OpenEden USDO

Total Value Locked$275.6m
Chain Breakdown
Ethereum$273.36m
Arbitrum$2.24m
Base$0
Polygon$0

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.