RWA
OpenEden USDO
Total TVL
$28.17M
Active pools
3
Chains supported
6
Official site: https://openeden.com/usdo ↗
Overview
OpenEden USDO is a real-world asset (RWA) protocol that issues USD-pegged tokens backed by collateralized assets, generating stablecoins for users seeking exposure to traditional finance within the DeFi ecosystem. The protocol attracts liquidity through its diversified set of collateral options and offers a transparent issuance process.
The protocol holds $36.5M in TVL across 3 active pools on 3 chains: Ripple leads with 80% share, Ethereum follows at 11%, and Polygon rounds out the top three at 9%. This distribution highlights a significant concentration risk on Ripple while also indicating a multi-chain presence.
Audit posture is light, with just one audit reference available. Token economics data is unavailable, making it difficult to assess market cap relative to TVL. The protocol maintains an official website, signaling its commitment to providing users with information and support.
Composed 2026-05-21 from the structured data above. See methodology for the full pipeline.
TVL by chain
TVL history
Top pools
FAQ
› What is OpenEden USDO?
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
› How much TVL does OpenEden USDO have?
OpenEden USDO has $28.17M in total value locked across all supported chains as of the last refresh.
› How many active pools does OpenEden USDO have?
We currently track 3 active pools for OpenEden USDO.
› Is OpenEden USDO audited?
DefiLlama lists 1 audit for OpenEden USDO. Audits reduce smart-contract risk but do not eliminate it.
See our methodology for how this data is collected.