC |
| Fee mode | Internalised (performance fee taken from closed positions) |
| Fees internalised | Yes |
| Features | ondo_like |
| Flags | tokenised_fund |
| Whitelist status | Whitelisted |
| Deposit status | Ondo subscriptions, redemptions and token transfers require issuer onboarding, eligibility and compliance checks |
| Redemption status | Ondo subscriptions, redemptions and token transfers require issuer onboarding, eligibility and compliance checks |
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