Logo of OpenEden USDOOpenEden USDO
Total Value Locked$25.49m

TVL by Chain

XRPL$19.63m

Ethereum$3.41m

Polygon$2.45m

BSC$0.28

Base$0.00073

Arbitrum$0

Key Metrics

Fees (Annualized)$4.93m
Fees 30d$87,912

Ethereum$87,789

Base$118.02

Fees 7d$19,726

Ethereum$19,694

Base$29.02

Fees 24h$2,583

Ethereum$2,579

Base$4.34

Cumulative Fees$7.96m

Ethereum$7.9m

Base$63,626.36

Revenue (Annualized)$601,838
Revenue 30d$13,547

Ethereum$13,539

Base$1.1

Revenue 7d$2,983

Ethereum$2,978

Base$1.1

Revenue 24h$217

Ethereum$217

Base$0.36

Cumulative Revenue$864,644

Ethereum$858,649

Base$5,988.46

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 APY3.09%

Competitors

Midas RWA ($122.42m)BackedFi ($4.16m)Sweep ($8,185.39)BlackRock BUIDL ($3.444b)Ondo Yield Assets ($2.542b)Circle USYC ($3.005b)Tether Gold ($2.868b)Spiko ($2.239b)Paxos Gold ($1.791b)Centrifuge Protocol ($1.63b)

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 $25.49m in total value locked. TVL has decreased 13.4% over the past 30 days.

What chains does OpenEden USDO operate on?

OpenEden USDO operates on 6 chains: BSC, Base, Arbitrum, Ethereum, and Polygon and 1 others. XRPL holds the largest share at 77%.

How much has OpenEden USDO generated in fees and revenue?

Over the past 30 days, OpenEden USDO generated $87,912 in fees. Of that, $13,547 was protocol revenue. Based on the trailing year, the annualized rate is $4.93m in fees and $601,838 in revenue.

How many yield pools does OpenEden USDO have?

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