OpenEden USDO
Total Value Locked$95.15m
TVL by Chain
XRPL$51.18m
Ethereum$33.71m
Polygon$10.26m
BSC$2.33
Base$0.0018
Arbitrum$0
Key Metrics
Fees (Annualized)$6.58m
Fees 30d$539,204
Fees 7d$67,257
Fees 24h$9,867
Cumulative Fees$6.71m
Revenue (Annualized)$1.95m
Revenue 30d$159,454
Revenue 7d$5,638
Revenue 24h$1,152
Cumulative Revenue$677,913
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 | $1.63m | $2.97m | $2.1m | $10,828 |
| Revenue | $260,066 | $226,731 | $190,361 | $755 |
| Earnings | $260,066 | $226,731 | $190,361 | $755 |