⌘K

OpenEden USDO

Total Value Locked$59.68m

Chain Breakdown
Ethereum	$57.46m
Arbitrum	$2.22m

USD ETH

Information

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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Token Information

Methodology

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

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Competitors

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