Navigate to Home PageNavigate to Home Page
⌘K

ProtocolsOpenEden USDO

Information
TVL
Fees and Revenue

OpenEden USDO

Total Value Locked
$94.89m
Chain Breakdown
XRPL$51.18m
Ethereum$33.7m
Polygon$10m
BSC$2.33
Base$0.0018
Arbitrum$0
$6.58m
$1.95m

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.