Ondo US Dollar YieldUSDY
Ondo Finance · Tokenized US Treasury
~ Yield is an indicative net estimate near the short T-bill range; the issuer's published figure is authoritative.
What it is
Ondo US Dollar Yield (USDY) is a tokenized US-Treasury product from Ondo Finance. Accessible to non-US retail at low minimums — the closest to a retail product among the large tokens, but US persons are excluded. Yield shown is indicative.
Who can buy it
Non-US retail only.Non-US retail (excludes US persons). The practical minimum is around $500. US persons are excluded; it is reachable by non-US retail at low minimums.
Underlying & redemption
Short-term US Treasuries plus bank demand deposits.
Yield-accruing token; 40–50 day transfer lock-up after mint, then freely transferable on-chain.
Chains
EthereumSolanaMantleSuiAptosArbitrum
How it compares to a T-bill ETF
For most retail investors the realistic alternative is a T-bill ETF you can buy in any brokerage account, with no whitelist and intraday liquidity:
| Product | Yield | AUM | Min | Retail? |
|---|---|---|---|---|
| USDYthis | 4.25%~ | $2.14B | $500 | Non-US retail only |
| SGOVBlackRock (iShares) | 4.15% | $44.00B | $100 | Retail-accessible |
| BILState Street (SPDR) | 4.05% | $35.00B | $91 | Retail-accessible |
Source: RWA.xyz · Ondo ↗ · as of May 4, 2026 · live.
General information only and not personalized financial or investment advice. Tokenized products carry smart-contract, issuer and liquidity risks that a listed ETF does not. Yields and AUM change constantly — verify with the issuer’s official disclosures before acting.