Information
TVL
Fees and Revenue
OpenEden USDO
Total Value Locked$225.46m
| Ethereum | $123.74m |
|---|---|
| XRPL | $80.97m |
| Polygon | $18.48m |
| Arbitrum | $2.27m |
| BSC | $2.34 |
| Base | $0.0018 |
| $15.95m | |
| $7.8m |
Protocol Information
USDO is collateralized by tokenized U.S. Treasury Bills and money market funds (such as OpenEden’s TBILL), from which USDO’s yield is generated. The reserves serve as the foundation for maintaining a minimum 100% collateralization ratio, meaning every USDO token in circulation is fully backed by equivalent assets
Category:RWA
Audits
Methodology
TVL: Counts TBILL, USDC, BUIDL and BENJI tokens held in the USDO system wallet on Ethereum, Arbitrum and Base.
Fees: All fees from users mint/redeem USDO, yields and management fees from backing assets.
Revenue: Mint/redeem USDO fees and 0.3% annual is charged by the Investment Manager.