Ondo US Dollar Yield (USDY)
Peg
On-chain reference price measured against $1.00 — own methodology, no issuer data. As of 21:24 UTC. Method
Supply & valuation
This asset's circulating supply (and any valuation computed from it) is carried from a named source rather than our own chain read: Powered by CoinStats.
Questions
USDY — frequently asked questions
What is Ondo US Dollar Yield's supply?
Ondo US Dollar Yield has a circulating supply of 1.90B USDY. This asset's supply can't be read from the chain in a single call, so the figure is data powered by CoinStats rather than our own chain read — labelled as such on this page.
How is the USDY price here computed?
The USDY price on this page is TheDistributed's own reference price: we take DEX pool prices from DexScreener and weight them by pool liquidity, rather than using an exchange feed. The full method and labels are documented on our methodology page.
Does Ondo US Dollar Yield have a market cap?
No market cap is shown for Ondo US Dollar Yield. It is a stablecoin, and stablecoin supply figures are issuer claims rather than on-chain facts we can verify, so this page reports no market cap at all.
Is Ondo US Dollar Yield its own blockchain?
No — Ondo US Dollar Yield (USDY) is a stablecoin issued on a host blockchain rather than a native coin. We track it by its verified canonical contract, and its on-chain figures are read from that contract.
Answers are generated from the live figures on this page — our own reference price — and update as the data does.