Token on 7 chains
Backing not tracked
Ondo publishes the holdings behind USDY (short-term US Treasuries and bank deposits) on its website and app only. Source
$1.84B market cap, without a recorded backing.
01 · Chains
USDY on each chain
The reserves are reported for all chains together. Each chain gets the share of its circulating supply at the report date.
| Chain | Market cap | Reserves | Share | Backing ratio |
|---|---|---|---|---|
 USDY on Ethereum | $1.29B | $0.00 | – | – |
 USDY on Sei | $259.82M | $0.00 | – | – |
 USDY on BNB Chain | $250.02M | $0.00 | – | – |
 USDY on Solana | $35.45M | $0.00 | – | – |
 USDY on Arbitrum One | $3.14M | $0.00 | – | – |
 USDY on Tempo | $803.07K | $0.00 | – | – |
 USDY on Mantle | $365.21K | $0.00 | – | – |
02 · Backing chain
What USDY is backed by
All chains together. Move the slider or press play to see the chain week by week.
No backing recorded for Nov 10, 2026 and Ondo US Dollar Yield.
Backing on Nov 10, 2026, the last recorded day of its week. Backing from reports counts until the next report, for at most 140 days. Between two reports the values are estimated, see the settings.