Ondo US Dollar Yield (USDY)
Peg
On-chain reference price measured against $1.00 — own methodology, no issuer data. As of 10:54 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.
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, 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 — our own reference price — and update as the data does.