Logo of OpenEden USDOOpenEden USDO
Total Value Locked$24.68m

TVL by Chain

XRPL$19.67m

Ethereum$2.56m

Polygon$2.46m

BSC$0.28

Base$0.00075

Arbitrum$0

Key Metrics

Fees (Annualized)$4.3m
Fees 30d$74,145

Ethereum$74,014

Base$128.29

Fees 7d$15,494

Ethereum$15,464

Base$29.91

Fees 24h$2,585

Ethereum$2,581

Base$3.9

Cumulative Fees$8.01m

Ethereum$7.95m

Base$63,716.19

Revenue (Annualized)$556,687
Revenue 30d$10,372

Ethereum$10,360

Base$11.03

Revenue 7d$1,581

Ethereum$1,578

Base$4.91

Revenue 24h$267

Ethereum$267

Base$0.33

Cumulative Revenue$870,659

Ethereum$864,658

Base$5,998.36

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 ($131.8m)BackedFi ($4.1m)Sweep ($8,187.19)BlackRock BUIDL ($3.547b)Ondo Yield Assets ($2.52b)Tether Gold ($3.122b)Circle USYC ($2.981b)Spiko ($2.445b)Paxos Gold ($1.921b)Centrifuge Protocol ($1.636b)

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 $24.68m in total value locked. TVL has decreased 8.5% over the past 30 days.

What chains does OpenEden USDO operate on?

OpenEden USDO operates on 6 chains: Base, Ethereum, BSC, Arbitrum, and Polygon and 1 others. XRPL holds the largest share at 79.7%.

How much has OpenEden USDO generated in fees and revenue?

Over the past 30 days, OpenEden USDO generated $74,145 in fees. Of that, $10,372 was protocol revenue. Based on the trailing year, the annualized rate is $4.3m in fees and $556,687 in revenue.

How many yield pools does OpenEden USDO have?

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