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MAINNET ALPHA Unaudited. A bug or an exploit could take everything in it, and nobody would pay you back. $100 total deposit cap. Put in only what you can lose. Read the risks.

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Tokenized T-bills on Solana · profile reviewed 2026-09-15

What Ondo USDYdepends on.

Ondo Global Markets (BVI) Limited issues it: Tokenized note backed by short-term US Treasuries, Treasury ETF shares or bank demand deposits; Reg S. You hold the token; what you risk is the issuer, the assets behind it, and being able to sell when you want out.

Base APY

3.75%defillama · just now

Reward APY

0.00%From a rewards budget, and it can stop

Size

$142.84Mdefillama · just now

Cost to sell out

32 bpsA real quote to USDC: 32 bps at $100, 32.1 bps at $1,000, 32.7 bps at $10,000, 35.6 bps at $50,000

Readings

What it pays,
and how deep it is.

One reading every 15 minutes. A gap in a line is a reading the cron missed, and every reading is in the table under its chart.

Base APY

what the source itself earns, apart from rewards
3.56%3.75%3.94%30 Oct · 3.75%30 Oct · 3.75%30 Oct · 3.75%30 Oct · 3.75%30 Oct · 3.75%30 Oct · 3.75%30 Oct · 3.75%30 Oct · 3.75%30 Oct · 3.75%30 Oct · 3.75%30 Oct · 3.75%30 Oct · 3.75%30 Oct · 3.75%30 Oct · 3.75%30 Oct · 3.75%30 Oct · 3.75%30 Oct · 3.75%30 Oct · 3.75%30 Oct · 3.75%31 Oct · 3.75%31 Oct · 3.75%31 Oct · 3.75%31 Oct · 3.75%31 Oct · 3.75%31 Oct · 3.75%31 Oct · 3.75%31 Oct · 3.75%31 Oct · 3.75%31 Oct · 3.75%31 Oct · 3.75%31 Oct · 3.75%31 Oct · 3.75%31 Oct · 3.75%31 Oct · 3.75%31 Oct · 3.75%31 Oct · 3.75%31 Oct · 3.75%31 Oct · 3.75%1 Nov · 3.75%1 Nov · 3.75%1 Nov · 3.75%1 Nov · 3.75%1 Nov · 3.75%1 Nov · 3.75%1 Nov · 3.75%1 Nov · 3.75%1 Nov · 3.75%1 Nov · 3.75%1 Nov · 3.75%1 Nov · 3.75%1 Nov · 3.75%1 Nov · 3.75%1 Nov · 3.75%1 Nov · 3.75%1 Nov · 3.75%1 Nov · 3.75%1 Nov · 3.75%1 Nov · 3.75%2 Nov · 3.75%2 Nov · 3.75%2 Nov · 3.75%2 Nov · 3.75%2 Nov · 3.75%2 Nov · 3.75%2 Nov · 3.75%2 Nov · 3.75%2 Nov · 3.75%2 Nov · 3.75%2 Nov · 3.75%2 Nov · 3.75%2 Nov · 3.75%2 Nov · 3.75%2 Nov · 3.75%2 Nov · 3.75%2 Nov · 3.75%2 Nov · 3.75%2 Nov · 3.75%3 Nov · 3.75%3 Nov · 3.75%3 Nov · 3.75%3 Nov · 3.75%3 Nov · 3.75%3 Nov · 3.75%3 Nov · 3.75%3 Nov · 3.75%3 Nov · 3.75%3 Nov · 3.75%3 Nov · 3.75%3 Nov · 3.75%3 Nov · 3.75%3 Nov · 3.75%3 Nov · 3.75%3 Nov · 3.75%3 Nov · 3.75%3 Nov · 3.75%3 Nov · 3.75%4 Nov · 3.75%4 Nov · 3.75%4 Nov · 3.75%4 Nov · 3.75%4 Nov · 3.75%30 Octnow · 3.75%
Every reading behind this chart
Read atBase APY
2026-11-04 05:15Z3.75%
2026-11-04 04:15Z3.75%
2026-11-04 03:00Z3.75%
2026-11-04 01:45Z3.75%
2026-11-04 00:30Z3.75%
2026-11-03 23:15Z3.75%
2026-11-03 22:00Z3.75%
2026-11-03 20:45Z3.75%
2026-11-03 19:30Z3.75%
2026-11-03 18:15Z3.75%
2026-11-03 17:00Z3.75%
2026-11-03 15:45Z3.75%
2026-11-03 14:30Z3.75%
2026-11-03 13:15Z3.75%
2026-11-03 12:00Z3.75%
2026-11-03 10:45Z3.75%
2026-11-03 09:30Z3.75%
2026-11-03 08:15Z3.75%
2026-11-03 07:00Z3.75%
2026-11-03 05:45Z3.75%
2026-11-03 04:30Z3.75%
2026-11-03 03:15Z3.75%
2026-11-03 02:00Z3.75%
2026-11-03 00:45Z3.75%
2026-11-02 23:30Z3.75%
2026-11-02 22:15Z3.75%
2026-11-02 21:00Z3.75%
2026-11-02 19:45Z3.75%
2026-11-02 18:30Z3.75%
2026-11-02 17:15Z3.75%
2026-11-02 16:00Z3.75%
2026-11-02 14:45Z3.75%
2026-11-02 13:30Z3.75%
2026-11-02 12:15Z3.75%
2026-11-02 11:00Z3.75%
2026-11-02 09:45Z3.75%
2026-11-02 08:30Z3.75%
2026-11-02 07:15Z3.75%
2026-11-02 06:00Z3.75%
2026-11-02 04:45Z3.75%
2026-11-02 03:30Z3.75%
2026-11-02 02:15Z3.75%
2026-11-02 01:00Z3.75%
2026-11-01 23:45Z3.75%
2026-11-01 22:30Z3.75%
2026-11-01 21:15Z3.75%
2026-11-01 20:00Z3.75%
2026-11-01 18:45Z3.75%
2026-11-01 17:30Z3.75%
2026-11-01 16:15Z3.75%
2026-11-01 15:00Z3.75%
2026-11-01 13:45Z3.75%
2026-11-01 12:30Z3.75%
2026-11-01 11:15Z3.75%
2026-11-01 10:00Z3.75%
2026-11-01 08:45Z3.75%
2026-11-01 07:30Z3.75%
2026-11-01 06:15Z3.75%
2026-11-01 05:00Z3.75%
2026-11-01 03:45Z3.75%
2026-11-01 02:30Z3.75%
2026-11-01 01:15Z3.75%
2026-11-01 00:00Z3.75%
2026-10-31 22:45Z3.75%
2026-10-31 21:30Z3.75%
2026-10-31 20:15Z3.75%
2026-10-31 19:00Z3.75%
2026-10-31 17:45Z3.75%
2026-10-31 16:30Z3.75%
2026-10-31 15:15Z3.75%
2026-10-31 14:00Z3.75%
2026-10-31 12:45Z3.75%
2026-10-31 11:30Z3.75%
2026-10-31 10:15Z3.75%
2026-10-31 09:00Z3.75%
2026-10-31 07:45Z3.75%
2026-10-31 06:30Z3.75%
2026-10-31 05:15Z3.75%
2026-10-31 04:00Z3.75%
2026-10-31 02:45Z3.75%
2026-10-31 01:30Z3.75%
2026-10-31 00:15Z3.75%
2026-10-30 23:00Z3.75%
2026-10-30 21:45Z3.75%
2026-10-30 20:30Z3.75%
2026-10-30 19:15Z3.75%
2026-10-30 18:00Z3.75%
2026-10-30 16:45Z3.75%
2026-10-30 15:30Z3.75%
2026-10-30 14:15Z3.75%
2026-10-30 13:00Z3.75%
2026-10-30 11:45Z3.75%
2026-10-30 10:30Z3.75%
2026-10-30 09:15Z3.75%
2026-10-30 08:00Z3.75%
2026-10-30 06:45Z3.75%
2026-10-30 05:30Z3.75%
2026-10-30 04:15Z3.75%
2026-10-30 03:00Z3.75%
2026-10-30 01:45Z3.75%
2026-10-30 00:30Z3.75%

Size

everything deposited in this source
$138.34M$161.52M$184.71M30 Oct · $180,167,66330 Oct · $180,167,66330 Oct · $180,167,66330 Oct · $180,167,66330 Oct · $180,167,66330 Oct · $180,167,66330 Oct · $180,167,66330 Oct · $180,167,66330 Oct · $180,167,66330 Oct · $180,167,66330 Oct · $180,167,66330 Oct · $180,167,66330 Oct · $180,167,66330 Oct · $180,167,66330 Oct · $180,167,66330 Oct · $180,167,66330 Oct · $180,167,66330 Oct · $180,167,66330 Oct · $180,167,66331 Oct · $180,167,66331 Oct · $180,185,83731 Oct · $180,185,83731 Oct · $180,185,83731 Oct · $180,185,83731 Oct · $180,185,83731 Oct · $180,185,83731 Oct · $180,185,83731 Oct · $180,185,83731 Oct · $180,185,83731 Oct · $180,185,83731 Oct · $180,185,83731 Oct · $180,185,83731 Oct · $180,185,83731 Oct · $180,185,83731 Oct · $180,185,83731 Oct · $180,185,83731 Oct · $180,185,83731 Oct · $180,185,8371 Nov · $180,185,8371 Nov · $180,204,0131 Nov · $180,204,0131 Nov · $180,204,0131 Nov · $180,204,0131 Nov · $180,204,0131 Nov · $180,204,0131 Nov · $180,204,0131 Nov · $180,204,0131 Nov · $180,204,0131 Nov · $180,204,0131 Nov · $180,204,0131 Nov · $180,204,0131 Nov · $180,204,0131 Nov · $180,204,0131 Nov · $180,204,0131 Nov · $180,204,0131 Nov · $180,204,0131 Nov · $180,204,0131 Nov · $180,204,0132 Nov · $180,222,1902 Nov · $180,222,1902 Nov · $180,222,1902 Nov · $180,222,1902 Nov · $180,222,1902 Nov · $180,222,1902 Nov · $180,222,1902 Nov · $180,222,1902 Nov · $180,222,1902 Nov · $180,222,1902 Nov · $180,222,1902 Nov · $180,222,1902 Nov · $180,222,1902 Nov · $180,222,1902 Nov · $180,222,1902 Nov · $180,222,1902 Nov · $180,222,1902 Nov · $180,222,1902 Nov · $180,222,1903 Nov · $142,822,9603 Nov · $142,822,9603 Nov · $142,822,9603 Nov · $142,822,9603 Nov · $142,822,9603 Nov · $142,822,9603 Nov · $142,822,9603 Nov · $142,822,9603 Nov · $142,822,9603 Nov · $142,822,9603 Nov · $142,822,9603 Nov · $142,822,9603 Nov · $142,822,9603 Nov · $142,822,9603 Nov · $142,822,9603 Nov · $142,822,9603 Nov · $142,822,9603 Nov · $142,822,9603 Nov · $142,822,9604 Nov · $142,837,3664 Nov · $142,837,3664 Nov · $142,837,3664 Nov · $142,837,3664 Nov · $142,837,36630 Octnow · $142.84M
Every reading behind this chart
Read atSize
2026-11-04 05:15Z$142,837,366
2026-11-04 04:15Z$142,837,366
2026-11-04 03:00Z$142,837,366
2026-11-04 01:45Z$142,837,366
2026-11-04 00:30Z$142,837,366
2026-11-03 23:15Z$142,822,960
2026-11-03 22:00Z$142,822,960
2026-11-03 20:45Z$142,822,960
2026-11-03 19:30Z$142,822,960
2026-11-03 18:15Z$142,822,960
2026-11-03 17:00Z$142,822,960
2026-11-03 15:45Z$142,822,960
2026-11-03 14:30Z$142,822,960
2026-11-03 13:15Z$142,822,960
2026-11-03 12:00Z$142,822,960
2026-11-03 10:45Z$142,822,960
2026-11-03 09:30Z$142,822,960
2026-11-03 08:15Z$142,822,960
2026-11-03 07:00Z$142,822,960
2026-11-03 05:45Z$142,822,960
2026-11-03 04:30Z$142,822,960
2026-11-03 03:15Z$142,822,960
2026-11-03 02:00Z$142,822,960
2026-11-03 00:45Z$142,822,960
2026-11-02 23:30Z$180,222,190
2026-11-02 22:15Z$180,222,190
2026-11-02 21:00Z$180,222,190
2026-11-02 19:45Z$180,222,190
2026-11-02 18:30Z$180,222,190
2026-11-02 17:15Z$180,222,190
2026-11-02 16:00Z$180,222,190
2026-11-02 14:45Z$180,222,190
2026-11-02 13:30Z$180,222,190
2026-11-02 12:15Z$180,222,190
2026-11-02 11:00Z$180,222,190
2026-11-02 09:45Z$180,222,190
2026-11-02 08:30Z$180,222,190
2026-11-02 07:15Z$180,222,190
2026-11-02 06:00Z$180,222,190
2026-11-02 04:45Z$180,222,190
2026-11-02 03:30Z$180,222,190
2026-11-02 02:15Z$180,222,190
2026-11-02 01:00Z$180,222,190
2026-11-01 23:45Z$180,204,013
2026-11-01 22:30Z$180,204,013
2026-11-01 21:15Z$180,204,013
2026-11-01 20:00Z$180,204,013
2026-11-01 18:45Z$180,204,013
2026-11-01 17:30Z$180,204,013
2026-11-01 16:15Z$180,204,013
2026-11-01 15:00Z$180,204,013
2026-11-01 13:45Z$180,204,013
2026-11-01 12:30Z$180,204,013
2026-11-01 11:15Z$180,204,013
2026-11-01 10:00Z$180,204,013
2026-11-01 08:45Z$180,204,013
2026-11-01 07:30Z$180,204,013
2026-11-01 06:15Z$180,204,013
2026-11-01 05:00Z$180,204,013
2026-11-01 03:45Z$180,204,013
2026-11-01 02:30Z$180,204,013
2026-11-01 01:15Z$180,204,013
2026-11-01 00:00Z$180,185,837
2026-10-31 22:45Z$180,185,837
2026-10-31 21:30Z$180,185,837
2026-10-31 20:15Z$180,185,837
2026-10-31 19:00Z$180,185,837
2026-10-31 17:45Z$180,185,837
2026-10-31 16:30Z$180,185,837
2026-10-31 15:15Z$180,185,837
2026-10-31 14:00Z$180,185,837
2026-10-31 12:45Z$180,185,837
2026-10-31 11:30Z$180,185,837
2026-10-31 10:15Z$180,185,837
2026-10-31 09:00Z$180,185,837
2026-10-31 07:45Z$180,185,837
2026-10-31 06:30Z$180,185,837
2026-10-31 05:15Z$180,185,837
2026-10-31 04:00Z$180,185,837
2026-10-31 02:45Z$180,185,837
2026-10-31 01:30Z$180,185,837
2026-10-31 00:15Z$180,167,663
2026-10-30 23:00Z$180,167,663
2026-10-30 21:45Z$180,167,663
2026-10-30 20:30Z$180,167,663
2026-10-30 19:15Z$180,167,663
2026-10-30 18:00Z$180,167,663
2026-10-30 16:45Z$180,167,663
2026-10-30 15:30Z$180,167,663
2026-10-30 14:15Z$180,167,663
2026-10-30 13:00Z$180,167,663
2026-10-30 11:45Z$180,167,663
2026-10-30 10:30Z$180,167,663
2026-10-30 09:15Z$180,167,663
2026-10-30 08:00Z$180,167,663
2026-10-30 06:45Z$180,167,663
2026-10-30 05:30Z$180,167,663
2026-10-30 04:15Z$180,167,663
2026-10-30 03:00Z$180,167,663
2026-10-30 01:45Z$180,167,663
2026-10-30 00:30Z$180,167,663

Dependencies

What would
have to fail.

Two positions that name the same failure point fail together, however different they look.

Shared failure points

OndoLayerZero

Who can change the programs

Immutable

Tokenk…Q5DA

Issuer

Ondo Global Markets (BVI) Limited. Tokenized note backed by short-term US Treasuries, Treasury ETF shares or bank demand deposits; Reg S. Daily and monthly attestation reports (ondo.finance/usdy).

Getting out

How you leave.

  • Redeemable at its stated value, but only after the issuer onboards you (a plain wallet exits by selling).
  • Ondo can freeze any holder's USDY, through a Squads vault.
  • Selling $100 back costs about 32 bps today.

Who may hold it

Who it turns away.

  • Not available to residents of: the United States, Afghanistan, Belarus, Canada, Cuba, North Korea, Iran, Libya, Myanmar, Russia, Somalia, South Sudan, Sudan, Syria.
  • Qualified or professional investors only in: the United Kingdom, Switzerland, Singapore, Hong Kong, Malaysia, Brazil, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Iceland, Liechtenstein, Norway.
  • These are the source's own terms, read from its documents. Ventura applies them, it does not grant them.

The audit findings for this source have not been read into this page yet. Its audit reports are linked under Evidence.

History

What has
gone wrong.

  • 2026-04-01

    After the Drift exploit, Ondo paused USDY where appropriate and froze assets in the attacker's address. Source

Evidence

Everything this profile
was written from.

6 documents, read by hand for the review on 2026-09-15.

Already holding it?

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