A yield-bearing note backed by short-term US Treasuries and bank deposits, tokenised for non-US holders.
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Where to get USDY
Every venue that sells Ondo US Dollar Yield, ranked by what a purchase actually costs once fees, spread and the withdrawal to your chain are counted.
Cheapest route: Transak — you receive about $981 of USDY from $1,000 (1.89% all-in, straight to your wallet).
| Venue | Type | Fee | Spread | Withdrawal | All-in cost | You receive | Verified | Go |
|---|---|---|---|---|---|---|---|---|
| On-ramp | 0.99% | 0.90% | direct to wallet | $19 1.89% | $981 | 2026-08-11 Fee accurate? | Buy on Transak | |
| On-ramp | 1.00% + $4 | 1.00% | direct to wallet | $24 2.40% | $976 | 2026-08-11 Fee accurate? | Buy on MoonPay | |
| On-ramp | 1.50% | 1.20% | direct to wallet | $27 2.70% | $973 | 2026-07-28 Fee accurate? | Buy on Banxa |
Estimates built from published fee schedules — the final price is shown at venue checkout. Partner links never change this ranking.
Put it to work
Best rate on USDY from a protocol we would defend: over $100M TVL and more than a year live. Currently ondo-yield-assets · Ethereum.
The tradeoff: smart-contract risk on top of issuer risk, and the rate can move any block.
All USDY yieldsAlternatives worth knowing
- Safer siblingBUIDL +8 safety score
+0.0pp yield versus USDY, and less depth on some chains.
- Earning siblingUSDE 44.7% APY built in
Safety score 74 vs 88 — the yield is compensation for that gap.
- Cheaper to moveUSDY on Solana cents per transfer
Ethereum transfers of the same token cost dollars. Bridging across costs time, and Solana has thinner venue support.
Spend it
No card in our directory spends USDY directly. Swapping into USDC or USDT first is the usual route — factor the swap cost in.
Compare every cardSupply history
Safety score: 88/100 — Robust
- Collateral quality & transparency (30%)95
What actually backs the token and how often it is verified. Treasury-backed with daily or on-chain proof scores highest; unattested reserves score lowest.
- Peg stability (25%)100
Live deviation from $1.00 plus the worst historical depeg on record. A single deep depeg keeps weighing on the score.
- Liquidity depth (20%)97
Tracked on-chain pool liquidity in absolute dollars and as a share of circulating supply — how much can exit before the price moves.
- Issuer & legal structure (15%)54
Regulatory status of the issuer and whether holders have a direct redemption right or only a secondary market exit.
- Track record (10%)69
Years in production, minus documented incidents.
Issuer & structure
- Regulatory regime
- Issuer
- Ondo Finance
- Jurisdiction
- BVI
- Collateral
- treasuries
- Peg mechanism
- fiat-backed
- Attestation
- monthly
- Redemption
- gated
- Issuer can freeze balances
- Yes — issuer can freeze balances
- Attestor
- The Network Firm
- Launched
- 2023
- Website
- —
Contracts
Always verify the contract — fake versions of every major dollar token exist.
Got an address from someone? Check it against the registry.