OpenEden USDO
Total Value Locked$94.77m
TVL by Chain
XRPL$51.13m
Ethereum$32.38m
Polygon$11.26m
BSC$2.33
Base$0.0018
Arbitrum$0
Key Metrics
Fees (Annualized)$8.18m
Fees 30d$670,685
Fees 7d$74,017
Fees 24h$9,611
Cumulative Fees$6.63m
Revenue (Annualized)$2.1m
Revenue 30d$172,297
Revenue 7d$11,250
Revenue 24h$858
Cumulative Revenue$670,050
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
Sub Category: Other Fixed Income
Audits:
Methodology
TVL: Counts TBILL, USDC, BUIDL and BENJI tokens held in the USDO system wallet on Ethereum, Arbitrum and Base.View code on GitHubFees: All fees from users mint/redeem USDO, yields and management fees from backing assets.View code on GitHubRevenue: Mint/redeem USDO fees and 0.3% annual is charged by the Investment Manager.View code on GitHubIncome Statement for OpenEden USDO
| Q4 2025* | Q3 2025 | Q2 2025 | Q1 2025 | |
|---|---|---|---|---|
| Fees | $1.55m | $2.97m | $2.1m | $10,828 |
| Revenue | $252,203 | $226,731 | $190,361 | $755 |
| Earnings | $252,203 | $226,731 | $190,361 | $755 |