RWA AUM$15.16m
Key Metrics
Fees 30d$47,679
Fees 30d by chain
Ethereum$47,573
Base$109.97
Fees 7d$10,772
Ethereum$10,750
Base$26.42
Fees 24h$1,582
Ethereum$1,578
Base$3.84
Cumulative Fees$8.12m
Ethereum$8.06m
Base$63,946
Revenue 30d$5,551
Revenue 30d by chain
Ethereum$5,546
Base$8.82
Revenue 7d$846
Ethereum$844
Base$2.03
Revenue 24h$140
Ethereum$140
Base$0.29
Cumulative Revenue$890,808
Ethereum$884,795
Base$6,047
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
Sub Category: Other Fixed Income
Audits:
Methodology
Fees: 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 GitHubYields
Pools Tracked4
Average Supply APY3.45%
Competitors
OpenEden USDO history
Fees and revenue by UTC calendar month, Mar 2025 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Mar 2025 | $10,828 | $755 |
| Apr 2025 | $375,501 | $26,194 |
| May 2025 | $757,857 | $78,349 |
| Jun 2025 | $965,429 | $85,818 |
| Jul 2025 | $1.05m | $80,817 |
| Aug 2025 | $1.02m | $78,522 |
| Sep 2025 | $900,054 | $67,392 |
| Oct 2025 | $815,502 | $73,415 |
| Nov 2025 | $699,077 | $173,983 |
| Dec 2025 | $294,555 | $37,482 |
| Jan 2026 | $244,199 | $22,747 |
| Feb 2026 | $207,483 | $30,543 |
| Mar 2026 | $180,933 | $31,689 |
| Apr 2026 | $156,372 | $38,262 |
| May 2026 | $102,142 | $11,615 |
| Jun 2026 | $97,697 | $14,110 |
| Jul 2026 | $89,579 | $13,688 |
| Aug 2026 | $72,471 | $15,709 |
| Sep 2026 | $51,513 | $7,423 |
| Oct 2026 (to date) | $29,246 | $2,295 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/openeden-usdo
Frequently asked questions
How much has OpenEden USDO generated in fees and revenue?
Over the past 30 days, OpenEden USDO generated $47,679 in fees. Of that, $5,551 was protocol revenue. Based on the trailing year, the annualized rate is $2.54m in fees and $423,760 in revenue.
How does OpenEden USDO's TVL compare to similar protocols?
Among RWA protocols tracked by DefiLlama, OpenEden USDO ranks #134 by TVL. The category holds $4.03b across 173 protocols, and OpenEden USDO accounts for 0% of that total. Other leading protocols include Re, Anemoy Capital, Brickken, Tangible RWA, Theo Network thBill, Mountain Protocol, Boson Protocol, Verified Network, Sweep, and Tokeshare.
How many yield pools does OpenEden USDO have?
DefiLlama tracks 4 OpenEden USDO yield pools with an average APY of 3.4%.

