Ondo Yield Assets · Arbitrum

USDY (US Dollar Yield)

Overview

The Ondo Yield Assets USDY pool on Arbitrum is a single-asset stablecoin lending position where suppliers earn variable interest on US Dollar denominated deposits. The protocol generates yield by routing borrowing demand against pooled liquidity and distributing the resulting interest to lenders. Total APY stands at 3.55%, with no additional reward component. Both the 7-day and 30-day trends are flat, indicating stability around this rate, which aligns with the 30-day mean of 3.55%. TVL is $5.59M without a reported change over the past week; primary exposure for suppliers here is depeg risk on the underlying stablecoin. Given its focus on real-world asset-backed tokens, liquidity depth in this pool reflects the demand and backing quality of the collateralized assets.

Composed 2026-05-20 from the structured data above. See methodology for the full pipeline.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Depeg risk

  The pool is built on stablecoins. A depeg of any underlying asset would impact returns and principal.

• Yield variability

  Current APY is 3.55%; 30-day mean is 3.55%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 70% confidence based on historical patterns.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.