Logo of OpenEden USDOOpenEden USDO
Total Value Locked$24.65m

TVL by Chain

XRPL$19.67m

Ethereum$2.53m

Polygon$2.46m

BSC$0.28

Base$0.00075

Arbitrum$0

Key Metrics

Fees (Annualized)$4.27m
Fees 30d$73,953

Ethereum$73,827

Base$124.61

Fees 7d$15,470

Ethereum$15,446

Base$23.72

Fees 24h$244

Ethereum$240

Base$3.81

Cumulative Fees$8.01m

Ethereum$7.95m

Base$63,716.42

Revenue (Annualized)$553,832
Revenue 30d$10,355

Ethereum$10,343

Base$11.35

Revenue 7d$1,558

Ethereum$1,558

Base$2.3

Revenue 24h$240

Ethereum$240

Base$0.32

Cumulative Revenue$870,844

Ethereum$864,843

Base$5,998.67

Protocol Information

USDO is collateralized by tokenized U.S. Treasury Bills and money market funds (such as OpenEden’s TBILL), from which USDO’s yield is generated. The reserves serve as the foundation for maintaining a minimum 100% collateralization ratio, meaning every USDO token in circulation is fully backed by equivalent assets

Category:RWA

Sub Category: Other Fixed Income

Audits:

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Methodology

TVL: Counts TBILL, USDC, BUIDL and BENJI tokens held in the USDO system wallet on Ethereum, Arbitrum and Base.View code on GitHubFees: All fees from users mint/redeem USDO, yields and management fees from backing assets.View code on GitHubRevenue: Mint/redeem USDO fees and 0.3% annual is charged by the Investment Manager.View code on GitHub

Yields

Pools Tracked4

Average Supply APY3.1%

Competitors

Midas RWA ($130.82m)BackedFi ($4.03m)Sweep ($8,188.24)BlackRock BUIDL ($3.548b)Ondo Yield Assets ($2.517b)Tether Gold ($3.11b)Circle USYC ($2.981b)Spiko ($2.467b)Paxos Gold ($1.891b)Centrifuge Protocol ($1.634b)

Frequently Asked Questions

What is OpenEden USDO?

USDO is collateralized by tokenized U.S. Treasury Bills and money market funds (such as OpenEden’s TBILL), from which USDO’s yield is generated. The reserves serve as the foundation for maintaining a minimum 100% collateralization ratio, meaning every USDO token in circulation is fully backed by equivalent assets

What is OpenEden USDO's TVL?

OpenEden USDO currently has $24.65m in total value locked. TVL has decreased 8.6% over the past 30 days.

What chains does OpenEden USDO operate on?

OpenEden USDO operates on 6 chains: Polygon, Base, Arbitrum, Ethereum, and BSC and 1 others. XRPL holds the largest share at 79.8%.

How much has OpenEden USDO generated in fees and revenue?

Over the past 30 days, OpenEden USDO generated $73,953 in fees. Of that, $10,355 was protocol revenue. Based on the trailing year, the annualized rate is $4.27m in fees and $553,832 in revenue.

How many yield pools does OpenEden USDO have?

DefiLlama tracks 4 OpenEden USDO yield pools with an average APY of 3.1%.