Ondo US Dollar Yield (USDY)
Peg
On-chain reference price measured against $1.00 — own methodology, no issuer data. As of 08:54 UTC. Method
Supply & valuation
Holders & concentration
Concentration is the standard due-diligence read on attention-driven assets: the fewer holders control the supply, the more one seller can move the price. Solana figures count token accounts, which can overstate concentration — one owner may hold several accounts, and exchange accounts pool many customers.
Largest token accounts
USDY — frequently asked questions
What is Ondo US Dollar Yield's supply?
Ondo US Dollar Yield has a total on-chain supply of 159.3M USDY, read directly from the chain. Its circulating supply can't be independently verified, so we report only the total.
How is the USDY price here computed?
The USDY price on this page is TheDistributed's own reference price, computed from on-chain venue data rather than exchange feeds. The full method, tolerances 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 — on-chain reads, our own reference price and Reddit crowd data — and update as the data does.