OpenEden OpenDollar(USDO)Onchain Marketcap$26.68m
Onchain Marketcap by chain
Ethereum$25.75m
Solana$696,226
BSC$189,625
Base$38,794
Plasma$10
Key Metrics
Active Marketcap$26.68m
Ethereum$25.75m
Solana$696,226
BSC$189,625
Base$38,794
Plasma$10
DeFi Active TVL$810,114
Solayer USD$694,728
Solana$694,728
Ensuro$100,505
Ethereum$100,505
Curve DEX$14,881
Ethereum$14,881
USDO Price$1
Chains5
Token Properties
Classification
RedeemableIndicates whether the token can be redeemed for underlying assets
KYC to Mint or RedeemIndicates whether minting or redeeming the token through the issuer or primary market requires KYC/AML verification (KYC/KYB/onboarding)
TransferableIndicates whether the token can be transferred freely between on chain addresses
Self CustodyIndicates whether the token can be held in a user controlled wallet
AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing
Asset Information
IssuerOpenEden Digital (OpenEden)
Registry InformationOpenEden Digital Limited (OED) is licensed by the Bermuda Monetary Authority under Digital Asset Business Act license number 202403468, structured as a Segregated Accounts Company. USDO is deployed as an EIP-1967 upgradeable ERC-20 proxy on Ethereum, Base, BSC, and Kaia and as a Solana Token-2022 mint with transferHook and metadata extensions. All five chain deployments are verified against the CoinGecko platform contract map for openeden-open-dollar. A separate ERC-4626 wrapper called cUSDO (Compounding Open Dollar, ethereum:0xaD55aebc9b8c03FC43cd9f62260391c13c23e7c0) provides non-rebasing DeFi composability. Because cUSDO holds a significant share of Ethereum USDO in its vault (approximately 18.29 million USDO at review), the cUSDO contract is listed as a holder to remove for active marketcap purposes to avoid double-counting with the separately tracked cUSDO row.
Sourcehttps://openeden.com/usdohttps://docs.openeden.com/usdo/transparency
Oracle
Provider:Chainlink Proof of Reserve (multi-chain); Solana holdings denominated in cUSDO with USDO value derived via ERC-4626 wrapper rateView proof
Attestations
Date of Last Attestation:Continuous (Chainlink Proof of Reserve)
Attestation Frequency:Continuous
Reports:
Notes
- USDO is a rebasing yield-bearing USD stablecoin issued by OpenEden Digital, a Bermuda Monetary Authority DABA-licensed segregated accounts company. It maintains a target 1 dollar redemption value and is fully backed by tokenized short-dated US Treasury bills through the OpenEden TBILL product line. Yield from the underlying Treasury portfolio accrues to holders via positive rebases of the token balance rather than a rising unit price. USDO is deployed as an EIP-1967 upgradeable ERC-20 on Ethereum, Base, BSC, and Kaia and as a Solana Token-2022 mint with transferHook and metadata extensions. A separate ERC-4626 wrapper called cUSDO offers non-rebasing DeFi composability by tokenizing USDO shares that accrue value through a rising convertToAssets rate. Continuous proof of reserves is published through Chainlink Proof of Reserve feeds and OpenEden transparency reporting.