OpenEden USDO

Total Value Locked$98.65m
Chain Breakdown
Ethereum$96.44m
Arbitrum$2.22m
Base$0.004
USDETH

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

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Methodology

TVL: Counts TBILL tokens and USDC held in the USDO system wallet on Ethereum and Arbitrum.

TVL

Competitors

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