R
Live$0 TVL
USDT5.00%$145.00BUSDC4.50%$60.00BUSDe12.50%$5.20BRSWAN6.50%$5.00BUSDS5.00%$4.10BsDAI6.00%$2.80BPYUSD3.70%$2.50BUSYC3.85%$2.10BBUIDL3.43%$1.78BSAFO3.75%$1.00BBENJI3.54%$894.00MMPL-USDC9.50%$820.00MUSDT5.00%$145.00BUSDC4.50%$60.00BUSDe12.50%$5.20BRSWAN6.50%$5.00BUSDS5.00%$4.10BsDAI6.00%$2.80BPYUSD3.70%$2.50BUSYC3.85%$2.10BBUIDL3.43%$1.78BSAFO3.75%$1.00BBENJI3.54%$894.00MMPL-USDC9.50%$820.00M
USD

How to Buy Ondo US Dollar Yield (USDY)

Ondo FinanceTreasuries

This guide walks you through buying Ondo US Dollar Yield (USDY), a treasuries asset on Ondo Finance currently earning 4.90% APY. Follow these 5 steps to start earning yield on your investment.

1

Set Up a Wallet

To invest in USDY, you need a compatible crypto wallet. We recommend MetaMask or Rabby for browser-based wallets, or Coinbase Wallet for mobile. Make sure your wallet supports one of the following chains: ethereum, solana, mantle, sui, aptos. Write down your seed phrase and store it securely -- never share it with anyone.

2

Get Stablecoins

USDY is typically purchased with USDC or USDT. You can buy stablecoins on any major exchange (Coinbase, Kraken, Binance) and send them to your wallet on ethereum. If you already have crypto, you can swap to USDC on a DEX like Uniswap or 1inch. The minimum investment for USDY is $500.

3

Complete KYC (If Required)

Good news: USDY on Ondo Finance does not require KYC verification. You can invest directly from your wallet without identity verification. Note that regulatory requirements may change, so check the protocol's current requirements before investing.

4

Connect to Protocol

Visit the Ondo Finance platform at https://ondo.finance and connect your wallet. Make sure you are on the correct network (ethereum). Review the terms and conditions carefully. Check that the URL is correct to avoid phishing sites -- always access the protocol through official links or bookmark the site.

5

Make Your Investment

Select USDY from the available products and enter the amount you want to invest. Minimum investment: $500. Review the current APY (4.90%), any fees, and redemption terms before confirming. Approve the stablecoin spend and confirm the transaction in your wallet. Your yield will start accruing immediately after the transaction confirms.

Ready to invest in USDY?

Start earning 4.90% APY on Ondo Finance today.

Frequently Asked Questions

What is USDY?

Tokenized note secured by short-term U.S. Treasuries and bank deposits. Offers permissionless access to Treasury yields for non-U.S. investors.

What APY does USDY currently offer?

USDY currently offers 4.90% APY. The 7-day average APY is 4.85% and the 30-day average is 4.92%. Yields can fluctuate based on market conditions.

Is KYC required to buy USDY?

No, USDY does not currently require KYC verification. You can invest directly from your wallet.

What chains is USDY available on?

USDY is available on ethereum, solana, mantle, sui and aptos.

View full USDY analysis

USDY Overview

Current APY
4.90%
TVL
$680.00M
Min Investment
$500
KYC Required
No
Chains
ethereum, solana, mantle, sui, aptos
Risk Level
low risk
Audit Status
audited

Quick Links

USDY AnalysisOndo Finance ProtocolYield ScreenerYield Calculator